Veracode has announced its acquisition of Longbow Security, a pioneer in security risk management for cloud-native environments.
This strategic move underscores Veracode’s commitment to helping organizations manage and mitigate application risks across an expanding attack surface.
The acquisition, valued at an undisclosed amount, aims to enhance Veracode’s ability to provide organizations with comprehensive insights into application and cloud security risks. By integrating Longbow’s innovative technology, Veracode will offer security teams the tools needed to quickly discover application and cloud assets and assess threat exposure with automated issue investigation and root cause analysis.
Veracode excels in application risk management, offering solutions that help identify and mitigate security vulnerabilities within the software development lifecycle. Its platform enables organizations to secure their applications from code to cloud, addressing a critical need in today’s digital ecosystem.
Longbow Security, on the other hand, specializes in security risk management for cloud-native applications. Its technology offers a centralized view of risk for cloud assets and applications, simplifying complex workflows and enabling faster, more effective remediation efforts.
The acquisition responds to the increasing complexity within cloud infrastructure adoption and the greater responsibility developers have in ensuring the security of their software. Veracode’s integration of Longbow will offer unified visibility of risks across applications, code, and cloud environments, facilitating orchestrated remediation efforts and providing actionable insights for security and engineering teams.
Additional benefits of this acquisition include enhanced capabilities for continuous monitoring and real-time vulnerability discovery, helping organizations to reduce their “security debt” and improve their overall security posture.
Veracode Chief Product Officer Brian Roche emphasized the challenges security teams face and how the integration of Longbow’s solutions will address these issues by providing comprehensive risk views and automated remediation capabilities.
Longbow Co-Founder & Chief Product Officer Derek Maki and Co-Founder & CEO Dayne Myers expressed their excitement about joining forces with Veracode to advance cloud-native application security. Finally, Veracode CEO Sam King closed with remarks on the strategic alignment and future potential of the combined solutions to advance the field of application security.
Copyright © 2024 RegTech Analyst
Copyright © 2018 RegTech Analyst
