Dataminr, a leader in AI-powered real-time risk and threat intelligence, has agreed to buy ThreatConnect, a top intelligence management platform, for $290 million. The acquisition is expected to increase Dataminr’s ability to offer focused, AI-powered threat intelligence solutions to its clients.
Enhancing AI-Driven Threat Intelligence
With any additional addition of ThreatConnect, Dataminr will be able to offer any smarter threat detection and prioritization. The combined platform will merge public data with its clients’ internal data to offer real-time, actionable insights. This approach helps in solving common cybersecurity challenges, such as too many alerts or data scattering, by not only identifying threats but providing context and recommended actions on any mitigation.
What This Means for the Cybersecurity Industry
The purchase signals a step towards more active and context-based cybersecurity products. To most organizations, they face with volumes of alerts that are hard to act upon. By incorporating Dataminr’s real-time event detection with ThreatConnect’s threat intelligence, the new product will shorten time to detect and respond to incidents and therefore improve overall security for organizations.
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Effect on Businesses in the Cybersecurity Industry
For cyber security companies, this merger would set a new standard in threat intelligence. Organizations might need to assess their current platforms. They should decide if adding advanced AI solutions can help them stay competitive. Combining these two platforms could also automate processes, speeding up threat detection and response as a consequence.
Conclusion
Dataminr‘s ThreatConnect acquisition is a major step in the right direction for cybersecurity. The new offering combines real-time event detection with threat intelligence. This gives organizations clearer and more actionable information. As a result, they can better protect themselves from sophisticated cyber attacks.