Cybersecurity firm ZeroFOX Inc. acquired dark web intelligence research firm Vigilante ATI Inc. for an undisclosed sum.
As part of the deal, Vigilante’s team will join ZeroFox, integrating its capabilities into the company’s platform for detecting threats on social media and on digital channels.
With this acquisition, ZeroFOX will add Vigilante’s global team of analysts to enable access to unique data sets and exotic threat research that it claims is “unattainable by any other provider.” The company also said the acquisition will help the industry to understand public attack surface exposure and protect organisations on the dark web at an even greater scale.
Vigilante offers business-focused security monitoring solutions through a combination of consulting, managed services and threat intelligence. The company specialises in threat intelligence on the dark web and supports threat hunting and cyber persona cultivation in the underground economy.
The company’s main product, Vigilant, offers risk-sensitive organizations the ability to use advanced automation to better detect and act on threats to their business. Along with managing compliance with security regulations and policies and gaining the insight needed to prioritize investments and resource assignments, Vigilante enables companies to extend their use of information technology to achieve their objectives.
Vigilante co-founder Mike Kirschner said, “The combination of our otherwise inaccessible datasets, our team of researchers and operatives, along with ZeroFox’s scale and artificial intelligence, now powers the industry’s only truly complete dark web intelligence service.”
As a result of pandemic-fueled cybercrime, Risk Based Security said in its recent annual data breach report that the number of comprised records surpassed 37 billion in 2020, a 141% increase over 2019, and ransomware was up by 100%.
Commenting on the deal ZeroFox CEO James C. Foster said, “The dark web and criminal underground are critical requirements of modern threat intelligence programs. Our customers need a clear view of the underground economy, how bots may be attacking them or if their credentials, credit cards, personally identifiable information and other information could be traded there, as well as understanding emerging tactics, exploits and vulnerabilities.”
It’s the second acquisition for ZeroFox in a year that’s focused on threat intelligence. The Federal Hill-based company previously acquired Cyveillance from Reston, Virginia-based Lookingglass Cyber Solutions, bringing the company’s team to more than 400 people.
ZeroFOX has gathered multiple rounds of funding. It raised $154.2m to date from investors that include Redline Capital, Hercules Capital, New Enterprise Associates, Highland Capital Partners, Intel Capital and Core Capital. ZeroFOX’s last venture capital round was $74m in February 2020.
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