Bugcrowd, the renowned crowdsourced security provider, has recently made headlines with its acquisition of Informer, a leading external attack surface management (ASM) and continuous penetration testing provider. This acquisition is set to enhance Bugcrowd’s position as an innovator in the field of cybersecurity, offering advanced solutions to a diverse range of customers across various industries.
With the integration of Informer’s expertise and technologies into Bugcrowd’s portfolio, the company aims to further expand its global reach and capabilities, providing customers with proactive security solutions to address evolving cyber threats. Bugcrowd’s CEO, Dave Gerry, expressed his excitement about the acquisition, emphasizing the company’s commitment to growth and innovation in the cybersecurity space.
The acquisition of Informer is particularly significant in the realm of modern security practices, as ASM plays a crucial role in organizations’ cybersecurity strategies. Informer, founded in 2014, specializes in scalable external ASM software that combines continuous asset discovery and expert penetration testing. By joining forces with Bugcrowd, Informer aims to disrupt the traditional penetration testing market and strengthen its position in the crowded security industry.
Marios Kyriacou, CEO of Informer, highlighted the synergies between the two companies, stating that the collaboration will give them a competitive edge in the market. Informer’s ASM platform automates the identification of external attack surfaces and provides specialized penetration testing services to its clients, offering real-time visibility into potential vulnerabilities. The combination of Bugcrowd’s crowdsourced security platform and Informer’s ASM software is expected to deliver enhanced value to customers seeking comprehensive threat and exposure management solutions.
Bugcrowd’s Chief Operating Officer, Tanya Gay, emphasized the strategic value of Informer’s ASM platform and penetration testing capabilities, which will complement Bugcrowd’s existing offerings. The integration of Informer’s technology into Bugcrowd’s platform will enable customers to benefit from a comprehensive suite of cybersecurity solutions powered by the collective expertise of the global hacker community.
Overall, Bugcrowd’s acquisition of Informer marks a significant milestone in the company’s mission to provide cutting-edge cybersecurity solutions to its customers. By leveraging Informer’s innovative ASM platform and penetration testing technology, Bugcrowd is well-positioned to meet the evolving security needs of organizations worldwide. This strategic move underscores Bugcrowd’s commitment to ongoing growth and innovation in the ever-changing landscape of cybersecurity.