SentinelOne, a leading provider of AI-based enterprise security solutions, has recently revealed its plans to acquire PingSafe, a specialized application security firm, in an undisclosed cash and stock deal.
The primary goal behind this strategic move is the seamless integration of PingSafe's Cloud Native Application Protection Platform technology into SentinelOne's Singularity Platform.
This integration aims to redefine cloud security technology by incorporating advanced AI and analytics capabilities, thereby enhancing protection for cloud workloads.
With the surge in cloud adoption, customers often grapple with managing complexities stemming from various point solutions and data silos.
PingSafe's CNAPP offers a comprehensive solution by facilitating the monitoring of multiple cloud workloads with easy setup, configuration, and minimal false positives.
This approach ensures cyber hygiene across the entire cloud footprint.
The amalgamation of PingSafe into SentinelOne signifies a unified security approach, empowering organizations to manage their attack surface more effectively.
Through automation-driven real-time detection, analysis, and thwarting, the integrated platform will play a pivotal role in mitigating multistage attacks.
According to sources within SentinelOne, the acquisition of PingSafe, headquartered in Bengaluru, is anticipated to conclude by the first quarter of 2025.
The timeline accounts for the necessary regulatory approvals and customary closing conditions that the deal must undergo.
The CNAPP technology, integral to this acquisition, proves instrumental in enhancing security protocols within data centers serving cloud customers.
Its continuous monitoring of workloads in serverless environments, Kubernetes clusters, and other cloud environments enables swift detection and alerts administrators about misconfigurations, code vulnerabilities, and potential security breaches, thereby fortifying defenses against data breaches.
This Cyber News was published on www.cybersecurity-insiders.com. Publication date: Thu, 04 Jan 2024 16:13:04 +0000