Two major cybersecurity firms, Check Point Software Technologies Ltd. and Zscaler Inc., have announced the acquisitions of smaller companies to enhance their product lines. Both deals are part of a broader effort to stay ahead in the fast-evolving cybersecurity landscape. The financial terms of the acquisitions were not disclosed.
Check Point is acquiring Veriti Security Ltd., an Israeli startup that specializes in detecting system vulnerabilities. Meanwhile, Zscaler is purchasing Red Canary Inc., a U.S.-based provider of managed detection and response (MDR) services.
Check Point Acquires Veriti
Manually checking every device and application in a corporate network for security weaknesses can be time-consuming, often leading to delayed fixes and openings for cyberattacks. Veriti’s platform aims to solve this problem.
Veriti uses artificial intelligence to scan company systems for issues like outdated software and weak configurations. Unlike traditional tools, it doesn’t require the installation of software agents, making it easier for IT teams to manage.
The AI in Veriti’s platform also prioritizes threats based on how likely they are to be exploited and what business impact they could cause. This allows companies to focus on fixing the most urgent problems first.
In cases where a vulnerability can’t be fixed right away, Veriti offers a “virtual patch” tool. This tool blocks hackers from exploiting the flaw without needing to update the affected software immediately.
Check Point plans to complete the Veriti acquisition by the end of its second fiscal quarter. The technology will be added to Check Point’s Infinity platform, which allows customers to access multiple cybersecurity tools through a single subscription.
“We founded Veriti to help organizations not just see risk, but remediate it safely, at scale, and most importantly – without disruption,” said Adi Ikan, Veriti’s co-founder and CEO.
Zscaler Acquires Red Canary
Zscaler, which helps businesses secure their cloud infrastructure, is acquiring Red Canary, a Denver-based startup that has raised over $140 million in funding. Red Canary’s main service is MDR, which monitors a company’s systems for cyber threats and helps respond to them.
Zscaler serves nearly 45% of Fortune 500 companies and gathers large amounts of data on cyber threats. After the acquisition, this data will be used to improve Red Canary’s MDR services, making them faster and more accurate.
The acquisition is expected to close in August.
“Zscaler’s global scale and reach provide the resources and granular data needed to fuel advanced AI, threat intelligence and detection engineering,” said Brian Beyer, CEO of Red Canary. “This gives us a broader view of adversary behavior and allows us to innovate faster.”
