Latest news with #ZeroTrustExchangeTM
Techday NZ
29-05-2025
- Business
- Techday NZ
Zscaler to acquire Red Canary to boost AI-powered security ops
Zscaler has agreed to acquire Managed Detection and Response provider Red Canary as part of an expansion of its AI-powered security operations capabilities. Zscaler stated that Red Canary's decade-long expertise in security operations enables customers to investigate threats up to ten times faster with 99.6% accuracy, aided by streamlined workflows and automated remediation. This acquisition will bring Red Canary's threat detection and response across endpoints, identity, network, and cloud workloads together with Zscaler's Zero Trust Exchange Platform and Data Fabric. The companies said the combination will form a unified Security Operations Center with agentic AI that fuses AI-driven workflows and human expertise. According to Zscaler, the move is intended to help security teams improve the speed and efficiency in detecting, triaging, investigating, and responding to threats, while aiming to reduce missed signals and incomplete threat analysis that can leave organisations vulnerable. Jay Chaudhry, CEO, Chairman, and Founder of Zscaler, said: "With our innovative AI-powered risk management services like Risk360 and the acquired data fabric technology from Avalor, we are disrupting legacy security operations just like we did with our Zero Trust ExchangeTM platform. The proposed acquisition of Red Canary is a natural expansion of our capabilities into managed detection and response and threat intelligence to accelerate our vision of AI-powered SOC of the future. By integrating Red Canary with Zscaler, we will deliver to our customers the power of a fully integrated Zero Trust platform and AI-powered security operations." Zscaler reported that it provides protection to nearly 45% of the Fortune 500, running a cloud security platform that processes more than 500 billion daily transactions. Over its 15-year history, the company has developed AI-driven solutions leveraging a comprehensive dataset, such as Zscaler Digital Experience (ZDX) and Zscaler Exposure Management. Red Canary has been recognised for its contributions to managed detection and response, being named a Leader in the Forrester Wave: Managed Detection and Response for the third year running and featured in the Gartner Market Guide for MDR for the past seven years. Within security operations centres, Red Canary's technology helps automate remediation workflows, improving efficiency in response processes. Zscaler described the transaction as uniquely positioned to address operational pain points linked to missed signals and increased vulnerability from undetected threats. The companies expect that their combined platforms and expertise will provide organisations with the tools to address current cyber security challenges more confidently and with precise response capabilities. Brian Beyer, CEO of Red Canary, commented: "For over 10 years, we've protected our customers by combining high-fidelity signals with agentic AI, behavioral analytics, and global threat intelligence—delivering fast, accurate, and high-quality threat detection and response. As part of Zscaler, we will elevate how IT and security teams address the rapidly shifting threat landscape with the strength of our combined technology and expertise. Zscaler's global scale and reach provide the resources and granular data needed to fuel advanced AI, threat intelligence, and detection engineering, giving us a broader view of adversary behavior while enabling faster innovation across the board. Both companies share a relentless commitment to quality, execution, and delivering exceptional outcomes for our customers." The completion of the acquisition remains subject to customary closing conditions and regulatory approvals. The companies anticipate closing the transaction in August 2025.
