Rapid7, leading security analytics and automation company, announced the acquisition of IntSights Cyber Intelligence Ltd., a leader in contextualized external threat intelligence and proactive threat remediation. Rapid7 will pay around $335 million in cash and stock for IntSights.
Rapid7 will merge its community-infused threat intelligence and deep understanding of customer environments with IntSights’ external threat intelligence capabilities following the acquisition of IntSights. This combination is aimed at giving clients a unified view of threats, relevant insights, attack surface monitoring and proactive threat mitigation for businesses of any size or security maturity level. Rapid7’s industry-leading cloud-native extended detection and response (XDR) service, InsightIDR, is enhanced by this purchase, which enables high-quality, high-fidelity alerts for efficient security operations, early threat identification, and faster response times.
IntSights enables enterprises to get the full benefits of a threat intelligence program, regardless of its extent or sophistication, while also decreasing security professionals’ burden. Unlike many other threat intelligence systems on the market today, IntSights can help security operations teams achieve the productivity and outcomes they need by providing continuous coverage for external threats, from detection to mitigation to remediation.
Rapid7’s Insight Platform is almost total security operations platforms available today, with highest capacity in detection and response, vulnerability management, cloud security, application security, and security orchestration and automation. In addition to improving its XDR service and providing a standalone threat intelligence offering, the business plans to integrate IntSights’ external threat intelligence capabilities into its platform to enable faster threat detection and remediation across the organization’s complete solution offering. Foros worked as financial consultant to Rapid7.
“Cyber security is a lopsided battle today and the odds consistently favor attackers. Both IntSights and Rapid7 have a shared belief that organizations will succeed only when they have a unified view of internal and external threats, complete with contextualized intelligence and automated threat mitigation which will allow security teams to focus on the most critical threats. We look forward to working with IntSights to make this vision a reality for our customers,” said Corey Thomas, chairman and CEO, Rapid7.
“There’s no shortage of threat intelligence information available today, but much of it lacks context, creating too much alert noise and additional work for already overburdened security teams. By integrating IntSights’ external threat intelligence capabilities into Rapid7’s XDR solution, InsightIDR, we expect to provide security teams with expanded visibility and detections of internal and external threats across their traditional and modern environments—enabling them to quickly pivot into investigations, threat hunting and containment automation all within a unified experience,” said Richard Perkett, senior vice president of detection and response at Rapid7.
“We founded IntSights to make threat intelligence instantly accessible and actionable for organizations of any type or size. We are excited to join Rapid7 to continue this mission and to bring our threat intelligence capabilities to even more customers,” said Guy Nizan, co-founder and CEO at IntSights.
“With today’s sprawling attack surface and the sophistication level of threat actors, I can’t overstate the importance of a solid threat intelligence program. Threats can come from anywhere, which is why having visibility into your internal and external threat landscape is imperative. With the acquisition of IntSights, Rapid7 is well positioned to bridge the threat intelligence gap, giving customers the ability to identify real threats earlier and accelerate response and automate remediation,” commented Jon Oltsik, senior principal analyst and fellow at the Enterprise Strategy Group (ESG).