- Check Point Software Technologies acquires Cyberint, an External Risk Management startup.
- The acquisition enhances Check Point’s Security Operations Center (SOC) capabilities.
- Cyberint’s solutions will integrate into the Check Point Infinity Platform.
- The integration includes managed threat intelligence services.
- Cyberint has grown rapidly since its founding in 2010, employing over 170 professionals.
- Cyberint specializes in threat intelligence, digital risk protection, and attack surface management.
- The transaction is expected to close by the end of 2024.
Main AI News:
Check Point Software Technologies (NASDAQ: CHKP), a leading force in cybersecurity, has announced a definitive agreement to acquire Cyberint, a dynamic startup known for its expertise in External Risk Management. This strategic move is poised to significantly elevate Check Point’s Security Operations Center (SOC) capabilities while broadening its managed threat intelligence services. Cyberint’s state-of-the-art solutions will be fully integrated into the Check Point Infinity Platform, enhancing collaborative threat prevention and also being made available as a managed service through the Check Point Infinity Platform Services.
Founded in 2010, Cyberint has rapidly expanded, employing over 170 professionals across the globe. The company was recognized as the ‘Company of the Year’ in 2023 by Frost & Sullivan in the External Risk Mitigation & Management category. As organizations increasingly grapple with critical security challenges such as stolen employee credentials, fake websites, and social media impersonations, Cyberint has emerged as a key player in threat intelligence, digital risk protection, and attack surface management. The company serves a diverse global clientele, including several Fortune 500 companies.
Cyberint’s platform offers comprehensive external risk management, enabling SOC teams to detect and neutralize threats like impersonating websites and social media accounts, recover stolen credentials, and protect against leaked data. The platform also empowers organizations to identify and prioritize vulnerabilities in their internet-facing assets, ensuring swift mitigation. With the ability to deliver actionable intelligence within just 20 minutes of setup, Cyberint equips security teams with the tools needed to respond to threats rapidly. AI drives the platform’s effectiveness in detecting risks, mitigating threats, and providing contextualized alerts with minimal false positives. Additionally, managed services are offered to further strengthen this approach, providing expert guidance and comprehensive management.
The transaction, pending customary closing conditions, is anticipated to close by the end of 2024.
Conclusion:
The acquisition of Cyberint by Check Point Software Technologies represents a strategic move to strengthen its market position in the cybersecurity sector. By integrating Cyberint’s advanced risk management and threat intelligence capabilities into its existing platform, Check Point is poised to offer more comprehensive security solutions to its global clientele. This move could set a precedent for further consolidation in the cybersecurity industry, as companies seek to enhance their offerings to meet the growing demand for robust and proactive security measures. The market can expect increased competition and innovation as other firms may follow suit, seeking to acquire specialized startups to bolster their security solutions.
