By: Editorial Staff, Date: November 8th, 2021

As part of the company’s ongoing efforts to combat the rise in cybercrime, Google Cloud has recently invested $50 million in cybersecurity startup Cybereason. This investment comes on the heels of an announced partnership between Google Cloud and Cybereason that entails the companies working together to launch a platform called Cybereason XDR. 

Cybereason XDR is a platform that is powered by Chronicle and designed to scan more than 23 trillion security-related events per week in order to identify potential threats and predict cyberattacks. The hope is that this new platform will improve security across the entire Google Cloud infrastructure. 

Cybereason was founded in 2012 and garnered national media attention in 2019 after bringing to light an espionage campaign involving several major telecom companies. Lior Div, Yonatan Striem-Amit, and Yossi Naar are the owners and founders of Cybereason, and many of the company’s employees come from a background in the Israel Defense Forces’ 8200 unit – a unit specializing in digital reconnaissance and cybersecurity. Rather than focusing on security products designed for consumers and end-users, Cybereason focuses on developing platforms designed to prevent malware and ransomware across enterprise networks, making the company an ideal choice for a partnership with Google Cloud. 

As the prominence of cyberattacks continues to grow, it becomes increasingly more important for companies such as Google Cloud to prioritize cybersecurity. Google Cloud’s $50 million investment in Cybereason marks a significant step toward taking this priority seriously. While Cybereason is certainly not the only company offering security solutions for enterprise networks, this stamp of approval by Google Cloud also positions Cybereason as one of the major players in cybersecurity, and Cybereason is a company that is worth watching moving forward. 

Upcoming Webcasts

2022-06-19T21:59:38-04:00

ePayables Program Implementation: A Comprehensive Guide Toward Your Accounts Payable (AP) Automation Goals

With the increasing number of business transactions, the complexity and resource requirements for accounts payable (AP) processes continue to grow. Most companies integrate automation technology into their system to improve efficiency and accuracy and accelerate their financial operations. The adoption of AP automation technology claims to reduce cycle times while giving employees more time to accomplish more challenging tasks, thus reducing human errors and increasing employee satisfaction.

Tweets

back