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February 13, 2014

Why two security firms are better than one

Companies merge and raise $38.25m to fuel explosive growth as enterprises race to protect themselves.

By Duncan Macrae

Bit9, a specialist in advanced threat protection for endpoints and servers, has merged with Carbon Black, a next-generation security company.

The combined entity, which retains the Bit9 name, claims to be the only company that prevents and detects advanced threats on endpoints and servers and provides incident response in seconds.

Bit9 has raised $38.25 million to fuel the combined companies’ explosive growth as businesses race to protect themselves against the ever-increasing damage from advanced attacks.

Management described the security firms as "highly complementary" and together it is hoped they will bring enterprise customers a level of security they cannot get from any other vendor.

Carbon Black, founded by offensive security and incident response experts, provides organisations with incident response without the need to engage expensive outside consultants. By combining Bit9’s endpoint/server advanced threat prevention solution with Carbon Black’s solution, Bit9 said it can offer organisations an unprecedented ability to detect and stop cyber threats and respond to incidents — all in real time.

Patrick Morley, Bit9 president and CEO, said: "Every enterprise endpoint and server is a defenceless blind spot for advanced threats.

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"Traditional defences such as antivirus can’t detect or stop stealthy attacks orchestrated by malicious actors, or help companies respond to incidents, which has been painfully underlined by the recent high-profile intrusions into leading retailers.

"The combination of Bit9 and Carbon Black satisfies all of these needs. Because Carbon Black’s lightweight endpoint sensor can be rapidly deployed with no configuration, organisations can now have continuous surveillance of all of their computers. And they can stop advanced threats by using Bit9’s signature-less prevention technology, which can be customized to meet the needs of different users and systems."

Every organisation, big or small, must add prevention and surveillance capabilities to all of their computers or they risk becoming the next victim of a costly attack, Morley added.

"The combination of Bit9 and Carbon Black leapfrogs the rest of the market, as we are the only company that empowers security teams to immediately prevent, detect and respond to advanced attacks on their endpoints and servers."

Mike Viscuso, CEO of Carbon Black, commented: "In today’s environment, organisations simply can’t afford to call expensive incident response companies every time they suspect they have a breach. Carbon Black was built by talented, offensive-minded, security experts who understand every facet of the response process. The result of that expertise is a product that has enabled companies to respond to incidents in seconds. By integrating the best technologies for prevention, detection and response, Bit9 and Carbon Black are addressing the full lifecycle of endpoint security."

 

 

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