IBM buys Randori as cloud cybersecurity battle intensifies
Summary
“In this environment, it is essential for organisations to arm themselves with attacker’s perspective in order to help find their most critical blind spots and focus their efforts on areas that will minimize business disruption and damages to revenue and reputation.” What does Randori do? This is apparently a growing problem, and IBM points to research published in January which found that 67% of organisations have seen their external attack surface expand over the past two years due to the rising use of cloud services, third-party software, IoT devices and cyber physical systems. “To stay ahead of today’s threats, you need to know what’s exposed and how attackers view your environment,” said Brian Hazzard, co-founder and CEO at Randori. “Together, we can arm the industry with the attacker’s perspective – helping to give every organisation the visibility and insight needed to get in front of the next wave of attacks.” The acquisition is IBM’s fourth of 2022 as it continues to build its cloud capabilities to match its stated strategy of growing the company’s revenues through what it describes as hybrid-cloud services. While AWS has been less active, CEO Adam Selipsky said in an interview with Bloomberg in April that the company is looking to make acquisitions, with security one area where it could strengthen its portfolio.
