Adrian Johnson
TLDR:
- Rapid7 acquires Noetic Cyber, specializing in CAASM, to enhance security operations platform.
- Acquisition aims to improve visibility into internal and external assets, on-premise and in the cloud.
Rapid7 has announced the acquisition of Noetic Cyber, a company focusing on cyber asset attack surface management (CAASM). This acquisition aims to enhance Rapid7’s security operations platform by offering improved visibility into both internal and external assets, both on-premise and in the cloud. The addition of Noetic’s CAASM solution will provide customers with a more comprehensive understanding of their attack surface, offering an inside-out view and an outside-in perspective to manage risks effectively. The combined platform is expected to enable enhanced threat prioritization, improve signal-to-noise ratios for security teams, and increase overall productivity and efficiency.
The addition of Noetic Cyber to Rapid7’s portfolio aims to provide security teams with better visibility of their security data, helping them prioritize exposures and reduce cyber risk. The acquisition is a response to the challenge highlighted in the 2024 Gartner Innovation Insight report, where only 17% of organizations can clearly identify and inventory a majority of their assets. Once finalized, Rapid7 plans to make Noetic Cyber’s capabilities available to its customers later in the summer, promising to aid security teams in continuously improving asset inventory and content to reduce risk and provide practical remediation guidance.
The unified platform offered by Noetic Cyber’s addition to Rapid7’s suite of solutions promises highly correlated asset and resource views, along with searchable risk context, creating efficiency and productivity for security teams. The acquisition is expected to close during Rapid7’s fiscal third quarter and is not anticipated to have a material impact on the company’s 2024 Annualized Recurring Revenue (ARR).
