Check Point, Cisco Boost AI Investments with Latest Deals

Check Point, Cisco Boost AI Investments with Latest Deals

August 30, 2024 at 07:39AM

Cybersecurity giants Check Point Software and Cisco are continuing their investments in AI, with recent acquisitions of startups Cyberint and Robust Intelligence. Both companies aim to strengthen their AI capabilities for threat detection and risk management. Check Point seeks to expand its security operations center with Cyberint’s expertise, while Cisco plans to incorporate Robust Intelligence’s AI model security and governance into their Security Cloud roadmap.

The meeting notes discuss the recent acquisitions of two startups specializing in AI threat detection and risk management by Check Point Software and Cisco. Check Point is acquiring Cyberint, a provider of external risk management, while Cisco is acquiring Robust Intelligence, a company that offers technology for AI threat detection and risk assessment. These acquisitions are seen as strategic moves to enhance the companies’ cybersecurity platforms and provide new revenue streams. The notes also highlight the potential benefits of these acquisitions, such as bolstering the use and protection of AI, enhancing security operations center capabilities, and filling gaps in the existing security portfolios. The acquisitions are expected to further strengthen the overall platform portfolios of both Check Point and Cisco as top cybersecurity platform providers.

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