Google buys cybersecurity firm Mandiant for $5.4B
The two firms are set to ship an end-to-end safety operations suite and advisory companies for patrons.
Supplied by Google
In a transfer to supply an end-to-end safety operations suite from its cloud platform, Google has introduced it should purchase cyberdefense and response firm Mandiant for $5.4 billion, in a deal anticipated to shut later this 12 months.
The acquisition will complement Google Cloud’s current safety companies and collectively, the businesses will ship a safety operations suite in addition to advisory companies that assist prospects tackle essential safety challenges and keep protected at each stage of the safety lifecycle, Mandiant stated in a press launch.
The firm not too long ago introduced a brand new Ransomware Defense Validation service for its SaaS-based XDR (prolonged detection and response) platform, Mandiant Advantage, to assist enterprises gauge the power of their safety programs to protect in opposition to ransomware assaults.
“This is an opportunity to deliver an end-to-end security operations suite and extend one of the best consulting organizations in the world,” said Google Cloud CEO Thomas Kurian, in the press release.
Mandiant gained significant recognition 2020 after discovering the infamous SolarWinds hack, orchestrated by a Russian group who were able to break into the networks of SolarWinds and covertly alter the code in one of its IT management software update packages.
This resulted in resulted in backdoor malware being pushed out to thousands of companies that relied on SolarWinds management products, and as a result both private enterprise and government networks were targeted for further network intrusions.
“Cyber security is a mission, and we believe it’s one of the most important of our generation. Google Cloud shares our mission-driven culture to bring security to every organization,” stated Mandiant CEO Kevin Mandia, within the launch. “Together, we will deliver our expertise and intelligence at scale via the Mandiant Advantage SaaS platform, as part of the Google Cloud security portfolio.”
Yesterday, The Information reported that Google was in talks with Mandiant a few potential deal to bolster Google’s cloud computing arm. However, it was thought that Microsoft have been additionally thinking about a possible buy-out of the consultancy firm.