Microsoft has just announced that they are to acquire cyber security company RiskIQ in a $500m deal.
RiskIQ provide cloud-based software as a service (SaaS) for businesses to identity various phishing, fraud, malware and other online threats.
Microsoft’s Eric Doerr (VP of Cloud Security) explained in their annoucement how RiskIQ’s expertise and global threat intelligence platform will help their customers to better apprehend online threats in their digital transformation journey with the technology to become part of their integrated Security and Threat protection suite(s).
“The combination of RiskIQ’s attack surface management and threat intelligence empowers security teams to assemble, graph, and identify connections between their digital attack surface and attacker infrastructure and activities to help provide increased protection and faster response”.
Eric Doerr (Microsoft VP of Cloud Security)
Microsoft have a growing and comprehensive industry leading portfolio of integrated security and threat protection solutions for addressing the needs of hybrid and multi-cloud environments. The acquisition of RiskIQ’s expertise follows an ongoing list of acquisitions in the cybersecurity area.
“Our (Risk IQs) technology and amazing people will be a powerful addition to Microsoft solutions. Together, we’ll empower CISOs and security operations teams to proactively detect and defend their enterprise against all threats, both on-premise and across multi-cloud. “
Statement from RiskIQ
You can read the full annoucement in the Microsoft Security Blog here.