CYBER VOICE: Exabeam and LogRhythm merger creates new Cybersecurity powerhouse.
Cybersecurity Journalist Iain Fraser July 17, 2024Gibraltar: Monday 17 July 2024 at 14:30 CEST
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CYBER VOICE: Exabeam and LogRhythm have officially merged, creating a new Cybersecurity powerhouse.
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For Immediate Release:
Gibraltar: Monday 17 July 2024 at 14:30 CEST
PRESS RELEASE: Today marks a significant milestone in the world of Cybersecurity. Exabeam and LogRhythm have officially merged, creating a new powerhouse in the industry.
In a strategic move set to define the future of the Cybersecurity landscape, Exabeam, delivering industry-leading AI and automation for accelerated threat detection, investigation, and response (TDIR), and LogRhythm, renowned for its high-integrity, trusted data ingestion, today announced the successful completion of their previously announced merger.
The merger combines unparalleled technological innovation with reliable data to create an AI-driven security operations platform that delivers the most efficient and accurate security information and event management (SIEM) and user and entity behavior analytics (UEBA) solutions in the industry.
Moving forward, the company will leverage the best of both organizations to create a best-of-breed Cybersecurity vendor relentlessly focused on empowering security analysts, security engineers, and CISOs with the tools, intelligence, and guidance needed to safeguard their organizations against cyberthreats.
The company will retain the Exabeam name and refresh the visual brand to represent the merging of two industry leaders and honour the legacy of the long-established LogRhythm brand.
Exabeam has also unveiled its product roadmap and strategy, highlighting the proven, cloud-native AI-driven Exabeam Security Operations Platform that will serve as the foundation of its future product offerings. On-premises LogRhythm SIEM customers will benefit from the powerful analytics offered through the Exabeam platform to combat sophisticated and credential-based attacks.
The company remains committed to quarterly launches to its cloud-native and on-premises SIEM offerings as demonstrated by LogRhythm since July 2022. By integrating AI-driven automation with reliable data, this strategy aims to streamline security operations and accelerate TDIR, empowering security teams to focus on quickly and effectively mitigating complex threats.
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