HelpSystems
announced today the acquisition of Digital Defense, a leader in vulnerability management and
threat assessment solutions. Digital Defense's cloud-native vulnerability
scanning engine gives organizations in healthcare, legal, financial services,
and other industries the ability to proactively detect infrastructure security
gaps and take effective remediation steps to safeguard against internal and
external cyberthreats. As part of HelpSystems' cybersecurity portfolio, Digital
Defense joins Core Security and Cobalt
Strike to
establish a comprehensive, best-in-class security assessment toolkit.
"Every day we
have customers who want to know what they can do to strengthen their security
postures and protect their employees, customers, and sensitive information from
malicious actors," said Kate Bolseth, CEO, HelpSystems. "The addition of
Digital Defense offers threat-weary IT teams the capabilities they need to
increase infrastructure security on two fronts: via leading-edge vulnerability
management technology as well as seasoned pen testing resources to broaden our
existing expertise. We are so happy to welcome the team and the award-winning
products they've developed to HelpSystems."
The Digital
Defense platforms encompass enterprise security needs across penetration
testing, employee training, cybersecurity defense, enterprise risk assessment,
and physical security testing. The vulnerability scanning engine is noteworthy
for its ability to enable pen-testers to focus their efforts on identified
issues rather than blindly testing the network. For companies that lack the
internal bandwidth or expertise necessary to carry out this critical function,
Digital Defense's team of US-based pen testers is a trusted resource to conduct
the tests.
"Digital
Defense will continue to protect the ever-expanding IT underpinnings of
thousands of organizations as part of HelpSystems," said Larry Hurtado,
President and CEO, Digital Defense. "This powerful combination not only enables
our customers to take advantage of HelpSystems' broad security and automation
solutions, but it also gives us more horsepower to continue to advance how
organizations around the world understand and address information
security."
KPMG Corporate Finance LLC ("KPMG CF")
acted as exclusive investment banking advisor to Digital Defense, and Norton
Rose Fulbright was the exclusive legal advisor to Digital Defense.