IBM has revealed plans to acquire Randori to help advance its hybrid cloud strategy and strengthen its portfolio of AI-powered cybersecurity products and services.
Randori is a hacker-led attack surface management (ASM) and offensive cybersecurity provider based in the Boston area that helps its clients continuously identify external facing assets, both on-premise or in the cloud, that are visible to attackers – and prioritize exposures that pose the greatest risk.
Research conducted by ESG Global looking into recent data breaches has shown that, despite increased investment, companies continue to struggle with ASM. 67 percent of organizations surveyed saw their external attack surface expand over the past two years due to the rising use of cloud, third-party services, the Internet of Things and cyber-physical systems. 69 percent reported they have been compromised via unknown, unmanaged, or poorly managed internet-facing assets in the past year.
Mary O’Brien, general manager of IBM Security, said: “Our clients today are faced with managing a complex technology landscape of accelerating cyberattacks targeted at applications running across a variety of hybrid cloud environments – from public clouds, private clouds and on-premises. In this environment, it is essential for organizations to arm themselves with the attacker’s perspective to help find their most critical blind spots and focus their efforts on areas that will minimize business disruption and damages to revenue and reputation.”
Brian Hazzard, co-founder and CEO at Randori, said: “We started Randori to ensure every organization has access to the attacker’s perspective. To stay ahead of today’s threats, you need to know what’s exposed and how attackers view your environment – that’s exactly what Randori provides. By joining forces with IBM, we can greatly accelerate this vision and strategy – leveraging IBM’s deep expertise in AI, threat intelligence, offensive security and global reach. Together, we can arm the industry with the attacker’s perspective – helping to give every organization the visibility and insight needed to get in front of the next wave of attacks.”
Randori is IBM’s fourth acquisition in 2022 as the company continues to bolster its hybrid cloud and AI skills and capabilities, including in cybersecurity. IBM has acquired more than 20 companies since Arvind Krishna became CEO in April 2020.