Google To Strengthen Security of its Cloud Services; Acquires Israeli Cybersecurity Startup Siemplify

Terms of the deal not disclosed but it is rumoured that Google paid US$500 million in cash


Vrisha Phrabhakaran

7 Jan, 2022

Google To Strengthen Security of its Cloud Services; Acquires Israeli Cybersecurity Startup Siemplify | BEAMSTART News

- From our Sponsors -

Google’s parent company, Alphabet announced this week its acquisition of Siemplify, a SOAR (security orchestration, automation and response) specialist.

The giant search engine based company plans on including Siemplify’s services alongside Google Cloud’s Chronicle to boost cybersecurity measures.

This comes after a record-breaking number of cyber attacks in 2021 and the cybersecurity breaches are becoming more malicious and sophisticated over time.

Moreover, with consumers relying further on digital services, it is a critical time for Google to improve its cybersecurity measures.

Community Q&A

According to Google Cloud Security vice-president and general manager, Sunil Potti, the goal of the acquisition is to “solve more incidents with greater complexity while requiring less effort and less specialised knowledge”.

Siemplify will allow the Chronicle to manage security threats more efficiently at a lower cost.

- Featured Sponsor -

Siemplify previously raised US$58 million during its last investment round in 2019.

In 2021, the cybersecurity company saw a 75% increase in its consumer base.

Siemplify will now be the first cyber acquisition by Alphabet outside the US.

Meanwhile, this is not the only measure taken by Alphabet to improve cybersecurity.

Recently, Google announced its updates to Google Chrome after revealing multiple vulnerabilities on the browser in a new blog post.


- From our Sponsors -

Latest Jobs

Business Development Manager

Lumirous

Kuala Lumpur, Malaysia

Full Time

Salary Undisclosed

Strategy and Growth Lead

Pluang

Jakarta, Indonesia

Full Time

Salary Undisclosed

UI/UX Designer

Soft Space

Kuala Lumpur, Malaysia

Full Time

Salary Undisclosed

HR Consultant/Recruiter

Fortune Cookie Wisdom Pte Ltd

Remote, Singapore

Contract / Freelance

Salary Undisclosed

Senior Analyst, Product

Carsome

Petaling Jaya, Singapore

Full Time

Salary Undisclosed

Finance Associate, OTC

Grab

Petaling Jaya, Malaysia

Full Time

MYR 4000 — MYR 8000 monthly

Senior Data Scientist

Fave

Kuala Lumpur, Malaysia

Full Time

Salary Undisclosed

Shopee Apprentice Program

Shopee

Kuala Lumpur, Malaysia

Internship

MYR 400 — MYR 600 monthly

Massage Therapist

Japanese Body Therapy

Suntec City, Singapore

Full Time

SGD 2500 — SGD 4300 monthly

Junior Java Developer/ Freshers

IDC Technologies Pte. Ltd.

Singapore

Contract / Freelance

SGD 2000 — SGD 2300 monthly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.

 

Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2022 BEAMSTART. All Rights Reserved (Legal).