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Home News

Check Point to Acquire Cyberint for $200M

August 28, 2024
Reading Time: 2 mins read
in News
Check Point to Acquire Cyberint for $200M

Check Point Software Technologies is set to acquire Cyberint Technologies, an Israeli firm specializing in external risk management, in a deal expected to finalize by the end of 2024. The acquisition, valued at approximately $200 million, aims to enhance Check Point’s security operations and managed threat intelligence capabilities. Cyberint, established in 2010 and led by former Israeli intelligence executive Yochai Corem, brings extensive experience in threat intelligence, digital risk protection, and attack surface management to the table.

Cyberint’s technology focuses on mitigating risks from stolen credentials, fake websites, and social media impersonation—threats that are increasingly prevalent across organizations. The integration of Cyberint’s solutions into Check Point’s Infinity platform will enable more effective risk detection and mitigation, providing real-time intelligence and proactive defense strategies. Check Point’s Chief Services Officer, Sharon Schusheim, emphasized that this acquisition aligns with their vision of enhancing security operations and collaborating across security products.

Cyberint’s platform leverages artificial intelligence to streamline risk detection and reduce false positives, offering actionable intelligence within minutes of setup. The integration will not only enhance Check Point’s Security Operations Center (SOC) capabilities but also provide managed services that offer expert guidance in managing external risks. This acquisition reflects Check Point’s ongoing commitment to expanding its cybersecurity solutions and addressing a broad range of external threats.

The purchase of Cyberint follows Check Point’s earlier acquisitions, including the zero trust network access startup Perimeter 81 and SaaS security firm Atmosec. These strategic moves underscore Check Point’s focus on strengthening its cybersecurity portfolio and providing comprehensive protection against evolving cyber threats. With this acquisition, Check Point aims to offer more robust, unified threat management solutions, reinforcing its position as a leader in the cybersecurity industry.

Reference:

  • Check Point to Acquire Cyberint for Enhanced Threat Intelligence
Tags: acquisitionsAugust 2024Check PointCyber NewsCyber News 2024Cyber threatsCyberint TechnologiesIsraelSoftware
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