Palo Alto Networks to acquire Israel-based Secdo

In an effort to provide endpoint detection and response capabilities, US-based security firm Palo Alto Networks has inked a deal to acquire Israel-based cyber security company Secdo for an undisclosed sum.

The acquisition brings Secdo's sophisticated endpoint detection and response (EDR) capabilities -- including data collection and visualisation -- to Palo Alto Networks "Traps" advanced endpoint protection and the Application Framework.

"With Secdo's EDR capabilities as part of our platform, we will accelerate our ability to detect and prevent successful cyberattacks across the cloud, endpoint, and network," Mark McLaughlin, Chairman and CEO of Palo Alto Networks, said in a statement.

Secdo's team of engineers will complement the deep security expertise and innovation inside the Palo Alto Networks research and development organisation.

Once integrated with "Traps" and the Palo Alto Networks platform, the rich set of data will feed into the logging service and give applications running in the Palo Alto Networks Application Framework greater precision to detect and stop cyberattacks.

The acquisition is expected to close during Palo Alto Networks fiscal third quarter.

"The combined capabilities of Secdo and Palo Alto Networks will provide customers the capabilities they need to swiftly and accurately detect and respond to cyberattacks," added Shai Morag, Co-founder and CEO of Secdo.

Indian IT major Tata Consultancy Services (TCS) recently joined hands with Palo Alto Networks to announce the availability of "Public Cloud security services".

This will help enterprises securely migrate applications and data to the public cloud.

--IANS

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