Tenable has signed an agreement to acquire Eureka Security, a leading data security posture management (DSPM) company.
Tenable is known for its comprehensive security solutions that protect regulatory exposures, while Eureka Security specializes in enhancing cloud data security through innovative DSPM technology.
The acquisition, scheduled to close this month, aims to integrate DSPM's capabilities into Tenable's cloud security platform, specifically enhancing its Cloud Native Application Protection Platform (CNAPP).
This strategic move is designed to provide customers with advanced tools to identify and mitigate cloud data risks. Although financial details of the acquisition were not disclosed, the strategic value is clear, with a focus on enhancing security and compliance for cloud environments.
Tenable leads the market in exposure management, providing solutions that help companies identify and remediate vulnerabilities across their digital environments. Their tools are essential for maintaining security compliance and protecting against potential breaches.
Eureka Security, on the other hand, focuses on securing cloud environments by providing visibility into data security, combating policy drift, and improving security postures over time. Their technology is vital for organizations looking to enhance their cloud data security measures.
The integration of Eureka Security's DSPM technology into Tenable's CNAPP is expected to be completed later this year. This enhancement will provide Tenable customers with a more comprehensive security solution that includes unified CNAPP, robust Cloud Security Posture Management (CSPM), cloud workload protection, and advanced Cloud Infrastructure Entitlements Management (CIEM).
According to the Tenable Cloud Security Outlook 2024 study, a significant percentage of organizations have experienced cloud-related breaches, highlighting the urgent need for advanced solutions like those provided by the Tenable-Eureka partnership.
This acquisition not only addresses these challenges, but also sets a new standard for cloud security technologies.
“Eureka Security will enable Tenable to better prioritize cloud risks and identify toxic clusters beyond vulnerabilities, misconfigurations, and over-privileged access to include data at risk as well,” said Shai Morag, Tenable’s senior vice president and general manager of cloud security.
“We are excited to join Tenable,” said Liat Haiyun, Co-Founder and CEO of Eureka Security. “Integrating our capabilities into Tenable’s CNAPP offering creates a compelling capability for customers. Tenable also provides an expanded customer base and strong go-to-market capabilities. We were unable to find We are a better match to help us expand our mission to reduce cloud data risk globally.
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