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Tuesday, May 7, 2024

Google Acquires Cybersecurity Firm Mandiant - Search Engine Journal

Last updated Tuesday, March 8, 2022 12:21 ET , Source: NewsService

Google Cloud announced it is acquiring cybersecurity firm Mandiant, a leader in proactive SaaS based security. The acquisition underscores the importance of security for all businesses, regardless of scale, as cybercrime increasingly affects all businesses.

The acquisition is all cash, valuing Mandiant at $23 per share in a deal worth 5.4 billion dollars.

Mandiant will become a part of Google Cloud once the deal receives requisite stockholder and regulatory approvals.

Cybersecurity is a Top Concern

While many businesses can operate for years with a little to no security and intrusion protection, it’s only a matter of time before those businesses are hacked and suffer from having their data stolen and held for ransom to having their online presence become part of a botnet numbering in the hundreds of thousands.

The modern world today is one where every site, no matter how small, is being probed and actively attacked. Even a little site with a handful of visitors per day is under attack.

Cloud services are increasingly ubiquitous. An attack on a service can impact businesses globally.

Google’s acquisition is a sign of how important cybersecurity is today.

Mandiant

Mandiant provides a SaaS security platform called Mandiant Advantage. Because it is SaaS it can be deployed rapidly as well as complement existing security protocols and processes.

Mandiant Advantage has five modules:

  1. Automated Defense
    Automated security analysis that responds fast before attackers have a chance...


Read Full Story: https://www.searchenginejournal.com/google-acquires-cybersecurity-firm-mandiant/441339/

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