The acquisition is expected to support organisations’ digital transformation as it gets speeds up with hybrid work
RiskIQ is a major player in global threat intelligence and attack surface management space. (Credit: Pete Linforth from Pixabay)
Microsoft has signed an agreement to acquire San Francisco-based cybersecurity firm RiskIQ for an undisclosed sum.
The acquisition is aimed at strengthening cybersecurity for organisations as their digital transformation gets accelerated with hybrid work.
RiskIQ is a major player in global threat intelligence and attack surface management space. The company is claimed to have over a decade of experience in scanning and analysing the internet.
The company’s solutions allow its customers to discover and assess the security of their entire enterprise attack surface in the Microsoft cloud, AWS, other clouds, and on-premises.
Microsoft stated: “With the acquisition of RiskIQ, we will continue our mission to help customers defend their growing digital estate against increasing cyber threats.”
RiskIQ also provides global threat intelligence, which is collected from across the internet and crowd-sourced through its PassiveTotal community of security researchers. The intelligence is also analysed using machine learning.
The threat intelligence offered by the company enables organisations to gain context into the source of attacks, tools and systems. Besides, it provides indicators of compromise to detect and neutralise attacks quickly.
By using a combination of RiskIQ’s attack surface management and threat intelligence, security teams of organisations will be able to assemble, graph, and identify connections between their digital attack surface and attacker infrastructure and activities.
RiskIQ CEO and founder Lou Manousos said: “We’re proud of the loyal customer base we’ve built and how far we’ve come. We now partner with hundreds of the Global 2,000, and our incredible community has grown to more than 100,000 security professionals that we’re excited to have as partners in this journey.
“We’ll continue to support, nurture, and grow this community with Microsoft. We’ll also continue to grow and work with the valued members of our Interlock Partner Program.”
Last month, Microsoft received US antitrust approval for its deal to acquire conversational artificial intelligence (AI) company Nuance Communications for $19.7bn.