Sun, Dec 22 2024
The purchase of Longbow Security, a pioneer in security risk management for cloud-native systems, by Veracode has been announced.
Veracode's dedication to assisting enterprises in managing and reducing application risks across a growing attack surface is further demonstrated by this calculated decision.
The acquisition, which has an undisclosed value, is to improve Veracode's capacity to offer businesses thorough insights into application and cloud security threats. Veracode will provide security teams with the means to swiftly identify application and cloud assets, evaluate threat exposure through automated issue investigation and root cause analysis, and more by using Longbow's cutting-edge technologies.
Veracode is a leader in application risk management, providing tools to find and fix security flaws in software development processes. Its platform fills a vital need in the current digital ecosystem by allowing enterprises to safeguard their apps from code to cloud.
In contrast, Longbow Security is an expert in security risk management for cloud-native apps. With the use of its technologies, cloud assets and applications can have a centralized view of risk, which streamlines complicated procedures and makes remediation efforts quicker and more efficient.
The acquisition is a response to the growing complexity of adopting cloud infrastructure and the increased accountability placed on developers to guarantee the security of their applications. With Veracode's Longbow integration, risk awareness across code, applications, and cloud environments will be consolidated, enabling coordinated remediation efforts and giving security and engineering teams useful insights.
Improved continuous monitoring and real-time vulnerability detection capabilities, which assist enterprises in lowering their "security debt" and strengthening their overall security posture, are further advantages of this acquisition.
Chief Product Officer Brian Roche of Veracode highlighted the difficulties faced by security teams and how integrating Longbow's technologies will help to resolve these problems by offering thorough risk views and automated remediation capabilities.
Co-founder and CEO of Longbow, Dayne Myers, and co-founder and chief product officer Derek Maki, expressed their enthusiasm in collaborating with Veracode to develop cloud-native application security. Sam King, CEO of Veracode, concluded by discussing the strategic alignment and promise for the combined technologies to advance application security in the future.
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