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        Cybersecurity giant Palo Alto Networks is reportedly acquiring assets from IBM's QRadar Security SaaS suite to strengthen its Cortex extended security intelligence and automation management (XSIAM) platform. The deal is expected to close by the end of September 2024.
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        The planned acquisition will also include intellectual property rights from IBM&rsquo;s QRadar program, and customers will be migrated from QRadar SaaS to Cortex XSIAM once the deal is finalized.
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Next-gen Cybersecurity

INCUMBENTS_PRESENT

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 <p>Palo Alto Networks is set to substantially enhance its Cortex extended security intelligence and automation management (XSIAM) platform. The company plans to do this through the acquisition of assets from IBM's QRadar Security SaaS suite, with the finalization of the deal hoping to be concluded by the end of September 2024.</p>
 <p>The acquisition will not only consist of assets but will also include intellectual property rights from IBM’s QRadar program. As part of the transaction, current customers of QRadar SaaS will undergo a transition to Cortex XSIAM as soon as the deal is complete.</p>
</div>

Palo Alto to acquire IBM QRadar Assets in customer acquisition move

PROMINENT_CATEGORY

<div>
 <p>Palo Alto Networks, a prominent cybersecurity firm, has revealed a range of new security solutions that are driven by Precision AI. This unique system melds machine learning, deep learning, and GenAI into one integrated approach.</p>
 <p>The new Precision AI will be implemented across all platforms of Palo Alto, including Strata, Prisma, and Cortex. The novel tools are designed to guard against threats driven by AI, offering advanced services such as detailed URL filtering, robust threat prevention, and DNS security.</p>
 <p>In addition to these advancements, the company also introduced AI-powered co-pilots for the Strata, Prisma, and Cortex platforms. These innovative tools assist analysts in pinpointing, understanding, and mitigating threats via natural language processing, preventing damage from occurring in the first place.</p>
</div>

Palo Alto announces new AI-powered security solutions

<div>
 <p>Palo Alto Networks, a cybersecurity firm, introduced Prisma SASE 3.0, an updated version of its secure access service edge (SASE) platform. Prisma SASE 3.0 is unique in its protection of both managed and unmanaged devices using a native enterprise browser, according to the company.</p>
 <p>The new platform update includes the Prisma SASE App Acceleration, capable of enhancing application performance by creating dynamic app content per user. Other features include the Dynamic Privileged Access, a project-based segmentation and access control service, as well as a large language model (LLM)-based document classification tool.</p>
 
</div>

Palo Alto launches Prisma SASE 3.0, extending protection to unmanaged devices

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      <p>Cybersecurity giant Palo Alto has launched Strata Cloud Manager, an AI-powered zero trust management and operations platform for its network security and secure access service edge (SASE) offerings.</p>
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      <p>The platform aims to unify management and visibility, allowing organizations to monitor and secure their networks, predict bottlenecks, analyze security and compliance policies using AI, and configure Palo Alto security infrastructure via a single interface.</p>
    </li>
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      <p>In addition, Palo Alto has introduced five new next-generation firewall units to expand coverage in areas such as branch networks, OT environments, and network protocols including 5G.</p>
    </li>
  </ul>
</div>

Palo Alto Networks announces AI-powered zero-trust solution

ANALYST_QUICK_TAKE

<div>
 <p>Palo Alto Networks, a leading cybersecurity firm, aims to acquire Talon Cyber Security and Dig Security. Both companies are based in Tel Aviv, Israel. Talon’s browser will merge with Palo Alto’s Prisma SASE to enable secure remote access, while Dig Security’s data security tools will be integrated into Palo Alto’s Prisma Cloud platform. The acquisition costs are undisclosed, but estimations put Dig Security's price between USD 300-400 million, and Talon at around USD 625 million.</p>
</div> <p><b>Analyst QuickTake:</b> Rumors of the <a href="https://sp-edge.com/updates/22059"> Talon </a> and <a href="https://sp-edge.com/updates/22274"> Dig Security </a> deals first began circulating in September 2023, and the acquisitions will be Palo Alto’s first and second in over nine months, having previously acquired 13 companies since 2018. The confirmation of these deals also mark a continuing trend of cybersecurity heavyweights acquiring Israeli startups, including <a href="https://sp-edge.com/companies/75532"> CrowdStrike </a> <a href="https://sp-edge.com/updates/22014"> acquiring </a> ASPM firm <a href="https://sp-edge.com/companies/1216517"> Bionic </a> , <a href="https://sp-edge.com/companies/87790"> Tenable </a> ’s <a href="https://sp-edge.com/updates/21651"> acquisition </a> of identity-focused cloud security company <a href="https://sp-edge.com/companies/897377"> Ermetic </a> , and <a href="https://sp-edge.com/companies/5692"> Check Point </a> ’s <a href="https://sp-edge.com/updates/21630"> acquisition </a> of <a href="https://sp-edge.com/companies/1747107"> Atmosec </a> .</p>

