SentinelOne to Buy Attivo Networks for $616.5 Million

<p><strong>MOUNTAIN VIEW<&sol;strong> &&num;8212&semi; Cybersecurity company <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fsentinelone&period;com&percnt;2F&amp&semi;esheet&equals;52596563&amp&semi;newsitemid&equals;20220315005546&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;SentinelOne&amp&semi;index&equals;1&amp&semi;md5&equals;601e3a20db6d07a23db48c114d4d2359" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">SentinelOne<&sol;a> has agreed to acquire Attivo Networks&comma; a leading identity security and lateral movement protection company based in Fremont&period;<&sol;p>&NewLine;<p>SentinelOne will acquire Attivo Networks in a cash and stock transaction valued at &dollar;616&period;5 million&period; The acquisition is expected to close in SentinelOne’s upcoming fiscal second quarter&period;<&sol;p>&NewLine;<p>With this deal&comma; SentinelOne extends its AI-powered prevention&comma; detection&comma; and response capabilities to identity-based threats&comma; setting the standard for XDR &lpar;extended detection and response<b>&rpar; <&sol;b>and accelerating enterprise zero trust adoption&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The shift to hybrid work and increased cloud adoption has established identity as the new perimeter&comma; highlighting the importance of visibility into user activity&period; Identity Threat Detection and Response &lpar;ITDR&rpar; is the missing link in holistic XDR and zero trust strategies&comma;” said Nicholas Warner&comma; COO&comma; SentinelOne&period; &OpenCurlyDoubleQuote;Our Attivo acquisition is a natural platform progression for protecting organizations from threats at every stage of the attack lifecycle&period;”<&sol;p>&NewLine;<p>According to Gartner&comma; &OpenCurlyDoubleQuote;misused credentials are now the top technique used in breaches&period;”<&sol;p>&NewLine;<p>Attackers are targeting identity and access management gaps to gain a foothold within trusted environments and advance laterally in pursuit of high-value targets&period; &OpenCurlyDoubleQuote;In our breach response engagements&comma; Active Directory and identity-based attacks are too common&comma;” said Ed Goings&comma; National Leader&comma; Cyber Response Services&comma; KPMG&period; &OpenCurlyDoubleQuote;Attackers are aware that AD is the crown jewel of the enterprise &&num;8211&semi; controlling end user entitlement&comma; access&comma; and privileges&period; Unauthorized AD access grants bad actors the ability to install backdoors&comma; exfiltrate data&comma; and change security policies&period; I’m excited about Singularity XDR now encompassing identity threat detection and response&period;”<&sol;p>&NewLine;<p>Attivo Networks serves global customers from leading Fortune 500 companies to government entities&comma; protecting against identity compromise&comma; privilege escalation&comma; and lateral movement attacks&period; Together&comma; SentinelOne and Attivo Networks will deliver comprehensive identity security as part of <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;sentinelone&period;com&percnt;2Fplatform&percnt;2F&amp&semi;esheet&equals;52596563&amp&semi;newsitemid&equals;20220315005546&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Singularity&plus;XDR&amp&semi;index&equals;3&amp&semi;md5&equals;7bf2ae4b2867524bef86d7542c2c71db" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Singularity XDR<&sol;a> for autonomous protection including&colon;<&sol;p>&NewLine;<ul class&equals;"bwlistdisc">&NewLine;<li><b>Identity Threat Detection and Response&colon; <&sol;b>Attivo’s identity suite delivers holistic prevention&comma; detection&comma; and response&period; It protects in real time against credential theft&comma; privilege escalation&comma; lateral movement&comma; data cloaking&comma; identity exposure&comma; and more supporting conditional access and zero trust cybersecurity&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<ul class&equals;"bwlistdisc">&NewLine;<li><b>Identity Infrastructure Assessment&colon; <&sol;b>Attivo’s identity assessment tool provides instant Active Directory visibility of misconfigurations&comma; suspicious password and account changes&comma; credential exposures&comma; unauthorized access&comma; and more enabling identity-focused attack surface reduction&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<ul class&equals;"bwlistdisc">&NewLine;<li><b>Identity Cyber Deception&colon; <&sol;b>Attivo’s network and cloud-based deception suite lures attackers into revealing themselves&period; Through misdirection of the attack with tactics including breadcrumbs and decoy accounts&comma; files and IPs&comma; organizations gain the advantage of time to detect&comma; analyze&comma; and stop attackers and insider threats without impacting enterprise assets&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>&OpenCurlyDoubleQuote;We are thrilled to join SentinelOne&comma; the category leader in XDR&period; Attivo’s solutions are a perfect complement&comma; as an XDR with identity protection significantly improves organizational security posture&comma;” said Tushar Kothari&comma; CEO&comma; Attivo Networks&period; &OpenCurlyDoubleQuote;As the threat landscape evolves&comma; identity remains the central nervous system of the enterprise&period; Combined with the power of SentinelOne’s autonomous XDR&comma; we’ll bring real-time identity threat detection and response to the front lines of cyberdefense&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The acquisition of Attivo Networks continues our commitment to defining and delivering autonomous XDR&comma;” said Tomer Weingarten&comma; CEO&comma; SentinelOne&period; &OpenCurlyDoubleQuote;Identity fuses together all enterprise assets&comma; and I see identity threat detection and response as an integral part of our XDR vision&period; Attivo Networks is the right technology and team to advance our portfolio&comma; complementing our hypergrowth and accelerating enterprise zero trust adoption&period;”<&sol;p>&NewLine;

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