Security News > 2022 > June > IBM buys Randori to address multicloud security messes

IBM has expanded its extensive cybersecurity portfolio by acquiring Randori - a four-year-old startup that specializes in helping enterprises manage their attack surface by identifying and prioritizing their external-facing on-premises and cloud assets.

Its plan is to give the computing behemoth's customers a tool to manage their security posture by looking at their infrastructure from a threat actor's point-of-view - a position IBM hopes will allow users to identify unseen weaknesses.

IBM's Randori announcement came the same day that Perimeter 81 - a network security startup that also launched in 2018 - reached unicorn status with a $100 million Series C funding round that lifted the total amount it has raised to $165 million and boosted its valuation beyond $1 billion.

"Right now, large companies are trying to buy security companies to build a portfolio and/or marketshare," John Bambenek, principal threat researcher at cybersecurity vendor Netenrich, told The Register in an email.

Many enterprises have mature cybersecurity postures, but they're still getting breached, Bambenek said, adding that the "Metrics suck and aren't tied to the reality on the ground. The security industry isn't solving fundamental problems. Ten years in we still have ransomware."

The cloud-based cybersecurity vendor was bought last year by venture capital firm Thoma Bravo for $12.3 billion and earlier this year acquired Dathena, a data security startup.

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