Cyberint’s AI-driven External Risk Management Solution Will Enhance the Check Point Infinity Platform, Delivering Collaborative, Actionable Intelligence Against Advanced Threats
Johannesburg, South Africa. August 28th, 2024 — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading cyber security platform provider, signs a definitive agreement to acquire Cyberint Technologies Ltd, a pioneering provider of External Risk Management solutions. This will significantly enhance Check Point’s Security Operations Center (SOC) capabilities and expand its managed threat intelligence offerings. Cyberint’s advanced capabilities will be integrated into the Check Point Infinity Platform for collaborative threat prevention and will also be available as a managed service through Check Point Infinity Platform Services.
Founded in 2010, with over 170 employees worldwide, Cyberint is one of the fastest growing External Risk Management companies in the market. Recognised as ‘Company of the Year’ in 2023 by Frost & Sullivan in the External Risk Mitigation & Management category.
Yochai Corem, CEO at Cyberint commented, “We are thrilled to join the Check Point team. Integrating our solutions into the Infinity Platform will enhance our ability to protect organizations. Together, we will offer a more comprehensive security SOC offering that covers both internal and external threats.”
“We are excited to welcome Cyberint to the Check Point organisation. Their solution aligns perfectly with our vision of collaborative threat prevention and enhances our SOC capabilities,” stated Sharon Schusheim, Chief Services Officer at Check Point Software Technologies. “We will be able to turn identified risks into autonomous preventative actions and work collaboratively across Check Point and third-party security products to contain compromised assets and mitigate external exposures.”
Cyberint’s key capabilities include:
· A Comprehensive External Risk Management Solution for SecOps Teams: Cyberint’s solution offers detection and takedown of impersonating website and social media accounts, as well as stolen credentials and leaked data associated with organisations. It also enables companies to detect vulnerable internet-facing websites and applications and prioritise and effectively mitigate these vulnerabilities.
· Differentiated by Delivering Impactful and Actionable Intelligence: Cyberint delivers actionable intelligence within 20 minutes after setup, ensuring that security teams can respond to threats promptly.
· Powered by AI and Enhanced by High-Quality Managed Services: Cyberint uses AI to deliver effective risk detection, mitigation, and contextualized alerts with minimal false positives. Managed services further strengthen this approach, offering expert guidance and ensuring comprehensive, high-quality management.
Closing of the transaction is subject to customary closing conditions and is expected to occur by the end of 2024.
Legal Notice Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or our future financial or operating performance. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.
