Rapid7 Acquires IntSights Cyber Intelligence for $335 Million | #cloudsecurity

The combination will provide customers with a unified view into threats.

Rapid7 has acquired IntSights Cyber Intelligence, a provider of contextualized external threat intelligence and proactive threat remediation. Rapid7 is paying $335 million in cash and stock in the deal.

With the acquisition of IntSights, Rapid7 will combine its threat intelligence and understanding of customer environments with IntSights’ external threat intelligence capabilities. The combination will provide customers with a unified view into threats. It’ll also provide attack surface monitoring, relevant insights and proactive threat mitigation for all organizations, the company said.

Moreover, the acquisition enhances Rapid7’s cloud-native extended detection and response (XDR) offering, InsightIDR. It does so by enabling alerts to ensure efficient security operations, earlier threat detection and accelerated response times.

Shared Belief

Corey Thomas is Rapid7’s chairman and CEO.

Rapid7’s Corey Thomas

“Cybersecurity is a lopsided battle today and the odds consistently favor attackers,” he said. “Both IntSights and Rapid7 have a shared belief that organizations will succeed only when they have a unified view of internal and external threats, complete with contextualized intelligence and automated threat mitigation, which will allow security teams to focus on the most critical threats. We look forward to working with IntSights to make this vision a reality for our customers.”

Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.

Guy Nizan is IntSights’ co-founder and CEO.

IntSights’ Guy Nizan

“We founded IntSights to make threat intelligence instantly accessible and actionable for organizations of any type or size,” he said. “We are excited to join Rapid7 to continue this mission and to bring our threat intelligence capabilities to even more customers.”

IntSights drives the productivity and outcomes that security operations teams need. It does so by providing continuous coverage for external threats, from identification to mitigation, to remediation.

Rapid7’s Insight Platform includes a set of capabilities across detection and response, vulnerability management, cloud security, application security, and security orchestration and automation. The company intends to bring IntSights’ external threat intelligence capabilities into its platform to unlock faster threat identification and remediation across the company’s entire solution portfolio.

(function(d, s, id){ var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) {return;} js = d.createElement(s); js.id = id; js.src = "https://connect.facebook.net/en_US/sdk.js"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk'));

Original Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

− 6 = three