Collaborate Disseminate
Palo Alto Networks plans to bring together several cybersecurity platforms into a unified platform it is calling Prisma in the wake of agreeing to acquire Twistlock, provider of a container security platform, and PureSec, provider of a platform for se… Continue reading Palo Alto Networks Details Strategy Post Acquisition Spree
The strength of a new federal acquisition council on supply-chain security lies in its ability to directly involve classified information in agencies’ decisions to buy products and services, according to a senior White House official. The new regime contrasts from previous “whack-a-mole” approaches that were confined to the unclassified space, Federal Chief Information Officer Grant Schneider said Thursday at the 2019 Security Through Innovation Summit, presented by McAfee. He chairs the nascent interagency Federal Acquisition Security Council, which was established by a law signed by President Donald Trump in December. The law allows classified information to be used to support risk assessments while assuring the intelligence community that data is protected, Schneider added. “The Binding Operational Directive on Kaspersky was completely through open-source [information],” Schneider said, referring to a 2017 federal order that, due to security concerns, banned civilian agencies from using products made by Moscow-based Kaspersky Lab. “If we […]
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Atlassian today announced that it has acquired AgileCraft, a service that aims to give enterprises plan their strategic projects and workstreams. The service provides business leaders with additional insights into the current status of technical projects and gives them insights into the bottlenecks, risks and dependencies of these projects. Indeed, the focus of AgileCraft is […] Continue reading Atlassian acquires AgileCraft for $166M
The founders of NSO Group, a controversial Israeli spyware vendor, said Thursday that they had re-acquired the company from private equity firm Francisco Partners. NSO Group co-founders Shalev Hulio and Omri Lavie led the acquisition and promised more growth for the company, which reported dozens of customers and $250 million in revenue in 2018. NSO Group did not reveal the terms of the deal, which was supported by Novalpina Capital, a London-based firm. Sources had told CyberScoop in June of 2017 that Francisco Partners was asking for more than $1 billion for NSO Group. Francisco paid $120 million for a majority stake in the company in 2014. NSO Group says it lawfully sells its surveillance technology to governments to combat terrorism and organized crime. However, the company’s signature Pegasus spyware has been used to target journalists, anticorruption watchdogs and political dissidents, according to research from Amnesty International and the University of […]
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Datadog, the popular monitoring and analytics platform, today announced that it has acquired Madumbo, an AI-based application testing platform. “We’re excited to have the Madumbo team join Datadog,” said Olivier Pomel, Datadog’s CEO. “They’ve built a sophisticated AI platform that can quickly determine if a web application is behaving correctly. We see their core technology […] Continue reading Datadog acquires app testing company Madumbo
ForeScout Technologies, a network security company that focuses on internet-of-things, operational technology and cloud computing, announced on Thursday that it acquired OT security company SecurityMatters for $113 million. With the increasing convergence of IT and OT, the purchase is meant boost ForeScout’s ability to deliver security in enterprise and industrial environments. “ForeScout’s acquisition of SecurityMatters is a natural fit as it takes us deeper into a market where we have an established foothold and are seeing explosive customer demand,” said ForeScout CEO Michael DeCesare, in a press release. The deal comes after the two companies have been partnering for about a year. The companies said their combined monitoring and assessment capabilities will help them provide customers with “deeper visibility into OT and [industrial control system] environments” and better manage network risk, among other improvements. “Virtually every company with OT needs to rethink its cybersecurity strategy,” said SecurityMatters CEO Damiano Bolzoni. […]
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Symantec this week moved this week to expand its portfolio of security offerings by acquiring Appthority and Javelin Networks as part of a larger artificial intelligence (AI) strategy being driven by a combination of internal organic research and deve… Continue reading Symantec Acquisitions Further AI Strategy
Thoma Bravo, an American private equity firm, announced on Monday that it is purchasing application security testing company Veracode from Broadcom for $950 million in cash. Based in Burlington, Massachusetts, Veracode is a software-as-a-service (SaaS) company that helps software developers detect security issues in their applications at various points in the software development cycle. Thoma Bravo and Veracode said in a press release that the acquisition is meant to further Vercaode’s “future operational and product development plans.” “Partnering with Thoma Bravo, a proven security software investor, is expected to extend our market reach and further fuel our innovation so that we can offer the broadest software security platform and empower us to accelerate growth — all to allow us to transform the way companies achieve their software security goals,” said Sam King, currently Veracode’s senior vice president and product manager, and CEO-to-be when the deal is done. Veracode hasn’t been […]
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Shortly after the gigantic security breach that affected millions of its users, Facebook is considering the acquisition of a major cybersecurity company. This move may be seen as a step Facebook is taking to improve their defenses and heal their…Read… Continue reading Facebook to Acquire a Cybersecurity Firm to Improve Defenses
Check Point Technologies this week moved to extend the reach of its Infinity Architecture for implementing and maintaining cloud security policies by acquiring Dome9. Peter Alexander, chief marketing officer for Check Point, said Dome9 provides a mean… Continue reading Check Point Acquires Dome9 to Advance Cloud Security