Cyber risk management vendor Bitsight is boosting its threat intelligence capabilities with the planned $115 million acquisition of startup Cybersixgill, the latest deal in what has been an active cybersecurity M&A environment.
Boston-based Bitsight on Thursday announced it signed a definitive agreement to buy the 10-year-old Israeli company, which scours the darkest parts of the internet – including deep web forums and markets, invitation-only messaging groups, code repositories, and clear web platforms – analyzes the data it collects, and then reports its insights out to its customers and partners.
Bitsight’s platform monitors and analyzes publicly available data like threat intelligence feeds, network scans, and public records to create a broad picture of an organization’s security posture. Organizations are given a numerical security rating so they can assess and manage their own level of cyber risk and find areas and steps for improvement.
Both companies work with MSSPs, who, through the acquisition, will have a single platform to offer organizations that will incorporate a broader array of data from a much wider range of sources to give them a fuller picture of the…
