Intelligent Tech Channels Issue 52 - Page 59

MARKET MOVEMENT
Sophos Acquires SOC . OS to Advance Managed Threat Response and Extended Detection and Response Capabilities
Joe Levy , Chief Technology and Product Officer , Sophos

Sophos , a global provider of nextgeneration cybersecurity , has announced that it has acquired SOC . OS , an innovator of a cloud-based security alert investigation and triage automation solution .

With SOC . OS , Sophos plans to advance its managed threat response ( MTR ) and extended detection and response ( XDR ) solutions for organisations of all sizes .
“ Sophos MTR is one of the fastestgrowing new offerings in the company ’ s history . We now stand as one of the largest managed detection and response ( MDR ) operations in the world , delivering superior security outcomes through an MTR service with more than 8,000 customers . The top enhancement request from these customers is ‘ better integrations with existing security environments ,’ and with the innovative technology from SOC . OS , we will be able to do just that – seamlessly integrate Sophos ’ MTR and XDR solutions within their current set of security and IT solutions ,” said Joe Levy , Chief Technology and Product Officer , Sophos . “ SOC . OS will also provide our Adaptive Cybersecurity Ecosystem with a broader set of third-party telemetry , so security analysts have better visibility into important events and alerts . SOC . OS has an impressive list of integrations that will benefit Sophos customers as we continue to expand and develop industry-leading XDR and MDR capabilities . We ’ re very excited to bring the team and technology from SOC . OS onboard .”
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Tenable agrees to acquire Bit Discovery

Tenable Holdings Inc , a cyber exposure solutions company , has announced that it has signed an agreement to acquire Bit Discovery , a maker of external attack surface management ( EASM ) solutions .

Under the terms of the agreement , Tenable will acquire Bit Discovery for a total purchase price of US $ 44.5 million in cash , subject to customary purchase price adjustments . The acquisition is expected to close later in the second quarter of 2022 .
“ Whatever is visible on the Internet is very likely to be the first target and the hardest thing for organisations to continuously see and assess . We believe attack surface management is vital to modern cybersecurity and an integral part of our vulnerability and cyber exposure solutions ,” said Glen Pendley , Chief Technology Officer , Tenable . “ We are seamlessly combining previously disjointed insights and empowering security practitioners to eliminate blind spots and easily understand their cyber exposure in ways previously not possible .”
Jeremiah Grossman , CEO and Co-founder , Bit Discovery , added : “ Bit Discovery ’ s founding mission is to help enterprises identify their Internet-facing attack surface area and continually monitor and manage their exposure . Joining Tenable will give us the ability to instantly reach 40,000 global customers , accelerating our vision in ways that would have otherwise been impossible . This capability combined with the insights provided by Tenable ’ s solutions is a compelling chance to change the market .” •
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