Bitsight Boosts Threat Intel Offerings With Cybersixgill Buy

$115M Deal Fuels Automated Threat Intelligence Capabilities, Risk Rating Platforms Michael Novinson (MichaelNovinson) • November 15, 2024

Bitsight plans to purchase a cyberthreat intelligence vendor led by the former CEO of Cloudyn to give customers deeper insights into vulnerabilities and threats.

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Bitsight plans to integrate Tel Aviv-based Cybersixgill's automated threat intelligence platform with the Boston-based company's existing cyber-risk exposure data to offer a more comprehensive and holistic solution, said Chief Risk Officer Derek Vadala. Combining exposure data with threat intelligence insights will enhance Bitsight's ability to provide comprehensive, integrated cyber-risk management.

"Our business is really about helping organizations understand their cyber-risk exposure in order to better enable holistic cyber-risk management, so being able to pull in threat intelligence and providing that context really expands our ability to deliver that holistic ...