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LogPoint completes acquisition of SecBI and added native SOAR to its core SIEM offering

LogPoint, a worldwide leader in cybersecurity, announced that the acquisition process of Tel Aviv-based SecBI is completed. LogPoint’s native integration with SecBI’s SOAR and XDR universal SOAR and XDR technology will create a foundational Security Operations platform. In December, SOAR and LogPoint 7.0 will be available together as a bundle.

“With the tidal wave of cyberattacks threatening businesses and societies across the globe, a disruption of the way organizations respond to cybersecurity incidents is required,” said Jesper Zerlang, CEO LogPoint. “Building on LogPoint SIEM and UEBA to effectively detect threats, orchestration and automation of the response to incidents is key to advancing cybersecurity. Consequently, SOAR will be a capability included in LogPoint to advance foundational cybersecurity.”

In addition, all current and future LogPoint clients will be able to use SOAR in their security operations with the release of LogPoint 7.0, automating repetitive tasks and orchestrating threat remediation workflows, as well as facilitating autonomous investigation, prioritisation and execution of playbooks to minimize human involvement and speed up response time. Clients will be able to use SOAR as part of their LogPoint Core SIEM license.

“LogPoint SOAR has been in production with select customers over the past few months and we’re thrilled with the overwhelmingly positive feedback that analysts have more confidence that incidents are dealt with appropriately thanks to the automatic playbooks. Our customers have reported a significant decrease in the time it takes to detect and respond to a phishing email – down from three hours with manual processes to 10 minutes with automated LogPoint SOAR playbooks,” said Christian Have, CTO, LogPoint.

“SOAR is not only about coping with the increasing number of cybersecurity incidents. By including SOAR in the LogPoint SIEM solution, we will enable organizations of all sizes, especially companies that do not have a fully-staffed 24/7 Security Operations Center (SOC), to establish proper and relevant incident-handling processes and dramatically increase quality and speed in their response capabilities. It also helps those organizations assess the efficiency of new cybersecurity tools and measures,” said Have.

“Already a strong SIEM player in Europe, LogPoint’s new SOAR and XDR offerings, combined with its own notable TDIR advancements, position the vendor to compete globally for a growing share of enterprise customers.”