Broadcom, Symantec Enterprise Acquire Cybersecurity Analytics Firm

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Broadcom, parent of the Symantec enterprise business, has acquired cyber risk analytics software provider Bay Dynamics, according to Silicon Valley Business Journal. Financial terms were not disclosed.

Bay Dynamics competes in the User and Entity Behavior Analytics (UEBA) security software market. UEBA is a process to detect insider threats, targeted attacks and financial fraud, according to Gartner. UEBA solutions look at patterns of human behavior, and then apply algorithms and statistical analysis to detect meaningful anomalies from those patterns—anomalies that indicate potential threats, Wikipedia says.

With those goals in mind, Bay Dynamics develops risk fabric software that allows customers to “rapidly identify leading threats to your organization’s protected information through automatic prioritization and clear visualization of those users and entities that represent risks,” the company says.

Bay Dynamics software integrates with a lengthy list of security infrastructure, risk management and identity and access management (IAM) tools. Key partners include ArcSight, Atlassian, BitSight, CyberSponse, Forcepoint, IBM’s…

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