• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

Cybersecurity Market

Cybersecurity Technologies & Markets

  • Cyber Security Events 2023-2024
  • Cybersecurity Jobs
  • Sponsored Post
    • Make a Contribution
  • Market Reports
  • About
  • Contact

IBM Tackles Growing Attack Surface Risks with Plans to Acquire Randori

June 6, 2022 By admin

Addition of Randori helps further simplify threat detection and response, building on recent acquisition of ReaQta and Launch of QRadar XDR

Adds automation and skills to IBM X-Force’s elite offensive cybersecurity team while bringing attackers’ point-of-view into security operation center

SAN FRANCISCO and ARMONK, N.Y., June 6, 2022 – IBM (NYSE: IBM) today at RSAC 2022 announced it plans to acquire Randori, a leading attack surface management (ASM) and offensive cybersecurity provider based in the Boston area. Randori helps clients continuously identify external facing assets, both on-premise or in the cloud, that are visible to attackers – and prioritize exposures which pose the greatest risk. Today’s news further advances IBM’s Hybrid Cloud strategy and strengthens its portfolio of AI-powered cybersecurity products and services.

Investigations into recent data breaches have shown that despite increased investment, companies continue to struggle with managing their attack surface. In fact, 67% of organizations saw their external attack surface expand over the past two years due to the rising use of cloud, third-party services, the Internet of Things and cyber-physical systems.1 And 69% have been compromised via unknown, unmanaged, or poorly managed internet-facing asset in the past year.1

“Our clients today are faced with managing a complex technology landscape of accelerating cyberattacks targeted at applications running across a variety of hybrid cloud environments – from public clouds, private clouds and on-premises,” said Mary O’Brien, General Manager, IBM Security. “In this environment, it is essential for organizations to arm themselves with attacker’s perspective in order to help find their most critical blind spots and focus their efforts on areas that will minimize business disruption and damages to revenue and reputation.”

Randori is IBM’s fourth acquisition in 2022 as the company continues to bolster its hybrid cloud and AI skills and capabilities, including in cybersecurity. IBM has acquired more than 20 companies since Arvind Krishna became CEO in April 2020.

Assuming the Role of Attackers

Randori is a hacker led company, with software to help security teams discover gaps, assess risks, and improve their security posture over time by delivering an authentic attack experience at scale. Designed to help security teams zero in on previously unknown exposure points, Randori’s unique attack surface management solution takes into account the logic of an adversary based on real-world attacks – and is the only one to prioritize based on level of risk as well as the attractiveness of an asset to potential attackers using their proprietary scoring system.

Their unique approach has led to the development of a cloud native solution that provides better prioritization of vulnerabilities and reduces noise by focusing on customers’ unique attack surface. By simply entering an email domain, Randori will begin mapping a customer’s attack surface, helping to identify shadow IT risks and potential entry points for ransomware. Headquartered in Waltham, MA, with offices in Denver, CO, Randori is backed by Accomplice, .406 Ventures, Harmony Partners and Legion Capital. Financial terms were not disclosed. The transaction is expected to close in next few months, subject to customary closing conditions and any required regulatory reviews.

“We started Randori to ensure every organization has access to the attacker’s perspective,” said Brian Hazzard, Co-Founder & CEO at Randori. “To stay ahead of today’s threats, you need to know what’s exposed and how attackers view your environment – that’s exactly what Randori provides. By joining forces with IBM, we can greatly accelerate this vision and strategy – leveraging IBM’s deep expertise in AI, threat intelligence, offensive security and global reach. Together, we can arm the industry with the attacker’s perspective – helping to give every organization the visibility and insight needed to get in front of the next wave of attacks.”

Upon close of the acquisition, IBM plans to integrate Randori’s attack surface management software with the extended detection and response (XDR) capabilities of IBM Security QRadar. By feeding insights from Randori into QRadar XDR, security teams will be able to leverage real-time attack surface visibility for intelligent alert triage, threat hunting, and incident response. This can help eliminate the need for customers to manually monitor new critical applications and respond quickly when new issues or emerging threats arise on their perimeter.

Randori also provides businesses with a solution that uniquely combines attack surface management with continuous automated red teaming (CART) to stress test defenses and incident response teams. Upon close, IBM will leverage Randori to compliment X-Force Red’s elite hacker lead offensive security services while further enriching QRadar XDR detection and response capabilities. This will allow more global customers to benefit from a top-tier attack experience that helps uncover where organizations are most vulnerable. Randori insights will also be leveraged by IBM’s Managed Security Services to help improve threat detection for thousands of clients.

For more information on Randori and IBM please visit this IBM Security Intelligence blog.

