Seven months after acquisition by Schwarz Group, XM Cyber ​​acquires Cyber ​​Observer

Seven months after acquisition by Schwarz Group, XM Cyber ​​acquires Cyber ​​Observer

The Cyber ​​Observer platform will be integrated into XM Cyber, enabling a universal and continuous view of exposures and weaknesses that put critical assets at risk, as well as security control gaps that fail to prevent attacks. It will also automate compliance validation and reporting for key standards such as ISO, NIST, GDPR, SWIFT, and PCI, among others.

“Even as cybersecurity risk awareness continues to grow, attackers thrive and routinely exploit attack paths that can be used to move laterally through an enterprise network,” he said. Noam Erez, co-founder and CEO of XM Cyber. “Our goal is to give security teams the ability to easily understand and remediate their security posture on an ongoing basis, including weaknesses, exposures, and compensating security controls across the entire internal and external attack surface that covers systems. local, cloud and SaaS. The acquisition is not an isolated event, but the latest step in our strategy to provide the most comprehensive and proactive security posture management platform on the market.”

Schwarz Group is the fourth largest retailer in the world and a growing force in cloud computing. The company has grown rapidly in the digital space in recent years with the creation of a European cloud. In November 2021, Schwarz acquired XM Cyber ​​as its cyber arm. Since then, XM Cyber ​​has expanded its solutions portfolio, expanded its workforce globally, and grown its customer base. Schwarz’s strong financial stability and broad digital vision are a force multiplier for growth and innovation.

“Cyber ​​Observer’s patented 24×7 monitoring capabilities are a perfect complement to XM Cyber’s award-winning hybrid cloud security platform,” he said. Shimon Becker, co-founder and CEO of Cyber ​​Observer. “We are excited about this opportunity and look forward to working with the XM Cyber ​​team to deliver the first end-to-end continuous cybersecurity posture management solution that supports both cloud and on-premises coverage.”

Features of the combined solution will include:

  • The ability to identify and fix security control gaps that attackers can exploit to compromise critical assets.
  • Continuous validation of control for cybersecurity tools (in the cloud and on premises) that are well configured and working
  • Expanded attack path prioritization with automated remediation of security control gaps and misconfigurations
  • Continuous validation of compliance with standards such as ISO, NIST, PCI, SWIFT, GDPR and others
  • Automated compliance reports for multiple domains and devices
  • Security Operations Center (SOC) efficiency that flags and prioritizes key alerts that are correlated across multiple security products, along with ongoing analytics that provide alerts on deviation from normal behavior

About XM Cyber

XM Cyber ​​is a leading hybrid cloud security company that is changing the way innovative organizations approach cyber risk. Its attack path management platform continuously uncovers hidden attack paths to critical business assets in on-premises and cloud environments, enabling security teams to cut them at key moments and eradicate risk with a fraction of the effort. . Many of the world’s largest and most complex organizations choose XM Cyber ​​to help eradicate risk. Founded by senior executives in the Israeli cyber intelligence community, XM Cyber ​​has offices in North America, Europeand Israel.

About Cyber ​​Observer

Cyber ​​Observer is a continuous end-to-end cybersecurity posture management platform. The platform reduces business losses and audit costs by leveraging technology that performs continuous monitoring and auditing by monitoring continuous controls. Cyber ​​Observer integrates dozens of the most popular security tools: On-premises security posture management (AD, FW, EPS, etc.), SaaS security posture management (Office 365, ServiceNow, BitSight, etc.) and cloud security posture management (AWS). , Azure, Google – CSPM) in a single intuitive interface that enables organizations to continuously monitor, manage and maintain alignment with their cybersecurity posture, cybersecurity best practices, protect critical business assets and comply with frameworks regulatory.

Contact
prindle mark
PR Fusion
[email protected]
917-517-4091

XM Cyber ​​SOURCE

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