Yahoo
27-05-2025
- Business
- Yahoo
Zscaler to Accelerate Innovation in AI-Powered Security Operations with Acquisition of Red Canary
The Foundation Built from the Zscaler Zero Trust Exchange Platform and Data Fabric Together with Red Canary's Threat Detection and Response Capabilities Will Transform Security Operations with Agentic AI SAN JOSE, Calif., May 27, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced it has signed a definitive agreement to acquire Red Canary, a recognized leader in Managed Detection and Response (MDR). With over 10 years of expertise in security operations (SecOps), Red Canary has enabled its extensive customer base to investigate threats up to 10 times faster1 with 99.6% accuracy, while streamlining workflows through automated remediation. Combined with Zscaler's massive amounts of high-quality data—derived from the world's largest security cloud—and global intelligence from its ThreatLabz Security Research team, the combination will deliver a unified, agentic Security Operations Center (SOC) that combines AI-driven workflows with human expertise. These complementary capabilities will redefine how businesses detect, respond to, and mitigate modern cyber threats. 'With our innovative AI-powered risk management services like Risk360 and the acquired data fabric technology from Avalor, we are disrupting legacy security operations just like we did with our Zero Trust ExchangeTM platform,' said Jay Chaudhry, CEO, Chairman, and Founder of Zscaler. 'The proposed acquisition of Red Canary is a natural expansion of our capabilities into managed detection and response and threat intelligence to accelerate our vision of AI-powered SOC of the future. By integrating Red Canary with Zscaler, we will deliver to our customers the power of a fully integrated Zero Trust platform and AI-powered security operations.' Protecting nearly 45% of the Fortune 500 organizations, Zscaler has established over 15 years of leadership operating the world's largest cloud security platform which processes over 500 billion daily transactions. It has leveraged its massive, high-quality data lake to accelerate the development of advanced AI-driven solutions, like Zscaler Digital Experience (ZDX) and Zscaler Exposure Management. A proven innovator in MDR, Red Canary has been recognized as a Leader in the Forrester Wave™: Managed Detection and Response for the third consecutive year and featured in the Gartner® Market Guide for MDR for the seventh year in a row. Within the SOC, Red Canary plays a crucial role by helping security teams automate remediation workflows, resulting in greater efficiency and improved security outcomes. By bringing together Zscaler's AI-powered Zero Trust platform with Red Canary's domain expertise in threat detection and response—spanning endpoints, identity, network, and cloud workloads—this transaction is uniquely positioned to address the operator pain points that often lead to missed signals, incomplete threat analysis, and increased vulnerability to undetected threats. The integration of Zscaler and Red Canary will better enable security teams to detect, triage, investigate, and respond to threats with greater speed and efficiency, helping organizations confidently and precisely tackle modern security challenges. 'For over 10 years, we've protected our customers by combining high-fidelity signals with agentic AI, behavioral analytics, and global threat intelligence—delivering fast, accurate, and high-quality threat detection and response,' said Brian Beyer, CEO of Red Canary. 'As part of Zscaler, we will elevate how IT and security teams address the rapidly shifting threat landscape with the strength of our combined technology and expertise. Zscaler's global scale and reach provide the resources and granular data needed to fuel advanced AI, threat intelligence, and detection engineering, giving us a broader view of adversary behavior while enabling faster innovation across the board. Both companies share a relentless commitment to quality, execution, and delivering exceptional outcomes for our customers.' The acquisition is subject to customary closing conditions, including regulatory approvals, and is expected to close in August 2025. ________________1 10x faster on average compared to traditional security approaches Forward-Looking Statements This press release contains forward-looking statements that are based on our management's beliefs and assumptions and on information currently available to our management. These forward-looking statements include the expected benefits and impacts of the proposed acquisition. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. A significant number of factors could cause actual results to differ materially from statements made in this press release, including those factors related to our ability to successfully integrate Red Canary technology into our cloud platform and our ability to retain key employees of Red Canary after the acquisition. Additional risks and uncertainties are set forth in our most recent Annual Report on Form 10-Q filed with the Securities and Exchange Commission ('SEC') on March 10, 2025, which is available on our website at and on the SEC's website at Any forward-looking statements in this release are based on the limited information currently available to Zscaler as of the date hereof, which is subject to change, and Zscaler will not necessarily update the information, even if new information becomes available in the future. About Zscaler Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange is the world's largest in-line cloud security platform. Zscaler™ and the other trademarks listed at are either (i) registered trademarks or service marks or (ii) trademarks or service marks of Zscaler, Inc. in the United States and/or other countries. Any other trademarks are the properties of their respective owners. Media Contact:Pavel Raddapress@ Investor Relations Contact:Ashwin Kesireddyir@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
