Rapid7 Acquires Noetic Cyber to Enhance Attack Surface Visibility
Amsterdam, Thursday, 4 July 2024.
Cybersecurity firm Rapid7 is set to acquire Noetic Cyber, a specialist in cyber asset attack surface management. This strategic move aims to provide customers with comprehensive visibility of their digital environments, both on-premise and in the cloud, enhancing threat detection and risk management capabilities.
Enhancing Cybersecurity Capabilities
The acquisition of Noetic Cyber by Rapid7 marks a significant step in expanding the latter’s cybersecurity offerings. Noetic Cyber, founded in 2019 by Paul Ayers, Allen Hadden, and Allen Rogers, has developed a proactive approach to managing cyber asset attack surfaces. This approach allows security teams to understand, control, and improve their security posture by breaking down data silos and providing a holistic view of an organization’s environment[1].
Benefits of the Acquisition
By integrating Noetic’s CAASM (Cyber Asset Attack Surface Management) solution, Rapid7 aims to enhance its platform’s ability to provide comprehensive visibility into both internal and external assets. This integration offers several benefits, including improved threat anticipation, better risk management, and increased efficiency for security teams. Corey Thomas, CEO of Rapid7, emphasized that the fragmented attack surface has been a significant challenge, stifling productivity, efficiency, and collaboration within security operations[2].
How Noetic Cyber’s Solution Works
Noetic Cyber’s platform leverages automation and data analysis to give organizations unparalleled visibility across their environments. It includes support for various environments and use cases, offering real-time monitoring and prioritization of vulnerabilities based on their severity. This allows security teams to quickly identify gaps in their security posture and take corrective actions efficiently. The platform’s machine learning capabilities further enhance its ability to reduce the time to value for customers[3].
Strategic Synergies and Future Plans
The acquisition aligns with Rapid7’s strategy to expand its portfolio of cloud-based security solutions. According to a 2024 Gartner report, only 17% of organizations can clearly identify and inventory a majority of their assets, highlighting the need for comprehensive visibility solutions like those offered by Noetic Cyber. Rapid7 plans to make Noetic’s capabilities available to its customers by the summer of 2024, aiming to deliver a complete exposure management solution that combines threat intelligence, detection, response, and vulnerability management[4].
Conclusion and Industry Impact
The acquisition of Noetic Cyber by Rapid7 is expected to close by the end of Rapid7’s fiscal third quarter, around September 30, 2024. This move is anticipated to enhance Rapid7’s ability to help organizations better understand and manage their attack surfaces, ultimately reducing cyber risk. The collaboration between these two companies promises to deliver a more productive and efficient security operations experience, making advanced cybersecurity solutions more accessible to teams that need them most[5].