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Reviews McAfee / Fireeye Fusion Completed

12:55  11 october  2021
12:55  11 october  2021 Source:   zdnet.de

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FireEye (Bild: FireEye) © default_credit Fireeye (Image: Fireeye) McAfee Enterprise and Fireeye completed their $ 1.2 billion heavy fusion on Friday, which matches the two cyber safety giants.

Fireeye in July announced the sale of its Fireeye Products business to a consortium led by the Symphony Technology Group (STG) and thus the company's network, e-mail, endpoint and cloud security products from the software and The services of Mandiant separated.

In March, McAfee sold its corporate security business worth $ 4 billion to STG and thus paved the way for the merger of the two companies.

The two companies now have a common customer base of 40,000, about 5,000 employees and sales of almost 2 billion dollars.

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"The combination of McAfee Enterprise's device-to-cloud cyber security solutions with the rugged product portfolio of Fireeye represents an exceptional opportunity to provide the customer everywhere," says William Chisholm, Managing Partner of Stg.

Bryan Palma, CEO of the new company, said that McAfee Enterprise and Fireeye teams will be able to develop an integrated security platform based on artificial intelligence and automation.

In an interview with ZDNET, Palma explained that the sophistication of threats and lack of cybersecurity talents means that companies have to rely on automation, artificial intelligence and machine learning.

"People can not keep up, and we just see that. We now have nation states that are involved in attacks, and that is very worrying, because they obviously have very strong skills. But we see that some of the techniques that were traditionally used by nation states will now be used by criminal groups and hackers, "said Palma.

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"We also see these attacks on the supply chain, which we were of course directly involved in Fireeye by the incidents at Solarwinds. There are still so many Zero-Day attacks, and this is still an inventory for many hackers. There are ransomware and still good, old-fashioned phishing. There is a combination of really new, sophisticated threats that have laid the bar in my opinion, and the traditional methods with which hackers are behind companies. "

Palma came to Fireeye in February 2021, at the highlight of the indignation The SolarWinds scandal, which was still not elucidated by the US government.

Palma added that there are not many overlaps between the two companies, so every page can contribute different things. He said that the merger will enable both companies to offer more robust endpoint services, cloud protection and security operations.

For the future, Palma emphasized that the new company focuses on taking a pioneering role with XDR and statistical models to counter the sophistication of attackers. "We are a real, down-to-earth security company, and that's what people take care of in our company. We have a large number of professionals who are very well educated and very experienced in this area. "

on the question of how the new company is called, Palma explained that companies conclude the financial year under the name McAfee Enterprise and Fireeye before you decide for a new name. He said the company does not have the name McAfee Enterprise beyond the year 2021, so you must come up with something new for 2022.

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