Latest news with #ZscalerExposureManagement
Yahoo
28-05-2025
- Business
- Yahoo
Zscaler to acquire Red Canary
IT security company Zscaler has agreed to acquire Red Canary, a managed detection and response (MDR) provider. Financial terms of the deal have not been disclosed. The acquisition aims to transform security operations (SecOps) by integrating Red Canary's rapid threat investigation capabilities with Zscaler's extensive data and AI-driven workflows, Zscaler said. Red Canary helps in streamlining security workflows through automated remediation. Zscaler CEO, chairman, and founder Jay Chaudhry 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 Exchange 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 intends to integrate Red Canary's strengths with its own data assets and global intelligence from its ThreatLabz Security Research team to establish a unified Security Operations Center powered by both AI and human insight. Currently protecting close to 45% of Fortune 500 companies, Zscaler operates a large-scale cloud security platform that handles over 500bn transactions daily. The company has used this data foundation to develop AI-driven solutions such as Zscaler Digital Experience and Zscaler Exposure Management. Zscaler said the acquisition aims to address operational challenges in threat detection, including missed signals and incomplete analyses. By combining their respective technologies and expertise, Zscaler and Red Canary plan to offer improved threat triage, investigation, and response capabilities. Red Canary CEO Brian Beyer said: 'For over ten years, we've protected our customers by combining high-fidelity signals with agentic AI, behavioural 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 behaviour while enabling faster innovation across the board.' Subject to standard regulatory approvals and other customary conditions, the deal is expected to close in August 2025. "Zscaler to acquire Red Canary" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Channel Post MEA
28-05-2025
- Business
- Channel Post MEA
Zscaler Acquires MDR Specialist Red Canary
Zscaler has signed a definitive agreement to acquire Red Canary, a provider of 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 faster 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 Exchange 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. 0 0
