Microsoft revealed RiskIQ will be added to its list of the subsidiary workforce — the software company intends to integrate RiskIQ’s security authentication with its default security system. RiskIQ is a cybersecurity company that offers threat intelligence and cloud-based security software as a service.
Still, Microsoft is yet to disclose the term of the agreement in acquiring the cybersecurity company. While Bloomberg reported the software company is willing to pay more than $500 million in cash to own RiskIQ.
The need for improved security system protocol to match with the current working ecosystem that influences both hybrid and remote workers under the same workspace. As usual, Microsoft will channel RiskIQ’s specialty in scouring the web, mapping out details about websites and networks, domain name records, certificates, and other information.
For contrast, RiskIQ utilizes the “WHOIS” kind of data to bypass third-party firewall — its cybersecurity networks can access any assets, device, or services outside its firewall. Several companies have consulted their services to manoeuvre malicious actors by locking their assets and other essentials via RiskIQ’s security system.
It worth noting that Microsoft’s sole purpose in acquiring the cybersecurity company is to top up its security scheme. The software company is expected to experience a different angle of managing comprehensive threats aiming for its entire workforce and its customers as well.
For instance, Microsoft has encountered series of cyberattacks directly, while other attacks were directed to its customers via its supply chain which has been at risk overtime. As it stands, RiskIQ’s acquisition depicts Microsoft’s priority in resolving several cyberattacks it had encountered, including SolarWind and the thousands of compromised customer services, Synnex recently got hacked under Microsoft’s watch, and Kaseya also got hit too.
“RiskIQ helps customers discover and assess the security of their entire enterprise attack surface — in the Microsoft cloud, AWS, other clouds, on-premises, and from their supply chain.” RiskIQ’s vice president, Eric Doerr, noted his company aims at providing unmatched internet visibility to heighten its security program.
“With more than a decade of experience scanning and analyzing the internet, RiskIQ can help enterprises identify and remediate vulnerable assets before an attacker can capitalize on them,” Doerr said.
Microsoft and RiskIQ’s integration depicts world-class “protection, investigations, and response against today’s threats.” Whereby, the DoD recently dissolved “JEDI” — a cybersecurity initiative that was directed by Microsoft and Redmond, because of Microsoft’s incompetence.
TechBooky is aware this acquisition by Microsoft is expected to bolster their chance to direct the new joint vendor security Program dubbed “JWCC” alongside Amazon. The software company claimed they needed to upgrade to modern cyber tech to counter malicious threats, with zero chance of data breach.