IBM set to snap up early-stage CyberTech Randori

Technology giant IBM has revealed it is planning to acquire attack surface management startup Randori for an undisclosed fee.

Founded in 2018, Randori platform unifies Attack Surface Management and Continuous Automated Red Teaming to provide enterprises the visibility, actionable insights and validation they need to proactively prevent breaches.

IBM claims it plans to fit that technology into its own products and add Randori’s automation and skills to its IBM X-Force offensive cybersecurity team.

According to IBM, the company is positioning the latest acquisition as an advancement of its hybrid cloud strategy and a beefing up of its portfolio of AI-powered cybersecurity products and services.

Once the deal closes, IBM claims it plans to embed Randori’s attack surface management software with the extended detection and response capabilities of IBM Security QRadar.

The plan, the firm claims, is to feed offensive security insights from Randori into QRadar XDR to give security teams tooling for real-time attack surface visibility, intelligent alert triage, threat hunting and incident response.

Financial terms of the deal were not disclosed.

IBM Security general manager Mary O’Brien said, “Our clients today are faced with managing a complex technology landscape of accelerating cyberattacks targeted at applications running across a variety of hybrid cloud environments – from public clouds, private clouds and on-premises.

“In this environment, it is essential for organizations to arm themselves with the attacker’s perspective in order to help find their most critical blind spots and focus their efforts on areas that will minimize business disruption and damages to revenue and reputation.”

Copyright © 2022 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.