About Randori
Randori is your trusted adversary. Recognized as a leader in offensive security, Randori combines attack surface management (ASM) and continuous automated red reaming (CART) in a single unified platform to provide a continuous, proactive, and authentic offensive security experience. Relied upon by Meijer, Greenhill Inc, FirstBank, NOV, Lionbridge and many more, Randori helps companies stay one step ahead of attackers by continuously discovering what’s exposed and validating risks as they arise. Discover your true attack surface today at www.Randori.com

About IBM Security
IBM Security offers one of the most advanced and integrated portfolios of enterprise security products and services. The portfolio, supported by world-renowned IBM Security X-Force® research, enables organizations to effectively manage risk and defend against emerging threats. IBM operates one of the world’s broadest security research, development and delivery organizations, monitors 150 billion+ security events per day in more than 130 countries, and has been granted more than 10,000 security patents worldwide. For more information, please check www.ibm.com/security, follow @IBMSecurity on Twitter or visit the IBM Security Intelligence blog.

1 ESG: Security Hygiene & Posture Management Survey, 2021

SOURCE IBM

Filed Under: Cybersecurity Market

Primary Sidebar

Market Analysis

The Growing Tin Market: Prospects for Future Demand and Sustainability
Prospects for the Growing Lithium Market in the Coming Years
DevOps and Agile: Integrating Development and Operations
China’s Use of Golden Shares: From Reducing State Role to Quietly Controlling Tech Giants
Why Amazon Acquired One Medical: Disrupting the Healthcare Industry with Technology-Enabled Care
The End of an Era: Why China is No Longer Viable as the World’s Factory
Cloudflare’s FedRAMP authorization opens up a huge market opportunity in the US government sector

Market Research Media

How plunging birthrates threaten national economies
Agile Leadership: Leading Agile Teams for Success
Chinese Brands Reach New Heights of Popularity in the West Amid Growing Political Tensions
Unrestricted Streaming: How VPNs Can Enhance Media Consumption Experience
How the world’s biggest companies have built and defended their moats
Virtual Learning Environments: A Game-Changer in Education?
Streaming video, training, and gaming coming together to form a cohesive and diverse media and entertainment ecosystem

Secondary Sidebar

Technologies

Hydrogen Technology: The Key to a Sustainable Future for the Cruise and Shipping Industries
Regenerative Finance: Shifting Towards Sustainable and Equitable Financial Systems
Why Arm Ltd May Build Its Own Semiconductor
Dragonfly Announces New Kubernetes Operator for In-Memory Datastore for Simplified Operations and Increased Performance
Cosmic Crops Return: Seeds Sent to Space to Develop Resilient Crops for a Warming World

Venture Capital

African Venture Investment Soars to Record High, Fueled by Tech Startups
Pitchly Secures $7 Million Series A Funding for SaaS-Based Data Enablement Solution
Agile Project Management: Roles and Responsibilities
Candidly, a student debt and savings optimization platform, has raised $20.5 million in a Series B round of financing
GameTech Startups Attracting Venture Capital Funding: The Importance of VPN Security

Footer

Recent Posts

  • Game On: Navigating the Wild World of Gaming Cybersecurity
  • Analyzing VPN Security Vulnerabilities: Risks and Best Practices
  • Infosec & Cybersecurity Congress 2023 UAE, March 28th-29th, 2023, Habtoor Grand Resort, Dubai
  • Boosting Cybersecurity: The Many Ways AI Can Help
  • Darktrace: A Cybersecurity Firm Under Scrutiny by Short Sellers
  • ESG Software: The Future of Sustainable IT Operations
  • Cyber attacks are becoming more frequent and sophisticated
  • The Future of Cybersecurity: 5 Trends to Watch
  • The Importance of Cybersecurity in the Digital Age
  • The next RSA Conference is scheduled to take place from Monday, April 24th to Thursday, April 27th, 2023

S3H

Introduction to Agile Software Development
Understanding Agile Manifesto and Principles
Mastering Agile: A Hands-on Workshop on Agile Software Development
Differences between Agile and Waterfall methodologies
Implementing Agile in Large Organizations

Blockchaining

Global Venture Funding for Blockchain and Crypto Companies Hit Record $26.8B in 2022, But Declined in Later Quarters
Unlocking the Power of Engagement: Exploring the Connection between Gamification and Blockchaining
Building a Decentralized VPN Using Blockchain Technology
Exploring the Latest Innovations in Blockchain and Crypto: A Report from the European Blockchain Convention 2023
Cryptocurrency has become a global phenomenon with a market capitalization of almost $3 trillion at its peak in November 2021

App Coding

Viral App Ideas to Code for Massive User Engagement
Common Pitfalls in Agile Development and How to Avoid Them
How Much Does It Cost to Build a FinTech App?
The annual GameTech Market 2023 is back and better than ever!
Appy Pie Introduces AI App Generator to Expedite App Development Process

API Coding

Building More Resilient APIs through Negative Testing
API governance is essential for ensuring the secure and reliable use of APIs
How to re-write a legacy API
How to Build API in Next.js
API Hub for Business Allowing Companies to Launch Custom Hubs in Minutes

Copyright © 2022 CybersecurityMarket.com

Technologies, Market Analysis & Market Research

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT