Category Archives: Phantom cybersecurity

Big data analyzation platform company Splunk announced Tuesday that it will acquire security automation and orchestration company Phantom Cybersecurity in a deal worth $350 million. Phantom’s platform relies on automation to complete various tasks and workflows, freeing up enterprise security teams to focus on high-level issues. By combining Phantom’s product into Splunk’s data automation platform, enterprises will be able to further reduce risk and respond faster to security incidents. “Phantom’s employees and technology significantly expand and strengthen Splunk’s vision for the security nerve center and for business revolution through IT,” said Doug Merritt, Splunk’s president and CEO. “Splunk is committed to continuously pushing the limits of technology to help our customers get the answers they need from their data.” The cybersecurity world has been buzzing about Phantom over the past two years. The company was named the Most Innovative Startup at the 2016 RSA Innovation Sandbox contest. It has raised […]

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