IBM acquires attack surface management startup Randori
IBM acquires security startup Randori. It makes attack surface management software that allows companies to continuously map out where the weak spots are in their security. With the acquisition, IBM wants to strengthen its X-Force team with red team security.
IBM takes over the company for an undisclosed amount. According to TechCrunch Randori would be worth between $50 and $100 million. Two years ago, the company raised $20 million in an investment round. Randori is a start-up founded by ethical hackers. The company makes software that allows companies to map their attack surface. These are all points in an organization where an attacker can enter. According to IBM, managing and inventorying such attack surfaces is becoming increasingly important as companies increasingly switch to cloud working and increasingly use Iot equipment. This increases the number of applications that attackers can enter.
According to IBM, 69 percent of all companies have been attacked in this way in the past year. IBM says it plans to merge Randori and Security QRadar software. QRadar XDR users can then use data collected via Randori to better map out where their risks lie. In addition, Randori has a software package that performs continuous automated red teaming or CART, or the testing of security in incident response teams within an organization. The people who work there will come under IBM’s X-Force security team. It is now doing incident response for customers itself. IBM’s Managed Security Services program will also use Randori’s data.