RiskIQ

A digital threat management provider that detects, explores, and eliminates threats associated with the digital presence of organizations

Products and Services

RiskIQ solutions help you understand the scale of the organization's digital attack surface and reduce operational and reputational risks through monitoring and inventory of Internet assets. Built-in workflows and active automated analytics help optimize resources and improve company performance. Cyber intelligence integrates into security systems and provides accurate information about external threats and incidents of brand abuse, while the time to detect and eliminate suspicious activity is significantly reduced. In addition, RiskIQ solutions can identify partners of an organization with which cooperation carries potential cyber risks.

History

2021: Microsoft bought RiskIQ

On July 12, 2021, Microsoft announced the acquisition of RiskIQ, but did not name the value of the transaction. Bloomberg, citing its informant, reports that we are talking about an amount exceeding $500 million.

Buying RiskIQ will help Microsoft expand information security mechanisms in its products. In June 2021, Microsoft announced that the corporation employs about 3,500 specialists in the field, who have one common goal - to help customers protect everything "from chips to clouds."

Microsoft bought a developer of technology for cyber intelligence for $0.5 billion

Microsoft's decision to buy RiskIQ was also influenced by increased hacking and the spread of ransomware viruses, the press release said. Microsoft  added that this deal will help the corporation's customers cope with the unique risks posed by  remote work  and the use of cloud technologies amid the "growing complexity and frequency of cyber attacks."

Large companies such as Facebook, BMW and American Express use RiskIQ products. In its history, which began in 2009, the RiskIQ raised a total of $83 million (Crunchbase data by July 2021). According to RiskIQ 's own data, the manufacturer supplies technology to 30% of Fortune 500 companies, and the total customer base exceeds 6 thousand organizations around the world.

We join Microsoft to expand and accelerate our reach and impact. We are more committed than ever to our mission.  We will work closely with our customers as we integrate additional data and solutions RiskIQ with the Microsoft Security portfolio to provide a best-in-class solution for tracking the perimeter of an attack, detecting threats and responding to them, "said Elias Manousos, founder and CEO of RiskIQ[1]

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