Mitiga, the leading cloud and SaaS incident response company, has announced a strategic investment from Cisco Investments. The investment will assist Mitiga in expanding its market adoption among enterprises seeking advanced security solutions for their cloud and SaaS environments. Mitiga is recognized for its Cloud Investigation and Response Automation (CIRA) solution called IR2, which is at the forefront of the emerging wave in cloud investigation and response capabilities.
Tal Mozes, co-founder and CEO of Mitiga, expressed his enthusiasm about the investment from Cisco Investments, stating, “We are thrilled to add Cisco Investments to our group of investors and see it as a huge opportunity to have a larger influence on the CIRA market. I’ve been in the cybersecurity industry for over 25 years, and during that time there have been few advancements in the ways companies handle incident response (IR). Prior to Mitiga entering the market, IR was only offered as a professional service which is not compatible with a modern architecture that includes cloud and SaaS applications. Today, incident response needs to deliver faster response times, reduced investigation overhead and continuous attack detection. We look forward to working with Cisco to continue delivering modern solutions that help companies minimize the impact of inevitable cloud and SaaS related breaches.”
Recognizing the need for innovative solutions, Gartner recently defined CIRA as “an emerging technology that forensically collects, analyzes and applies analytics and machine learning on cloud and various forensic data sources. The defining goal of these offerings is to forensically analyze incidents, find and collect related files, and correlate log events in support of comprehensive investigations of confirmed threats. These tools are also leveraged for human resource violations, legal cases, and data breach events for legal cases or law enforcement.”
Mitiga offers the industry’s only complete CIRA solution, simplifying and significantly speeding up cloud and SaaS breach investigations. The company’s IR2 platform utilizes a constantly growing cloud attack scenario library (CASL) to perform continuous hunts for emerging attacks. When a breach occurs, IR2 proactively collects, organizes, and analyzes forensic-level data, providing instant insights through a single pane of glass. By compressing the investigation time from weeks or months to hours, Mitiga’s solution reduces recovery time and minimizes incident-related damage, allowing customers to resume their business operations quickly.
With the investment from Cisco Investments, Mitiga aims to strengthen its position in the CIRA market and continue developing modern solutions that help organizations navigate the challenges posed by cloud and SaaS related cyber threats.
About Mitiga:
Mitiga is a leading cloud and SaaS Incident Response company, known for its IR2 platform. The platform offers the industry’s most comprehensive SaaS and Cloud Investigation and Response Automation (CIRA) solution. Mitiga’s IR2 platform continuously hunts for emerging attacks using its cloud attack scenario library (CASL), the first and only database dedicated to cloud and SaaS multi-vector hunts. When a breach occurs, IR2 gathers, organizes, and analyzes forensic-level data, providing instant insights through a unified interface. Mitiga’s dedicated team of incident responders also offers unlimited investigation support to assist customers in addressing cloud-related risks. With a focus on keeping cloud-driven enterprises ready, responsive, and resilient, Mitiga remains dedicated to delivering cutting-edge solutions. For more information, visit www.mitiga.io.