A global leader in broad, integrated and automated cybersecurity solutions Fortinet has acquired ZoneFox Limited, a cloud-based insider threat detection and response company headquartered in Edinburgh, Scotland.
The newly made acquisition will further help the Fortinet Security Fabric and strengthen Fortinet’s existing endpoint and SIEM security business by providing customers.
It will complement FortiClient endpoint security to ensure endpoint detection and response (EDR) capabilities and will expand FortiSIEM with additional user entity behavior analytics (UEBA) features, both on-premises and in the cloud.
The brand reveals that it expects the new endpoint security capabilities provided by ZoneFox to permit enterprise organisations in leveraging machine learning to detect anomalous behavior and provide an even swifter response to insider threats.
“Enterprise organizations are experiencing a dramatic increase in the number of endpoints and users accessing data and cloud resources, which is also increasing the need to defend against insider threats. In fact, 30 percent of breaches involved insiders acting negligently or maliciously according to the 2018 Verizon Data Breach Investigations Report,” said Ken Xie, Founder, Chairman of the board and Chief Executive Officer, Fortinet.
“By combining ZoneFox’s cloud-based threat-hunting technology with Fortinet’s existing endpoint and SIEM security offerings, we are well positioned to provide our customers with an integrated approach to defend against insider threats, eliminate network blind spots and protect today’s expanding attack surface with automation and machine learning,” said Xie.
“We’re pleased to join the Fortinet team and bring together our shared vision of alleviating CISO concerns about insider threats. Integrating our solution with the Fortinet Security Fabric will allow us to extend our reach to a broad spectrum of Fortinet and third-party solutions to solve customers’ most difficult challenges in network security,” said Dr. Jamie Graves, Chief Executive Officer and Founder, ZoneFox.