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Secdo

Company

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Owners

Secdo — the American company founded in 2014 specializing in technologies of information security support. The vendor proposes solutions for identification of threats and response to cyberincidents on end devices  (EDR).

By April 11, 2018 Secdo works 68 people, and the total quantity of the involved investments makes $10 million.

History

2018: Palo Alto Networks purchased Secdo

In April, 2018 the decision maker for cyber security of Palo Alto Networks which long time is in losses, announced purchase of Secdo for the purpose of improvement of opportunities of collecting and data visualization about cyberthreats. Thanks to this acquisition the products Palo Alto Networks will be able quicker to reveal and stop the hidden cyber attacks.

Palo Alto Networks purchased software developer for search of the hidden cyber attacks of Secdo

How many Palo Alto Networks will pay for merger of Secdo, is not specified. Other terms of agreement are also unknown. It is going to close the transaction until the end of April, 2018.

According to the statement of Palo Alto Networks, stream approach of Secdo to collecting and data visualization differs from traditional EDR methods when only general information about events therefore cybersecurity specialists should recover each step of the attack is fixed and to look for differences normal from malicious activity.

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Thanks to opportunities of EDR of Seco company within our platform we will accelerate detection and prevention of successful cyber attacks to a cloud, the end device and network — the CEO and the chairman of the board of directors of Palo Alto Networks  Mark McLaughlin said.
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Secdo technologies will be integrated with the system of protection Palo Alto Networks Traps thanks to what data from Secdo will come to service of maintaining magazines and will provide to the started applications big accuracy for display, identification and blocking of cyber attacks.

After the statement for purchase of Secdo of quotation Palo Alto Networks jumped by 1.87%, transfers the CRN edition.[1]

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