LogPoint will integrate SecBI security operations, automation and response (SOAR) and extended detection and response (XDR) technologies into its security information and event management (SIEM) platform. The effort surfaces less than one month after LogPoint announced plans to acquire SecBI.
With SecBI capabilities, organizations can leverage SOAR and XDR as part of their LogPoint license, the buyer said. Partners and customers can automate repetitive security tasks, orchestrate threat remediation workflows and autonomously investigate, prioritize and execute playbooks.
LogPoint’s Next Steps
The new capabilities will arrive incrementally. For instance, the buyer says:
SecBI’s SOAR capabilities will be released with LogPoint 7.0 in December 2021.
SecBI’s XDR capabilities for LogPoint will be introduced in the second quarter of 2022.
Amid the buyout, SecBI founder and VP of Business Development Doron Davidson shift to LogPoint’s VP of global services.
SecBI offers the Universal XDR platform, which combines cloud, endpoint and network security tools for threat detection and response. Universal XDR lets organizations use artificial intelligence and machine learning to synthesize data sources, evaluate threat detection and remediation decisions and automate security alert correlation and prioritization.
Meanwhile, LogPoint offers a platform that allows organizations to detect, analyze and respond to cyber threats and prioritize security incidents, the company stated. LogPoint also offers an MSSP partner program and has more than 50 certified partners.
SOAR Mergers and Acquisitions
M&A activity in the SOAR market has been steady and strong. Noteworthy deals include:
Also, venture capital firms continue to fund SOAR startups. For instance, D3 Security in September 2021 raised $10 million from Vistara Growth, and also lined up a $5 million credit facility from a financial firm whose name was not been disclosed.