Verizon acquires Niddel to boost threat detection capabilities

By : |January 8, 2018 0

Verizon has acquired privately-held company Niddel to boost its security detection and response mechanism for enterprise customers.

Terms of the transaction were not announced. Niddel offers machine-learning-based automated threat hunting and its advanced technology and services will soon be integrated into, and enhance, Verizon’s existing offerings.

“Using machine learning to improve information accuracy significantly reduces false positives and significantly improves our detection and response capabilities,” said Alexander Schlager, Verizon’s executive director for security services. “Niddel’s Magnet software is an innovative threat-hunting system, and we look forward to integrating this automated solution into the already robust set of managed security services offered by Verizon.”

Founded in 2014, Niddle’s main product is Magnet, that “investigates the relationship between indicators of compromise (IOCs), their inferred Tactics, Techniques and Procedures (TTPs) and log or event data generated by their organization,” the company wrote on its website.

Magnet can then transform millions of raw data indicators into high confidence alerts, so analysts can focus on investigating qualified leads and eliminate repetitive tasks.

In the wake of growing instances of compromises, Niddel purports to provide a completely automated solution without any need of human analyst.

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