Fortinet acquired CyberSponse, Inc., a Security Orchestration, Automation & Response (SOAR) provider.
Today’s cyberthreat landscape is constantly evolving. Add on top of that, the increasing number of point security products adding to alert fatigue that exacerbates an already complex security operations environment is set against a cybersecurity skills shortage. To combat this complexity, enterprises and service providers seek to simplify their operations and maximize the efficiency of today’s security operations centers (SOCs) by consolidating and triaging alerts from a wide range of security products, automate the analysis and the repetitive tasks to save valuable resources, and leverage well-defined playbooks to enable real time incident response.
Gartner in their 2019 Market Guide for Security Orchestration, Automation and Response (SOAR) notes, SOAR tools significantly enhance security operations activities like threat detection and response by providing machine-powered assistance to human analysts to improve the efficiency and consistency of people and processes. Gartner also states, by year-end 2022, 30 percent of organizations with security teams larger than five people will leverage SOAR tools in their security operations, up from 5 percent in 2019.
“The growing number of security tools being deployed by enterprises have introduced operational complexities that make organizations more vulnerable to breaches,” said Ken Xie, founder and chief executive at Fortinet. “With the integration of CyberSponse’s powerful SOAR platform into the Fortinet Security Fabric, we will offer customers accelerated incident response and the ability to standardize and scale processes that will enhance security posture and reduce business risk and associated costs.”
“CyberSponse’s mission has always been to make security operations management effortless and effective with innovative yet disruptive technology,” said Joseph Loomis, founder and CSO at CyberSponse.
Terms of the deal were not disclosed.