IBM acquires offensive security startup Randori to bolster its cybersecurity toolkit

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IBM announced the acquisition of Randori, a Boston-based offensive safety a startup that combines attack surface management (ASM) with continuous automatic information disclosure (CART) to help organizations strengthen their cyber defenses.

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Financial terms of the deal were not disclosed, but data from Crunchbase shows Randori is priced in a range. $50 to $100 million. The hacker-led startup has raised nearly $30 million in two funding rounds, the latest being a $20 million Series A investment led by Harmony Partners in April 2020.

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ASM – continuous discovery, inventory, classification and monitoring of a company’s IT infrastructure – is becoming a necessity for organizations of any size. The number of potential impact points in hybrid cloud operating environments is growing exponentially as a result of the pandemic-driven transition to remote and hybrid workerWith IBM data shows that 67% of organizations have expanded their surface to external attack over the past two years due to increased use of cloud services, third-party services, and Internet of Things (IoT) devices. The same data shows that 69% were compromised by unknown, unmanaged or poorly managed internet assets in the past year.

Randori, founded in 2018 by a former Black carbon CEO and former Red Team consultant, is committed to helping organizations continually identify external assets, both on-premises and in the cloud, that are visible to attackers. Randori Recon provides organizations with an ongoing assessment of the attack surface from an attacker’s perspective, while a startup attack platform gives security teams an understanding of “hacker logic”—for example, understanding how they plan, target, and execute attacks—by automating real attacks to determine where security software breaks.

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“We launched Randori so that every organization has access to the attacker’s point of view,” said Brian Hazzard, co-founder and CEO of Randori. “To stay ahead of today’s threats, you need to know what’s at risk and how attackers see your environment – that’s exactly what Randori provides.”

The IBM Randori acquisition is another sign of the company’s ongoing transition from its legacy business to AI-powered cloud software and cybersecurity services, which it recently bolstered with its takeover of its endpoint security platform. REAKTA. Through its latest acquisition, the company – considered the world’s second-largest cybersecurity provider after Microsoft, will integrate Randori’s advanced detection and response (XDR) attack surface management software of its IBM Security QRadar suite, allowing security teams to exploit the attack surface in real time. visibility.

Randori CART technology, which enables security professionals to stress-test defenses, will also be used to strengthen the capabilities of the IBM X Force Red offensive security services team, while Randori analytics will be used by IBM Managed Security Services to improve threat detection for thousands of customers.

“If we’re going to outmaneuver attackers, we need to start acting like them, constantly automating their latest techniques. Randori gives us that capability and also further enhances the offensive security skills we offer with our elite team of hackers at X-Force Red,” Kevin Skapinets, vice president of strategy and business development at IBM Security, told TechCrunch. “Randori offers a hackish approach to ASM that is truly unique and helps companies view their risks in the same way as an attacker. Their prioritization takes into account not only the level of risk of the vulnerability, but also the attractiveness of the asset to potential attackers, based on real working attacks and popular targets and methods used by modern attackers.”

IBM says it expects the deal, which marks the company’s fourth acquisition in 2022, to close in the next few months, subject to regulatory approval.


Credit: techcrunch.com /

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