Cisco to acquire Kenna Security
Cisco is to acquire Kenna Security, a privately held cybersecurity company based in California, for an undisclosed sum.
Through this acquisition, Cisco will transform the way security and IT teams collaborate to reduce the attack surface and the time it takes to detect and respond, leveraging Kenna’s risk-based vulnerability management technology, which enables organisations to work cross-functionally to identify, prioritise and mitigate cyber risks.
"Hybrid work is here to stay, and the increasing complexity of cybersecurity is our customers' biggest challenge. We must radically simplify security to stay ahead of the evolving threat landscape," said Jeetu Patel (pictured), senior vice president and general manager, Cisco Security and Collaboration.
"Our goal is to unify all critical control points into a single platform. With the addition of Kenna Security, we will fundamentally strengthen our platform experience by giving customers the ability to prioritise vulnerabilities based on a robust risk methodology that is tuned to their unique needs."
With Kenna's technology, Cisco Security combine threat and risk-based vulnerability management as part of its SecureX platform, expanding the platform and enabling comprehensive scorecards for security controls and threat response.
In addition, this integration will help customers prioritise vulnerabilities, accelerate and automate decision making with tailored information as well as accelerate response time for cyber readiness.
"Cisco is on a mission to reshape the way we think about security, and together we have a unique opportunity to fundamentally transform how organisations effectively manage risk at scale," said Karim Toubba, CEO of Kenna Security.
"As malicious actors continue to evolve their methods, we need to make it easier than ever for customers to predict, detect, prioritise and respond to the security threats that matter. The breadth and scale of Cisco coupled with Kenna Security's mastery of machine-learning and data science will reshape how the entire industry addresses cyber risk."
The transaction is due to close in Cisco's fourth quarter of fiscal 2021.