Cybersecurity Firm SentinelOne Buys Identity Firm Attivo Networks for $616.5M

Business News News March 16th 2022

SentinelOne is a cybersecurity platform provider which has now acquired identity security company Attivo Networks. SentinelOne’s AI is powered to provide services like prevention, protection, and response capabilities that are now extended to identity-based attacks, raising the bar for XDR and speeding business zero trust adoption.

SentinelOne will pay $616.5 million in the form of cash and shares to purchase Attivo Networks under the terms of the signed deal. The deal is scheduled for the second quarter of SentinelOne’s fiscal year, which is subject to regulatory approval and other standard closing conditions.

Attivo Networks have customers from all over the world and they also protect Fortune 500 organizations to government agencies from all types of identity thefts, privilege escalation, and lateral movement threats. The company is known for the Identity Detection and Response (IDR) experts, which offer innovative protection against identity compromises, privilege escalation, and lateral movement assault. Attivo Networks provide the highest visibility into security exposures and attack pathways. Its products prevent and derail attack escalation efforts across endpoints, Active Directory, and cloud environments.

Nicholas Warner, Chief Operating Officer (COO) at SentinelOne said, the company’s shift to hybrid work and increased cloud adoption has established identity as the new perimeter, that highlights the importance of visibility into user activity. Identity Threat Detection and Response (ITDR), is the missing link between holistic XDR and zero trust strategies. Our motive is simple, that is to just protect organizations from threats at every stage of the attack lifecycle.

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Identity Threat Detection and Response (ITDR) :

SentinelOne and Attivo Networks are collaborating to provide complete identity security as a part of the Singularity XDR for autonomous protection, which includes :

Identity Threat Detection and Response: It’s an identity suite by Attivo that provides comprehensive protection, detection, and the reaction of threats. It supports conditional access and zeroes trust cybersecurity by protecting against data cloaking, identity closure, and more in real-time. 

Identity Infrastructure Assessment – It is Attivo’s identity assessment tool. It enables identity-focused attack surface reduction by providing quick Active Directory visibility of misconfiguration, suspicious password, unwanted access, etc.

Identity Cyber Deception – It is Attivo’s network and cloud-based deception suite that helps to identify identity threats. Organizations can save a lot of time, as this allows them to discover and analyze the misdirecting attacks, halt attacks, insider threats without compromising organizational assets.

Tushar Kothari, CEO at Attivo Networks said, we are very excited and thrilled to join SentinelOne, the leader of XDR. Attivo’s solutions are perfect for organizations that will improve their security posture. Tomer Weingarten, CEO at SentinelOne said, the acquisition of Attivo focuses on defining and delivering the autonomous XDR. We are ready to identify the fusses and detect the threats together. 

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