SentinelOne Buys Attivo
Networks For $616M
March 16, 2022
SentinelOne
has entered into a definitive agreement to acquire Attivo Networks, a leading
identity security and lateral movement protection company. With this
acquisition, SentinelOne extends its AI-powered prevention, detection, and
response capabilities to identity-based threats, setting the standard for XDR
and accelerating enterprise zero trust adoption.
Under the terms of the agreement, SentinelOne will acquire Attivo Networks in a
cash and stock transaction valued at $616.5 million. The acquisition is expected
to close in SentinelOne’s upcoming fiscal second quarter, subject to regulatory
approval and customary closing conditions.
“The shift to hybrid work and increased cloud adoption has established identity
as the new perimeter, highlighting the importance of visibility into user
activity. Identity Threat Detection and Response (ITDR) is the missing link in
holistic XDR and zero trust strategies,” said Nicholas Warner, COO, SentinelOne.
“Our Attivo acquisition is a natural platform progression for protecting
organizations from threats at every stage of the attack lifecycle.”
According to Gartner,1 “misused credentials are now the top technique used in
breaches.”
Attackers are targeting identity and access management gaps to gain a foothold
within trusted environments and advance laterally in pursuit of high-value
targets. “In our breach response engagements, Active Directory and
identity-based attacks are too common,” said Ed Goings, National Leader, Cyber
Response Services, KPMG. “Attackers are aware that AD is the crown jewel of the
enterprise - controlling end user entitlement, access, and privileges.
Unauthorized AD access grants bad actors the ability to install backdoors,
exfiltrate data, and change security policies. I’m excited about Singularity XDR
now encompassing identity threat detection and response.”
Attivo Networks serves global customers from leading Fortune 500 companies to
government entities, protecting against identity compromise, privilege
escalation, and lateral movement attacks. Together, SentinelOne and Attivo
Networks will deliver comprehensive identity security as part of Singularity XDR
for autonomous protection including:
Identity
Threat Detection and Response: Attivo’s identity suite delivers holistic
prevention, detection, and response. It protects in real time against credential
theft, privilege escalation, lateral movement, data cloaking, identity exposure,
and more supporting conditional access and zero trust cybersecurity.
Identity Infrastructure
Assessment: Attivo’s identity assessment tool provides instant Active Directory
visibility of misconfigurations, suspicious password and account changes,
credential exposures, unauthorized access, and more enabling identity-focused
attack surface reduction.
Identity Cyber
Deception: Attivo’s network and cloud-based deception suite lures attackers into
revealing themselves. Through misdirection of the attack with tactics including
breadcrumbs and decoy accounts, files and IPs, organizations gain the advantage
of time to detect, analyze, and stop attackers and insider threats without
impacting enterprise assets.
“We are thrilled to join
SentinelOne, the category leader in XDR. Attivo’s solutions are a perfect
complement, as an XDR with identity protection significantly improves
organizational security posture,” said Tushar Kothari, CEO, Attivo Networks. “As
the threat landscape evolves, identity remains the central nervous system of the
enterprise. Combined with the power of SentinelOne’s autonomous XDR, we’ll bring
real-time identity threat detection and response to the front lines of
cyberdefense.”
“The acquisition of Attivo Networks continues our commitment to defining and
delivering autonomous XDR,” said Tomer Weingarten, CEO, SentinelOne. “Identity
fuses together all enterprise assets, and I see identity threat detection and
response as an integral part of our XDR vision. Attivo Networks is the right
technology and team to advance our portfolio, complementing our hypergrowth and
accelerating enterprise zero trust adoption.”
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