The amount of ransomware and other cyberattacks has been increased rapidly. RiskIQ, a cybersecurity firm known for working with organizations like Facebook and US postal services, will be acquired by Microsoft.
The acquisition will focus on Microsoft’s customers to address unique risks created by remote work and relying on cloud computing. Rumor has that Microsoft paid more than $500million to buy RiskIQ.
Elias Manousos, Founder and CEO of RiskIQ, said, “We couldn’t be more excited to join forces to enable the global community to defend against the rising tide of cyberattacks.”