Proofpoint, a Sunnyvale, CA-based cybersecurity and compliance company, acquired Illusive, a New York-based provider of Identity Threat Detection and Response (ITDR) solutions.
The amount of the deal was not disclosed. The acquisition is expected to close by January 2023, subject to customary closing conditions.
With the acquisition, Proofpoint will enhance its threat and information protection platforms by adding proactive identity risk discovery and remediation as well as a defense capability, providing a unified solution that extends protection across the entire attack chain for critical threats like ransomware and data breaches.
Led by CEO Ofer Israeli, lllusive discovers and remediates privileged identity risks that are exploited in all ransomware and other cyberattacks. The platform helps security teams get visibility into the vulnerable identities sprawled across an organization’s endpoints and servers, eliminating them or deploying deception-based detection techniques as a compensating control to stop attackers. Illusive has participated in over 150 red team exercises and has never lost one.
Led by CEO Ashan Willy, Proofpoint is a cybersecurity and compliance company that protects organizations’ people. With an integrated suite of cloud-based solutions, the company helps companies around the world stop targeted threats, safeguard their data, and make their users more resilient against cyber attacks. Leading organizations of all sizes, including 75 percent of the Fortune 100, use Proofpoint for people-centric security and compliance solutions that mitigate their most critical risks across email, the cloud, social media, and the web.
FinSMEs
13/12/2022