Zscaler, a cloud security firm, has announced that it has entered into a definitive agreement to acquire Smokescreen Technologies, an active defense and deception technology firm.
“Smokescreen’s cutting edge capabilities will be integrated into the Zscaler Zero Trust Exchange™, further building upon Zscaler’s ability to precisely detect the most sophisticated, highly targeted attacks, ransomware, and lateral movement attempts. Additionally, Smokescreen will help provide rich threat intelligence and telemetry for the Zscaler team to proactively hunt for emerging adversary tactics and techniques,” the company said in a statement.
The transaction is subject to standard closing conditions and is expected to close during Zscaler’s fiscal fourth quarter ending July 31, 2021.
“Today’s most sophisticated cyberthreats, like the recent Colonial Pipeline ransomware attack, require immediate, high-confidence detections to drive effective response,” said Jay Chaudhry, CEO, chairman and founder, Zscaler, Inc. “Zscaler is proud to be the industry’s first security vendor to extend a zero trust architecture with integrated active defense and deception capabilities. With the addition of Smokescreen to our Zero Trust Exchange, our customers will be able to change the economics of cyberattacks by making them far more costly, complex and difficult for the adversary both before and during their attempted intrusions. I am pleased to welcome the Smokescreen team to the Zscaler family, and I look forward to our continued innovations in cybersecurity.”
“Alert volume has never been higher. Security teams can’t separate the signal from the noise to take a proactive stance against the most stealthy attackers,” added Sahir Hidayatullah, CEO at Smokescreen. “As analysts lose time chasing ghosts, the role of active defense has never been more critical. By taking the fight to the attacker, leading them down false paths with decoys deployed across networks, endpoints, and applications, and gathering the highest-fidelity security telemetry, we can dramatically speed up threat hunting and containment. We are thrilled to join Zscaler and look forward to integrating our technology into the world’s leading zero trust platform.”
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