Flare, a Montreal, Canada-based threat exposure management company, acquired Foretrace, a Howard County, MD-based data exposure company.
The amount of the deal was not disclosed.
Foretrace protects important and sensitive data via its Threat Exposure Management platform that leverages its Total ReconTM detection engine to replicate adversarial techniques to give users early warning to their exposures before the breach can occur.
Foretrace’s technology enables improved correlation and contextualization of threat exposure data with generative AI systems trained to provide assistance for users in threat investigations. Adding these improvements to Flare’s platform – which combines the coverage of previously siloed technology solutions such as cyber threat intelligence, attack surface management, and digital risk protection – promises to deliver enhanced outcomes for customers looking to build out TEM programs.
As part of the deal, Flare also announced that Foretrace founding executives Nick Ascoli and Matt Mosley will be joining the company as Senior Product Strategist and VP of Strategic Partnerships respectively.
Led by Norman Menz, CEO, Flare is a threat exposure management company delivering AI-driven solutions that provide comprehensive, real-time threat analysis and remediation. With its technology, it offers a proactive approach to cybersecurity, scanning the online world, including the clear and dark web, to identify, prioritize, and address potential threats swiftly and efficiently.
FinSMEs
27/03/2024