Palo Alto confirms Talon and Dig acquisitions

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 <ul>
  <li><p>Palo Alto Networks has announced improvements to its cloud-native application protection platform (CNAPP), Prisma Cloud, designed to allow enterprises to monitor and secure their cloud applications throughout the development life cycle from a single, unified solution.</p></li>
  <li><p>The latest release of Prisma Cloud, dubbed Darwin, incorporates Code-to-Cloud intelligence features that analyze patterns, behaviors, and anomalies across application source code, cloud infrastructure, and runtime environments, tracing security issues back to their source and providing developers context for remediation.</p></li>
  <li><p>The Darwin update provides capabilities such as comprehensive application-centric visibility into cloud services, APIs, workloads, data, code, and endpoints; correlation of information across the security stack to identify vulnerabilities and attack paths; direct remediation of issues at the source; vulnerability management; a simplified dashboard for reporting and control; and visibility into external cloud environments.</p></li>
 </ul>
 
</div> <p><b>Analyst QuickTake: </b> <a href="https://sp-edge.com/companies/75532"> CrowdStrike </a> , a major competitor in the CNAPP space, expanded the cloud application security capabilities of its Falcon platform with the acquisition of <a href="https://sp-edge.com/updates/22014"> application security posture management company Bionic </a> in September 2023. Other notable players in the cloud-native application security space include <a href="https://sp-edge.com/companies/201465"> Microsoft </a> , <a href="https://sp-edge.com/companies/75116"> Zscaler </a> , and <a href="https://sp-edge.com/companies/761490"> Orca Security </a> .</p>

Palo Alto updates Prisma Cloud for integrated cloud security

Palo Alto Networks, a leading cybersecurity company, is in advanced negotiations to acquire cloud data security startup Dig Security for between USD 300 million and USD 400 million. The acquisition will enhance Palo Alto's existing data loss prevention tools, which aim to protect private information and intellectual property. Dig Security, founded in 2021, provides a solution that helps organizations secure data across multiple cloud platforms. The platform uses a detailed threat model to quickly respond to cloud data threats. Dig has raised USD 45 million in funding and the acquisition is part of Palo Alto's strategy to address evolving cybersecurity threats and competition in the industry.

Palo Alto set to acquire Dig Security in USD 300 million+ deal

Palo Alto Networks is in talks to acquire Israeli secure enterprise browser vendor, Talon Cyber Security, for $600 million. This acquisition would enhance Palo Alto's web security capabilities, allowing them to better detect threats such as phishing, malware, and command and control. Talon provides secure access to applications and data, as well as user activity visibility and security features like authentication and data loss prevention. This would be Palo Alto's first acquisition in nine months, following its acquisition of 13 other companies since 2018. Other cybersecurity firms like CrowdStrike, Tenable, and Check Point have also recently acquired Israeli firms.

All Updates

Palo Alto to acquire IBM QRadar Assets in customer acquisition move

Palo Alto announces new AI-powered security solutions

Palo Alto launches Prisma SASE 3.0, extending protection to unmanaged devices

Palo Alto Networks announces AI-powered zero-trust solution

Palo Alto confirms Talon and Dig acquisitions

Palo Alto updates Prisma Cloud for integrated cloud security

Palo Alto set to acquire Dig Security in USD 300 million+ deal

Palo Alto reportedly in talks to acquire Talon Cyber Security

Palo Alto Networks introduces CI/CD security for Prisma Cloud platform

Palo Alto Networks reports Q3 FY2023 results; beats analyst estimates

Next-gen Cybersecurity

Palo Alto to acquire IBM QRadar Assets in customer acquisition move

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