Microsoft announced this morning that it will acquire RiskIQ, which makes threat intelligence and attack surface management solutions. The software giant hasn’t revealed the cost of the transaction, but a Bloomberg report claims that it’s worth over $500 million.
“Organizations are increasingly using the cloud to reimagine every facet of their business, hybrid work has accelerated this digital transformation, and customers are challenged with the increasing sophistication and frequency of cyberattacks,” Microsoft vice president Eric Doerr explains. “Today, Microsoft is announcing that we have entered into a definitive agreement to acquire RiskIQ, a leader in global threat intelligence and attack surface management, to help our shared customers build a more comprehensive view of the global threats to their businesses, better understand vulnerable internet-facing assets, and build world-class threat intelligence.”
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As Microsoft says, RiskIQ helps customers discover and assess the security of their entire enterprise attack surface, in the Microsoft cloud, Amazon AWS, other clouds, on-premises, and from their supply chain. It has more than a decade of experience scanning and analyzing the Internet and can help enterprises identify and remediate vulnerable assets before an attacker can capitalize on them.
RiskIQ also owns a crowd-sourced global threat intelligence collection that’s fed by security researchers and analyzed by AI. Microsoft says that it will continue to support, nurture, and grow RiskIQ’s community of customers and security professionals.