In a recent move, cybersecurity company Palo Alto Networks has made a strategic decision to focus on secure coding by acquiring Cider Security for a whopping $195 million. This acquisition is expected to further enhance Palo Alto Networks offering in the rapidly evolving cybersecurity landscape.
Cider Security is a leading provider of secure coding tools and services that help organizations identify and fix vulnerabilities in their software applications. The companys platform enables developers to proactively secure their code and prevent security breaches before they occur.
By acquiring Cider Security, Palo Alto Networks aims to strengthen its capabilities in the area of secure coding. With the increasing number of cyber threats targeting software applications, secure coding has become a critical aspect of cybersecurity. Palo Alto Networks sees this acquisition as a strategic move to stay ahead of the curve and provide its customers with the best possible protection against cyber attacks.
The acquisition of Cider Security will not only enhance Palo Alto Networks product offerings but also expand its customer base. By integrating Cider Securitys technology into its existing platform, Palo Alto Networks will be able to provide comprehensive secure coding solutions to its customers. This, in turn, will help the company to solidify its position as a leader in the cybersecurity industry.
Customers can expect Palo Alto Networks to ramp up its efforts in promoting secure coding practices and providing them with the necessary tools and resources to secure their software applications. With Cider Securitys expertise and technology now part of Palo Alto Networks portfolio, customers can rest assured that their applications are well-protected against cyber threats.
Secure coding is essential for preventing cyber attacks as it helps eliminate vulnerabilities in software applications that hackers can exploit. By adopting secure coding practices, organizations can reduce the risk of security breaches and protect their sensitive data from falling into the wrong hands.
With the Cider deal, Palo Alto Networks is reaffirming its commitment to cybersecurity and its focus on secure coding. By investing in secure coding tools and services, the company is taking proactive steps to safeguard its customers data and ensure their continued trust and confidence in its offerings.
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Palo Alto Networks prioritizes secure coding with $195M Cider Deal.