• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
Computer Business World News

Computer Business World News

Trending News about Computers, Business and Tech

  • Home
  • BUSINESS
  • CAREERS
  • CLOUD
  • COMPUTERS
  • CYBERSECURITY
  • I.T.
  • TECH
  • VOIP
  • About

Microsoft to acquire cybersecurity firm RiskIQ as cyber threats mount

July 13, 2021 by CBW Reporter

[ad_1]

Microsoft (MSFT) said the acquisition will help its customers address the unique risks created by remote work and relying on cloud computing amid “the increasing sophistication and frequency of cyberattacks.”

RiskIQ’s software allows organizations to monitor their entire networks — including operations running on various cloud providers — and its threat intelligence research helps businesses understand and mitigate potential risks.

“We couldn’t be more excited to join forces to enable the global community to defend against the rising tide of cyberattacks,” RiskIQ Founder and CEO Elias Manousos said in a blog post Monday. The announcement comes at a time when cybersecurity is top of mind for many business leaders, following a string of recent ransomware attacks that temporarily took out a major fuel pipeline, meat supplier and IT vendor, among others. Microsoft has also had its own cybersecurity challenges this year: Chinese-linked group Hafnium breached the company’s Exchange email service in March, potentially giving the group access to data from tens of thousands of organizations, including state and local governments, academic institutions, infectious disease researchers and businesses. Microsoft declined to disclose the financial terms of the acquisition. Bloomberg on Sunday reported that Microsoft paid more than $500 million in cash to buy RiskIQ. Prior to the acquisition, RiskIQ had raised more than $80 million from investors. Most recently, it raised a $15 million Series D round announced last June aimed at helping integrate the company’s software into critical infrastructure, including to protect against nation-state adversaries. At the time, RiskIQ said it served 30% of the Fortune 500 and 6,000 organizations globally.

[ad_2]

Click to View Original Source

Filed Under: CYBERSECURITY

Primary Sidebar

More to See

Telarus’ UCaaS/CCaaS Provider Portfolio Now Includes Simplicity VoIP

[ad_1] Simplicity VoIP brings Netsapiens technology to the Telarus community. Telarus has added Simplicity VoIP, the provider of UCaaS … [Read More...] about Telarus’ UCaaS/CCaaS Provider Portfolio Now Includes Simplicity VoIP

Quantum computing hits the desktop, no cryo-cooling required

[ad_1] Superconducting quantum computers are huge and incredibly finicky machines at this point. They need to be isolated from anything that might … [Read More...] about Quantum computing hits the desktop, no cryo-cooling required

True Palo Alto Networks Exam Questions With Updated PSE-Strata Ideal Quality Of PDF Exam Dumps

[ad_1] Up Grade Your Vision And Skillset with Palo Alto Networks PSE-Strata Exam PDF DumpsAs of these days if we see lots of Palo Alto Networks … [Read More...] about True Palo Alto Networks Exam Questions With Updated PSE-Strata Ideal Quality Of PDF Exam Dumps

Footer

SITE INFORMATION

COMPUTER BUSINESS WORLD NEWS

About/Contact

Privacy Policy

Thank you for visiting our website.

Recent

  • Vytelle Closes Oversubscribed Series A
  • Telarus’ UCaaS/CCaaS Provider Portfolio Now Includes Simplicity VoIP
  • Quantum computing hits the desktop, no cryo-cooling required

Search

Copyright © 2022 Computer Business World