Microsoft acquires cybersecurity company RiskIQ
have agreed to buy cybersecurity provider RiskIQ Inc., the companies said on Monday, a deal that would add to Microsoft’s portfolio of security services amid an increase in high-profile online attacks.
San Francisco-based RiskIQ, founded in 2009, helps businesses track their vulnerability to digital threats. It has become bigger and more complicated as companies move an increasing share of their work online, both to reach customers and to connect employees remotely, Eric Doerr, Microsoft’s chief security officer, said on Monday. in a blog post on the acquisition.
For companies that use cloud computing, “understanding all of their assets is increasingly critical to reducing their attack surface,” Doerr wrote.
Microsoft has not disclosed the terms of the agreement. Representatives for Microsoft and RiskIQ did not immediately respond to inquiries.
Internet vulnerabilities have aroused growing concern this year as examples proliferate of cyber attacks with far-reaching effects. In May, the 5,500-mile colonial pipeline, crucial to the east coast’s energy infrastructure, was temporarily shut down by its operator after a cyber attack, causing gasoline shortages in some locations.
A month later, the JBS meat processor HER
said he was the victim of a cyberattack that took part of his beef and pork processing offline, a shutdown that spilled over into the food supply chain.
Hospitals and municipal services have also been victims of recent cyber attacks in the United States, underscoring the threat they can pose to public safety. In a June interview with the Wall Street Journal, Federal Bureau of Investigation Director Christopher Wray said cyber attacks using ransomware have multiplied rapidly and prevention requires greater attention from both the public and private sectors.
“The threat landscape has never been more complex or challenging, and security has never been more critical to our customers,” Microsoft CEO Satya Nadella said on a conference call with analysts in April. “This is driving increased demand for our end-to-end identity, security, compliance and management capabilities. “
Mr. Doerr said the addition of RiskIQ will extend Microsoft’s existing security products for business customers, which include the security of Microsoft’s Azure cloud service and its 365 Defender software.
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