June 27, 2022
The acquisition extends XM Cyber’s attack path management platform.
The purchase marks the latest growth milestone for XM Cyber, which was acquired by Schwartz Group last November. Since then, XM Cyber has extended its portfolio of solutions, expanded its workforce globally, and increased its customer base.
XM Cyber isn’t saying how much it paid for Cyber Observer.
XM Cyber will integrate Cyber Observer’s platform into its platform. Security teams then can see their cyber exposures. They can also see how their existing security controls, and detection and response tools can react to these threats.
It will also automate compliance validation and reporting for key standards like NIST and GDPR.
Latest Step in XM Cyber’s Strategy
Noam Erez is XM Cyber’s CEO.
XM Cyber’s Noam Erez
“Our goal is to give security teams the ability to easily understand and correct their security posture on a continuous basis, including weaknesses, exposures and compensating security controls across the full internal and external attack surface covering on-premises, cloud and SaaS systems,” he said. “This acquisition is not an isolated event, but just the latest step in our strategy to provide the most comprehensive and proactive security posture management platform on the market.”
Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.
Shimon Becker is Cyber Observer’s founder and CEO.
Cyber Observer’s Shimon Becker
“Cyber Observer’s patented continuous control monitoring capabilities are a perfect complement to XM Cyber’s award-winning hybrid cloud security platform,” he said. “We are excited about this opportunity and look forward to working with the XM Cyber team to deliver the first end-to-end continuous cyber security posture management solution supporting both cloud and on-premises coverage.”
Last month, XM Cyber announced a new security capability for Microsoft’s Active Directory (AD). With this new capability, enterprises gain end-to-end attack path visualization for understanding and prioritized remediation of all weaknesses before an attack can take place.
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