It seems that the Redmond giant is still on the lookout for possible acquisitions. Despite major purchases such as Zenimax Online and Nuance, there are still opportunities for small acquisitions by Microsoft. In this case, Microsoft looked at RiskIQ, a company related to cybersecurity.
RiskIQ will improve Microsoft’s cybersecurity
About a month ago, we told you about the acquisition of ReFirm Labs, which provides tools to help protect the Internet of Things (IoT) and connected devices. The acquisition powered the company’s Azure Defender for IoT platform to help customers defend against sophisticated attacks.
Today, the software giant appears to be expanding its portfolio of security services with another acquisition. According to reports from Bloomberg, Microsoft was to acquire RiskIQ, a cybersecurity company that offers protection against various forms of threats through software as a service (SaaS). The acquisition price would be $ 500 million and would strengthen an area of great interest today.
According to the RiskIQ website, its security service is powered by a global Internet intelligence chart that “has mapped the billions of relationships between Internet components that belong to every organization, business and threat actor on Earth.” RiskIQ counts among its clients some of the largest companies in the world, such as Facebook, BMW and American Express. Now the acquisition of this company has been confirmed on the website of the cybersecurity company.
Microsoft has also strengthened its cybersecurity offer for businesses. This includes high-risk entities such as political organizations, journalists and human rights defenders with the expansion of AccountGuard to 31 countries in March. Two months later, he introduced Counterfit, an automation tool designed to automate security testing of an organization’s AI systems. With this acquisition, Microsoft further reinforces a critical issue today.