XM Cyber, a leading hybrid cloud security company announced acquisition of Cyber Observer a constant end-to-end cybersecurity posture management platform. This is XM Cyber’s latest growth milestone in a year in which the company has significantly increased its leadership position in the cybersecurity industry.
Noam Erez, co-founder, and CEO, XM Cyber said, “Even as awareness of cybersecurity risk continues to grow, attackers are thriving and routinely exploiting attack paths that can be used to move laterally through an enterprise network. Our goal is to give security teams the ability to easily understand and correct their security posture on a continuous basis, including weaknesses, exposures, and compensating security controls across the full internal and external attack surface covering on-prem, cloud, and SaaS systems. This acquisition is not an isolated event, but just the latest step in our strategy to provide the most comprehensive and proactive security posture management platform on the market.”
Organizations are changing faster than ever, owing to increased regulation, competition, and customer expectations. By combining XM Cyber’s market-leading attack path management with Cyber Observer’s continuous control monitoring, security teams will be able to see both their cyber exposures as well as how their existing security controls and detection and response tools can react to these threats at any given moment, reflecting the true risk to the business.
The Cyber Observer platform will be integrated into XM Cyber’s, providing a unified, continuous view of the vulnerabilities and exposures that put critical assets at risk, as well as the security control gaps that fail to prevent attacks. It will also automate compliance validation and reporting for key standards such as ISO, NIST, GDPR, SWIFT, and PCI.
Shimon Becker, co-founder, and CEO, of Cyber Observer said, “Cyber Observer’s patented continuous control monitoring capabilities are a perfect complement to XM Cyber’s award-winning hybrid cloud security platform. We are excited about this opportunity and look forward to working with the XM Cyber team to deliver the first end-to-end continuous cyber security posture management solution supporting both cloud and on-premises coverage.”