Arctic Wolf Networks acquired RootSecure. RootSecure provides risk-based vulnerability assessment solutions that probe networks, discover connected devices, and test an organization’s social engineering resilience. The acquisition enables enterprises to assess and manage their cybersecurity risk in addition to leveraging Arctic Wolf’s AWN CyberSOC service to detect and respond to cyber threats.
“As customers embrace SOC-as-a-service, they also want to understand their vulnerabilities,” said Brian NeSmith, CEO and co-founder of Arctic Wolf. “This acquisition augments our current offerings by adding comprehensive risk assessment to improve any customer’s overall cybersecurity posture.”
This news comes on the heels of Arctic Wolf’s recently announced $45 million Series C funding round, highlighting the company’s plans to leverage the new funds to accelerate company growth and provide expanded offerings to its range of customers, which has grown by 219% year-over-year.
“Organizations are constantly challenged to keep up with the proliferation of devices and their inherent vulnerabilities. Locating devices, prioritizing vulnerabilities, and helping to remediate those vulnerabilities helps improve enterprise security hygiene. Pairing our continuous vulnerability scanning technology with Arctic Wolf’s SOC-as-a-service offering will enable customers to see a more holistic view of their security posture, in order to more quickly identify any cyber exposure gaps,” said James Mignacca, CEO of RootSecure.
Arctic Wolf allows companies of all sizes to combat the cybersecurity skills shortage and cost-prohibitive nature of building their own SOC. In fact, a recent cost analysis from Frost & Sullivan revealed that organizations with few, if any, dedicated infosecurity personnel could spend up to nearly 10 times more over a three-year period building and operating their own SOC than if they implemented a SOC-as-a-service, such as Arctic Wolf’s AWN CyberSOC.
The SOC-as-a-service installs in minutes and provides value from day one, delivering threat detection and fewer false positives by leveraging key innovations, including Concierge Security teams and hybrid AI, merging the efficiency and scalability of artificial intelligence with the experience and intuition of our security engineers.
The Arctic Wolf RootSecure product portfolio can be deployed separately or in conjunction with the AWN CyberSOC. The Arctic Wolf RootSecure solution portfolio is available immediately.