Bitdefender announced it has
completed its acquisition of Singapore-based Horangi Cyber Security. The
acquisition expands the attack surface monitoring capabilities of
Bitdefender's product and services portfolio and allows business
customers worldwide to overcome a broader range of cybersecurity
challenges, including misconfiguration and vulnerability detection,
governance, and compliance across hybrid and multi-cloud environments.
"As multi-cloud adoption rapidly grows across all industries,
organizations face an unprecedented struggle to efficiently manage
thousands of configuration settings, permissions, identities, and
entitlements to remain secure and compliant," said Florin Talpes,
co-founder and CEO of Bitdefender. "The acquisition of Horangi enables
Bitdefender to help customers address these struggles head on and is a
significant milestone in our security solution strategy, paving the way
for continuing innovation."
Bitdefender is enriching its GravityZone
unified risk and security analytics platform with Horangi's
leading-edge Cloud Infrastructure Entitlement Management (CIEM) and
Cloud Security Posture Management (CSPM) solutions. This provides
Bitdefender business customers, managed service provider (MSP) and
channel partners with critical cloud security governance and compliance
capabilities in addition to market leading threat prevention,
protection, attack detection, and incident response.
"We are seeing strong interest from organizations looking to consolidate
their modern endpoint security and multi-cloud infrastructure security
controls, driven by an increased need of comprehensive attack surface
monitoring triggered by the adoption and reliance on cloud
infrastructure and cloud-native microservices to digitally transform and
support their businesses," said Michael Suby, research vice president,
security and trust at IDC. "The acquisition of Horangi helps Bitdefender
bolster its GravityZone platform with critical adjacent product and
services that position the company well for future growth as more
organizations look to adopt these technologies and increase their cyber
resilience."
In a recent independent global survey
of 400 IT and cybersecurity professionals, extending cybersecurity
capabilities across environments (on-premises, cloud, hybrid) and the
complexity of security solutions are their top challenges (both at 43%),
followed closely by a lack of necessary security skill sets (36%). The
addition of Horangi's capabilities to the Bitdefender portfolio will
empower customers to successfully address these challenges.
The acquisition of Horangi also brings with it a world class
cybersecurity services practice, including an expert team of
CREST-certified security analysts, penetration testers, red teams, and
security consultants. The Horangi services portfolio will complement and
extend Bitdefender's Managed Detection & Response
(MDR) services, adding to an already elite team of advanced
cybersecurity practitioners who detect, validate, and stop attacks in
real-time (24X7) for business customers across the globe.
"This is an exciting new chapter for Horangi," said Paul Hadjy,
co-founder and CEO of Horangi Cyber Security. "Our strategic initiative
with Bitdefender aligns perfectly with our founding vision for the
company - to protect businesses from cybercrime. Together, there are
enormous opportunities ahead for our business and for our customers."