BitSight Technologies, Inc. announced an agreement Thursday to acquire the cyber threat intelligence firm Cybersixgill for $115 million. Bitsight, a more than decade-old security rating company, aims to use the real-time intelligence collected by the Tel Aviv-based data firm to mitigate customer supply chain threats. Cybersixgill, formed in 2014 and formerly called Sixgill, looks at data from the deep and clear web, including chat groups, as wel…

CyberScoop

Bitsight acquires Cybersixgill for $115 million

More consolidation is afoot in the world of cybersecurity. BitSight, a cybersecurity startup last valued at $2.4 billion when ratings firm Moody’s took a majority stake in the business in 2021, is acquiring Cybersixgill for $115 million. Boston-based BitSight’s focus is cyber risk management. It works with enterprises to assess their risk profiles and specifically […] © 2024 TechCrunch. All rights reserved. For personal use only.

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BitSight buys dark web security specialist Cybersixgill for $115M

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BitSight, the cybersecurity startup last valued at $2.4B, acquires Cybersixgill, which gathers threat intelligence data from the dark web, for $115M

More consolidation is afoot in the world of cybersecurity. BitSight, a cybersecurity startup last valued at $2.4 billion when ratings firm Moody’s took a majority stake in the business in 2021, is acquiring Cybersixgill for $115 million.
Boston-based BitSight’s focus is cyber risk management. It…

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More consolidation is afoot in the world of cybersecurity. Bitsight, a cybersecurity startup last valued at $2.4 billion when ratings firm Moody’s took a stake in the business and became its largest shareholder in 2021, is acquiring Cybersixgill for $115 million. Boston-based Bitsight’s focus is cyber risk management. It works with enterprises to assess their […] © 2024 TechCrunch. All rights reserved. For personal use only. 
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IT Security News - cybersecurity, infosecurity news

Bitsight buys dark web security specialist Cybersixgill for $115M

Bitsight Technologies Inc. has inked a $115 million deal to buy Cybersixgill Inc., a fellow cybersecurity startup that collects information about hacker activities. The companies announced the acquisition today. Boston-based Bitsight is backed by about $400 million in venture funding. It raised the bulk of that sum, $250 million, from credit ratings agency Moody’s Corp. […] The post Bitsight acquires threat intelligence provider Cybersixgill for…

SiliconANGLE

Bitsight acquires threat intelligence provider Cybersixgill for $115M - SiliconANGLE

Bitsight announced it has signed a definitive agreement to acquire Cybersixgill, a global cyber threat intelligence (CTI) data provider. Together, Bitsight and Cybersixgill will provide visibility into an organization’s external attack surface, supply chain, and the threats targeting it. As a result, security leaders can proactively identify, prioritize, and mitigate risk across their first and third party environments. With cyber attacks on the…

Help Net Security

Bitsight acquires Cybersixgill to help organizations manage cyber exposure - Help Net Security

In a significant move to bolster its cybersecurity portfolio, Bitsight, a leading cybersecurity startup based in Massachusetts, has officially announced its acquisition of Cybersixgill, an Israeli-based dark web security specialist, for $115 million. This deal marks a key step in Bitsight’s strategy of market consolidation within the cybersecurity sector, as both companies have been leveraging artificial intelligence (AI) in recent years to enha…

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Bitsight acquires Cybersixgill for $115 Million

AI is evolving at a rapid pace, and the uptake of Generative AI (GenAI) is revolutionising the way humans interact and leverage this technology. GenAI is

Bitsight acquires Cybersixgill for $115 million

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