Micro Focus completes acquisition of Interset to further expand cyber-security expertise

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Latest acquisition brings advanced machine learning and user and entity behavioural analytics (UEBA) to an already-deep security, risk & governance portfolio

Micro Focus has announced the acquisition of Interset. The addition of this predictive analytics technology adds depth to Micro Focus’ Security, Risk & Governance portfolio, and aligns with the company’s strategy to help customers quickly and accurately validate and assess risk as they digitally transform their businesses.

Interset unlocks the power of user and entity behavioural analytics (UEBA) and machine learning to furnish security professionals with the most-advanced technique for executing rapid and accurate threat-detection analysis. The technology will accelerate Micro Focus’ delivery of a more-robust UEBA offering, and help drive deeper data insights across security and operations that are necessary to execute on the company’s SecOps Analytics vision.

“Security is at the heart of every organisation, and perhaps never more so than as they implement their digital transformation initiatives and leverage emerging technologies to better predict and take action on credible threats,” said John Delk, Senior Vice President and General Manager of Security, Risk & Governance at Micro Focus. “Micro Focus recognised that an even more advanced analytics ecosystem was needed to assist in this journey, and we identified Interset as a critical addition to our strategy.”

Interset has achieved a strong reputation in the market with software that has been proven in key verticals – energy, critical infrastructure, high-tech, aerospace, defence and government – where threat detection is at a premium. The technology will supplement Micro Focus’ Big Data analytics software, Vertica, and add additional value to Micro Focus ArcSight – the world’s leading real-time correlation engine – to deliver a highly differentiated cyber-security solution.

“The combination of the Interset technology with Micro Focus’ broad security portfolio is a powerful combination that will produce a level of protection that will be unmatched in the market,” said Mark Smialowicz, Interset’s Chief Executive Officer. “Our ‘Data In, Intelligence Out’ methodology will deliver an even-more complete set of benefits for our combined customers – allowing them to leverage near real-time information to address both immediate- and long-term threats.”

Key attributes of the Interset technology include:

  • Extensible analytics – With multiple use cases out of the box – including inside threats, targeted attacks, and fraud – the technology eliminates the need for expensive product consultations and customisation.
  • Principled math – The software utilises a growing library of more than 350 proven machine-learning and advanced-analytics models, applying them to both events and entities, to yield a highly accurate means of detecting, connecting, and quantifying high-risk behaviours.
  • Scalable big data – The flexible, open platform combines an advanced-analytics engine with open-source, big-data technology, including Kafka, Spark, Phoenix, Hadoop, HBase, Elasticsearch, ZooKeeper, d3, and Kibana. It can be deployed in the Vertica, Hortonworks or Cloudera infrastructures, scaling to meet the needs of the largest, most-sophisticated environments.

Momentum Cyber acted as exclusive financial advisor to Interset, Strategic Capital Associates acted for Micro Focus and the acquisition is effective immediately. Terms of the deal were not disclosed.

More information
For more information on Micro Focus’ Security, Risk & Governance solutions, visit here.

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About Micro Focus
Micro Focus helps organisations run and transform its business through four core areas of digital transformation: Enterprise DevOps, Hybrid IT Management, Predictive Analytics and Security, Risk & Governance. Our software provides the critical tools they need to build, operate, secure, and analyse their enterprise. By design, these tools bridge the gap between existing and emerging technologies — enabling faster innovation, with less risk, in the race to digital transformation.

About Interset
Interset develops and provides highly intelligent and accurate cyber-threat protection software for insider and targeted outsider threat detection. The company’s software unlocks the power of user and entity behavioural analytics (UEBA), machine learning, and Big Data to provide the fastest, most flexible way for IT security teams to regain control, enabling rapid and accurate threat detection capabilities. Interset augments a wide range of security applications by correlating multiple classes of time series data and analysing to remove false positives and prioritise risk, allowing security teams to stop the theft of sensitive data.

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