Cyber-security company, FireEye, has bought iSIGHT for $US200m cash.
As part of the takeover, FireEye said it’s existing customer base can expect immediate value in their existing subscriptions through increased protection from the iSIGHT intelligence network that will feed core threat intelligence into the Dynamic Threat Intelligence ( DTI) ecosystem that is refreshed every 60 minutes.
The company also plans to add new intelligence subscription models to enable products to be specifically tailored for various organisation’s specific threat profile.
FireEye chairman and chief executive, David DeWalt, claimed the acquisition extends the company’s intelligence lead with an offering no one else in the industry can match.
“The biggest mistake most people make is thinking threat intelligence is a collection of virus definitions in a shared database. Forward-looking security organisations from governments to the private sector, know threat intelligence is the key to establishing a robust security posture tuned for the threats targeting each organisation,” he said.
iSIGHT founder and chief executive, John Watters, said that until now, only governments and large enterprises have been able to achieve intelligence-led security.
“We’re bringing iSIGHT together with intelligence teams inside of FireEye and Mandiant that are among the best in the industry, fusing victim-based intelligence with attacker-based, over-the-horizon insights derived from iSIGHT’s global cyber-threat ecosystem. When coupled with the technology and services of FireEye and Mandiant, this intelligence capability is a game changer for the industry and enables an intelligence-led security model that other security companies will be hard pressed to replicate.”
