Palo Alto Buys Israeli Cybersecurity Company Demisto for $560 Million

(Globes) U.S. cybersecurity company Palo Alto Networks is acquiring Israeli cybersecurity company Demisto for $560 million. Demisto's automated security technology playbooks have helped reduce alerts that require human review by as much as 95%, allowing security teams to focus on the most complex threats. Demisto CEO Slavik Markovich said, "We have dedicated ourselves to the challenge of automation because we believe that relying on people alone to combat threats will fail against the scale of today's attacks."


2019-02-21 00:00:00

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