LogRhythm on Wednesday announced that it has acquired MistNet, a cloud-based analytics platform that delivers vast network visibility and accurate threat detection.
The acquisition will allow LogRhythm to deliver intelligent, machine-learning based detection and response capabilities that incorporate network detection, user and entity behavior analytics (UEBA), endpoint detection and response data (EDR), and additional MITRE ATT&CK detections to solve current and emerging security and risk problems.
The acquisition delivers the ability to collect and enrich tremendous amounts of security data ‘on location,’ generating exceptionally accurate behavioral models and threat models without having to move any of the data. MistNet’s patent-pending TensorMist-AI technology also brings powerful AI capabilities to LogRhythm by constructing a geo-distributed meshed data pipeline that combines scale-out data management with distributed processing analytics. This provides improved network visibility to increase detection and reduce the time to respond to advanced persistent threats (APTs) that are commonly able to bypass traditional perimeter defenses.
LogRhythm’s comprehensive SaaS platform and cloud collection capabilities, combined with MistNet's distributed analytics, will empower customers to manage their security and compliance needs easily and with the highest return on investment. MistNet’s network detection and response capabilities, along with LogRhythm Labs’ vast library of out-of-the-box threat detection, compliance and operating technology solutions, enables customers to realize value quickly and with minimal effort and required knowledge. Customers can deploy MistNet as a standalone solution or in combination with the LogRhythm NextGen SIEM Platform.
Mark Logan, president and CEO of LogRhythm
MistNet complements our existing SIEM platform by enhancing deep network visibility, behavior analytics and threat detection capabilities and will accelerate LogRhythm’s reach into the XDR market.
Geoffrey Mattson, president and CEO of MistNet
The acquisition creates significant product synergy at the convergence of XDR and SIEM that will positively impact the industry, including the potential for accelerating detection based on open frameworks such as MITRE ATT&CK and driving additional use cases for supply chains, public cloud and IoT/OT security.
