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Verizon Buys ML-based Threat Detection Startup Niddel

7 months ago
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Verizon Buys ML-based Threat Detection Startup Niddel Image Credit: Niddle

Adding to its portfolio of managed security detection and response services for enterprise customers, Verizon has acquired privately held Niddel, a company offering machine-learning-based automated threat hunting.

Niddel Magnet is an automated end-to-end solution on threat hunting from collection to operational use. Magnet performs the work of security analysts at unprecedented speed, economy and objectivity, and scale. It investigates the relationship between indicators of compromise (IOCs), their inferred Tactics, Techniques and Procedures (TTPs) and log or event data generated by their organization. Transforming millions of raw data indicators into tens of high confidence alerts, so analysts can focus on investigating qualified leads.

Niddel’s advanced technology and services will soon be integrated into, and enhance, Verizon’s existing offerings

Alexander Schlager, Verizon's Executive Director for Security Services
Using machine learning to improve information accuracy significantly reduces false positives and significantly improves our detection and response capabilities. Niddel’s Magnet software is an innovative threat-hunting system, and we look forward to integrating this automated solution into the already robust set of managed security services offered by Verizon.

Felipe Boucas, CEO of Niddel 
Verizon is the perfect partner to accelerate our long-term vision of delivering automation and intelligence solutions through machine learning to more organizations throughout the world.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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