Bitsight, known for its comprehensive cyber risk management solutions, and Cybersixgill, a leader in cyber threat intelligence data, are set to join forces.
This strategic acquisition aims to offer unprecedented insights into external attack surfaces, supply chains, and targeted threats, empowering security leaders to proactively manage and mitigate risks.
The acquisition is driven by the increasing necessity for cyber threat intelligence (CTI) as cyber attacks continue to escalate. By combining Bitsight’s asset mapping capabilities with Cybersixgill’s real-time threat intelligence, the merger will provide security leaders with targeted insights tailored to their specific digital environments. This integration promises to simplify the complex, costly, and time-consuming application of CTI data across both first and third-party environments.
Bitsight is renowned for its capabilities in managing cyber exposures and enhancing organisational insights into third-party risks. Cybersixgill excels in extracting covert data in real-time from diverse sources, including the dark web and various online platforms. Their newly introduced Cybersixgill IQ leverages generative AI to transform complex CTI data into accessible insights and continuous support.
The acquisition not only enhances Bitsight’s existing services but also introduces new potential applications in threat hunting, adversary intelligence, and vulnerability management. By incorporating Cybersixgill’s generative AI models, Bitsight aims to further enrich its vast cyber security data repository, creating additional value for customers across the globe.
Cybersixgill, headquartered in Israel, serves an extensive client base, including Fortune 500 firms, financial institutions, and government bodies. As part of the acquisition, Bitsight is committed to maintaining Cybersixgill’s operational presence in Israel, retaining its team and continuing its legacy of innovation in the cyber intelligence space.
Bitsight CEO Steve Harvey said, “The acquisition of Cybersixgill is a major step forward in our product vision, enabling us to deliver unparalleled insight into risk and threat exposure across an organisation’s extended attack surface.”
Cybersixgill CEO Sharon Wagner commented, “By joining forces with Bitsight, we’ll be able to enhance and expand the reach of our threat intelligence solutions and give our customers access to an even more comprehensive set of cyber risk analytics, including Bitsight’s rich vendor risk insights.”
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