Microsoft acquires cybersecurity agency RiskIQ for $500M
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Microsoft has reached a deal to amass RiskIQ, a San Francisco-based supplier of cybersecurity companies, together with malware and spyware and adware monitoring and cellular app safety.
“At this time, Microsoft is saying that now we have entered right into a definitive settlement to amass RiskIQ, a pacesetter in international menace intelligence and assault floor administration, to assist our shared clients construct a extra complete view of the worldwide threats to their companies, higher perceive weak internet-facing belongings, and construct world-class menace intelligence,” Microsoft VP for cloud safety Eric Doerr mentioned in a weblog put up saying the deal on Monday.
RiskIQ’s companies and options will be part of Microsoft’s suite of cloud-native safety merchandise, together with Microsoft 365 Defender, Microsoft Azure Defender, and Microsoft Azure Sentinel, Doerr mentioned. RiskIQ’s companies embrace international menace intelligence crowdsourced via the corporate’s PassiveTotal neighborhood of safety researchers. RiskIQ makes use of machine studying functions to research threats and “acquire context into the supply of assaults, instruments and programs, and indicators of compromise to detect and neutralize assaults rapidly,” Doerr mentioned.
Microsoft didn’t reveal phrases of the deal, however Bloomberg reported that the corporate can pay “greater than $500 million in money” for RiskIQ, in accordance with unnamed sources.
Higher safety within the cloud
Doerr mentioned the acquisition would assist Microsoft present higher safety to organizations operating functions and infrastructure throughout a number of clouds and hybrid cloud environments. He mentioned RiskIQ “helps clients uncover and assess the safety of their complete enterprise assault floor — in Microsoft cloud, AWS, different clouds, on-premises, and from their provide chain.”
RiskIQ was based in 2009 and is a member of the Cloud Safety Alliance (CSA). The corporate lists CrowdStrike, ElastiFlow, Splunk, ServiceNow, and Palo Alto Networks amongst its companions and has an answer supplier companion channel that features a managed safety service supplier (MSSP) program.
Microsoft will “proceed to help, nurture, and develop” RiskIQ’s companion channel and buyer base after the deal closes, Doerr mentioned.
RiskIQ cofounder and CEO Elias Manousos mentioned in an announcement that he was “thrilled so as to add RiskIQ’s Assault Floor and Menace Intelligence options to the Microsoft Safety portfolio, extending and accelerating our affect.”
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