Palo Alto Networks has inked a deal to acquire Israel-based cyber security player, Secdo, in a bid to bring on new endpoint detection and response capabilities.
Based in Israel, Secdo has made a name for itself thanks to its internally-developed technology that uses assisted learning combined with thread-level visibility to automatically investigate and respond to alerts from any security technology system.
The company’s platform is expected to imbue Palo Alto Networks Traps advanced endpoint protection with unique data collection and visualisation capabilities.
Once integrated with Traps and the Palo Alto Networks platform, the data provided by Secdo’s technology will feed into the Logging Service and give applications running in the Palo Alto Networks Application Framework greater precision to visualise, detect and stop cyberattacks.
“With Secdo's EDR capabilities as part of our platform, we will accelerate our ability to detect and prevent successful cyberattacks across the cloud, endpoint, and network." Palo Alto Networks chair and CEO, Mark McLaughlin, said.
The deal sees Secdo's team of engineers complement the security expertise and innovation already claimed by Palo Alto Networks’ research and development organisation.
"We are delighted to join the Palo Alto Networks team,” Secdo co-founder and CEO, Shai Morang, said. “We founded Secdo to dramatically increase visibility for security operations teams to reduce the time it takes to detect and respond to an alert.
“The combined capabilities of Secdo and Palo Alto Networks will provide customers the capabilities they need to swiftly and accurately detect and respond to cyberattacks," Morang said.
Secdo marks the second such acquisition by Palo Alto Networks in as many months, with the US-based cyber security vendor revealing in mid-March that it had acquired US-based cloud security services and compliance automation provider, Evident.io in a deal worth US$300 million in cash.
That deal was expected to see Evident.io extend Palo Alto’s API-based security capabilities, helping cloud practitioners ensure their deployments are secure and achieve a continuous state of compliance, by analysing the configurations of all the services and account settings against strict security and compliance controls.
Once integrated with the Palo Alto Networks cloud security offering, the company said that customers would be able to use a single approach to continuous monitoring, storage security, and compliance validation and reporting.