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Palo Alto announces the acquisition of Cider Security

by techsterhub bureau
December 20, 2022
Palo Alto Networks to release the financial results for its first quarter 2023
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Palo Alto Networks (NASDAQ: PANW), the global leader in cybersecurity, announced today that it has completed the acquisition of Cider Security (Cider), a pioneer in application security (AppSec) and software supply chain security. Modern applications are rapidly being developed through continuous integration and continuous delivery (CI/CD) pipelines, but security at this stage of the application lifecycle is inconsistent, siled, or worse, simply non-existent. According to Gartner®, by 2025, 45% of organizations worldwide will have experienced attacks on their software supply chains, a triple increase from 20211. With the addition of Cider’s cutting-edge capabilities, the Palo Alto Networks Prisma® Cloud Platform helps customers shift security to the left, to proactively prevent threats and vulnerabilities before applications are deployed to production cloud environments.

“We are very pleased to officially welcome Cider Security to Palo Alto Networks,” said Nikesh Arora, Chairman and CEO of Palo Alto Networks. “Cider’s technology provides deep visibility and analysis of the tools and processes used throughout the application development lifecycle, resulting in the ability to identify and remediate critical risks at every step, and to continue to provide innovative solutions that keep our customers ahead of new ones protect against threats.”

Palo Alto Networks Prisma Cloud is the industry’s most comprehensive cloud-native application protection platform, revolutionizing the way enterprises protect their multicloud environments. In addition to the recently added software composition analysis (SCA) and secret scanning capabilities to its cloud-native application protection platform (CNAPP), Prisma Cloud’s integration of cider capabilities will bring security to the forefront of the development lifecycle targeting potential CI/CD pipeline risks and deployment of remedial solutions. With Prisma Cloud, customers strengthen their ability to build secure applications and improve security posture, delivered by a single unified platform to secure complex cloud environments.

 

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