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Microsoft acquires cybersecurity firm RiskIQ as the threat of ransomware intensifies

July 12, 2021

Via: The Verge

Microsoft is officially acquiring RiskIQ, a security software vendor. RiskIQ provides management tools and threat intelligence gathering against a wide range of cyberattacks across Microsoft’s own cloud services, AWS, on-premises servers, and supply chain attacks. While Microsoft hasn’t valued the deal, Bloomberg reported that the company is said to be paying more than $500 million for RiskIQ.

The cloud-based RiskIQ software detects security issues across networks and devices, and the company lists Box, the US Postal Service, BMW, Facebook, and American Express as customers. RiskIQ was originally founded in 2009 and has gradually become an important player in analyzing security threats.

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