rowdStrike has announced it has agreed to acquire

Bionic , a pioneer of Application Security Posture

Management ( ASPM ). The combination will extend CrowdStrike ’ s leading Cloud Native Application Protection Platform ( CNAPP ) with ASPM to deliver comprehensive risk visibility and protection across the entire cloud estate , from cloud infrastructure to the applications and services running inside of them . As a result , CrowdStrike will be the first cybersecurity company to deliver complete code-to-runtime cloud security from one unified platform .

Announced at the industry ’ s marquee cybersecurity conference , CrowdStrike Fal . Con 2023 , the signing of the deal comes on the heels of CrowdStrike ’ s Q2 FY24 financial results , in which the company delivered a record quarter for its fastgrowing cloud security business . In addition , ending ARR as of July 31 2023 for CrowdStrike modules deployed in the public cloud grew to US $ 296 million , up 70 % year-over-year – larger than almost every cloud security vendor .

“ The cloud is cybersecurity ’ s new battleground , yet the industry ’ s answer to date has been disjointed point security tools or platforms with multiple consoles and agents ,” said George Kurtz , Co-founder and CEO , CrowdStrike . “ We are delivering what customers need : modern protection to address cloud security risk comprehensively , through one unified platform . We pioneered cybersecurity for the cloud era and the addition of Bionic further extends our cloud security leadership on our mission of stopping breaches . Bionic shares our passion for customer-focused innovation and will make a great addition to the CrowdStrike team .”

The battle to stop breaches moves to the cloud

According to the CrowdStrike 2023 Global Threat Report , cloud exploitations increased by 95 % and the number of cloudconscious threat actors increased more than 3x in the last year . At the same time , the growth of cloud computing , the speed of DevOps and the increased use of no- and low-code development platforms have led to an explosion of applications and microservices running within cloud environments .

The speed and dynamic nature of application development makes it nearly impossible for organisations to maintain a full picture of every application and their dependencies running their environment , or the microservices interacting with cloud infrastructure . This creates a massive risk profile that cloudsavvy adversaries continually look to exploit .

Bionic will extend the Falcon platform ’ s unique agent and agentless protection of cloud infrastructure with unprecedented visibility into application behaviour and vulnerability prioritisation for both server-based and serverless infrastructure , without disrupting the development process . Key capabilities of Bionic include :

• Real-time , frictionless application visibility : Discover and map all application services , databases , microservices , third parties , APIs and data flows across cloud service providers and both hybrid and on-premise application deployments via an agentless approach . Applications are automatically deconstructed while seamlessly integrating with CI / CD pipelines , removing the requirement for sensitive source code access .

• Instantly prioritise application-level vulnerabilities : Eliminate up to 95 % of vulnerability noise and prioritise the top business-critical risks that can be exploited in production applications , so teams know what to fix first based on business impact .

• Complete visibility for serverless infrastructure : Reduce risk with vulnerability scanning for serverless infrastructure , such as Azure Functions and AWS Lambda . intelligent CLOUD SECURITY www . intelligentciso . com

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