Check Point Software Technologies Ltd., has signed a definitive agreement to acquire Cyberint Technologies Ltd., a pioneering provider of External Risk Management solutions.
The reported $200 million deal will significantly enhance Check Point’s Security Operations Center (SOC) capabilities and expand its managed threat intelligence offerings.
Cyberint’s advanced capabilities will be integrated into the Check Point Infinity Platform for collaborative threat prevention and will also be available as a managed service through Check Point Infinity Platform Services.
Founded in 2010, with over 170 employees worldwide, Cyberint is one of the fastest growing External Risk Management companies in the market.
Recognised as ‘Company of the Year’ in 2023 by Frost & Sullivan in the External Risk Mitigation & Management category.
Organisations face critical security challenges every day, including stolen employee credentials, fake websites, and social media impersonation.
To prevent these and other challenges from negatively impacting companies, Cyberint specialises in threat intelligence, digital risk protection, and attack surface management, serving a diverse global clientele, including Fortune 500 companies.
“Leaked credentials and fake websites designed for malicious purposes are staggeringly prevalent today, with over 90% of organisations facing these threats. This highlights the urgent need for real-time intelligence and proactive defense strategies, which our technology is able to mitigate in an effective way,” said Yochai Corem, CEO at Cyberint. “We are thrilled to join the Check Point team. Integrating our solutions into the Infinity Platform will enhance our ability to protect organisations. Together, we will offer a more comprehensive security SOC offering that covers both internal and external threats.”
“We are excited to welcome Cyberint to the Check Point organisation. Their solution aligns perfectly with our vision of collaborative threat prevention and enhances our SOC capabilities,” stated Sharon Schusheim, chief services officer at Check Point Software Technologies. “We will be able to turn identified risks into autonomous preventative actions and work collaboratively across Check Point and third-party security products to contain compromised assets and mitigate external exposures.”
Closing of the transaction is subject to customary closing conditions and is expected to occur by the end of 2024.
