Broadcom, Symantec Enterprise Acquire Cybersecurity Analytics Firm


Broadcom, dad or mum of the Symantec enterprise enterprise, has acquired cyber danger analytics software program supplier Bay Dynamics, in response to Silicon Valley Enterprise Journal. Monetary phrases weren’t disclosed.

The deal may benefit Symantec safety companions specializing in Information Loss Prevention (DLP), ChannelE2E believes. Certainly, Bay Dynamics competes within the Person and Entity Habits Analytics (UEBA) safety software program market. UEBA is a course of to detect insider threats, focused assaults and monetary fraud, in response to Gartner. UEBA options have a look at patterns of human conduct, after which apply algorithms and statistical evaluation to detect significant anomalies from these patterns—anomalies that point out potential threats, Wikipedia says.

With these objectives in thoughts, Bay Dynamics develops danger cloth software program that enables clients to “quickly establish main threats to your group’s protected data by way of automated prioritization and clear visualization of these customers and entities that signify dangers,” the corporate says.

Bay Dynamics software program integrates with a prolonged record of safety infrastructure, danger administration and id and entry administration (IAM) instruments. Key companions embrace ArcSight, Atlassian, BitSight, CyberSponse, Forcepoint, IBM’s Resilient, Radar, Jamf, McAfee, Micro Focus, Qualys, Rapid7, ServiceNow, Skyhigh, Splunk, Symantec, Tenable, Veracode and VMware’s Carbon Black, the corporate says.

Broadcom Acquires Bay Dynamics: Symantec Companion Advantages

The Bay Dynamics web site doesn’t point out a proper associate program or MSSP (managed safety providers supplier) engagements.

Nonetheless, the deal may very well be excellent news for Symantec’s enterprise companions — together with MSPs and MSSPs centered on Information Loss Prevention (DLP).

Certainly, Symantec and Bay Dynamics have had a proper partnership since July 2017. On the time, the businesses disclosed plans to combine Danger Cloth with Symantec’s Information DLP providing. The end result was a “central level of behavioral analytics that dynamically delivers high mitigation actions to assist forestall malicious insiders from stealing delicate information,” the duo stated on the time.

Symantec Enterprise Evolution, Breakup

Broadcom acquired the Symantec enterprise enterprise for $10.7 billion in 2019. In the meantime, rumors persist that the previous Symantec client enterprise, now generally known as NortonLifeLock, may additionally be acquired.

ChannelE2E has not independently confirmed the Broadcom-Bay Dynamics deal.

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