LogRhythm acquires threat detection platform MistNet
18th January 2021
LogRhythm has acquired MistNet, which will allow LogRhythm to deliver intelligent, machine-learning based detection and response capabilities that incorporate network detection, user and entity behaviour analytics (UEBA), endpoint detection and response data (EDR), and additional MITRE ATT&CK detections to solve current and emerging security and risk problems.
The Network Traffic Analysis (NTA)/Network Detection and Response (NDR) market is approximately $1.5B and will grow at 17 percent CAGR between 2020 and 2026, according to Global Market Insights. As organisations seek to simplify, optimise and extend their detection and response capabilities, they look to vendors to provide more holistic services, which is fuelling the consolidation trend among NDR, EDR, UEBA and security and event management (SIEM) solutions.
3 months ago
Acquisition expands LogRhythm’s reach in the threat detection space and accelerates XDR market entry with deep visibility into network traffic and potential threats
BOULDER, Colo.–(BUSINESS WIRE)–LogRhythm, the company powering today’s security operations centers (SOCs), announced today it has acquired MistNet, a cloud-based analytics platform that delivers vast network visibility and accurate threat detection. The acquisition will allow LogRhythm to deliver intelligent, machine learning-based detection and response capabilities that incorporate network detection, user and entity behavior analytics (UEBA), endpoint detection and response data (EDR), and additional MITRE ATT&CK detections to solve current and emerging security and risk problems.