Darktrace, a prominent leader in AI-driven cybersecurity solutions, has announced its intent to acquire Cado Security, a UK-based provider specializing in cyber investigation and response.
The acquisition, which is set to be finalized by February 2025, pending regulatory approval, is part of Darktrace’s strategy to bolster its cloud forensic capabilities.
Strengthening Cloud Security with AI and Forensics Integration
The collaboration will merge Cado Security’s cutting-edge forensic investigation technology with Darktrace’s ActiveAI Security Platform. This integration is expected to significantly enhance the platform’s ability to collect and analyze data from multiple cloud environments, providing more robust support for cybersecurity teams in the face of growing cloud-based threats.
By combining forces, Darktrace aims to enhance the efficiency of its Cyber AI Analyst, improving how alerts are investigated and prioritized during security incidents.
Expertise Driving the Acquisition
Cado Security’s co-founders bring impressive credentials to the table:
- James Campbell, CEO, previously held a leadership role at PwC and was Assistant Director of Operations for Australia’s National Incident Response capability at the Australian Signals Directorate.
- Chris Doman, CTO, is renowned for developing the ThreatCrowd threat intelligence platform, which became a core part of AlienVault Open Threat Exchange before its acquisition by AT&T.
Building on Recent Cloud Security Innovations
This acquisition underscores Darktrace’s continued investment in cloud security following its recent launches of Darktrace/CLOUD for AWS and Microsoft Azure. It also addresses growing concerns around cloud security, as research shows that cloud-based platforms and SaaS applications remain a primary target for cyberattacks.
Global R&D Collaboration to Drive Innovation
Cado Security’s research and development teams, based in London and Bristol, will work closely with Darktrace’s R&D centers in Cambridge, UK and The Hague, Netherlands. This collaboration aims to accelerate innovation in cloud detection and response solutions.
Leadership Perspectives on the Merger
Darktrace CEO Jill Popelka highlighted the importance of Cado’s expertise in cloud forensics, noting that the acquisition will enhance their ability to protect customers through better cloud-based data collection and investigation tools.
Cado Security’s Co-Founder James Campbell expressed excitement about the partnership, emphasizing the complementary nature of the two companies’ technologies and their shared focus on innovation and growth.
A Strategic Expansion of AI Cybersecurity Solutions
This acquisition follows Darktrace’s recent acquisition by private equity firm Thoma Bravo, signaling the company’s continued commitment to expanding its AI-augmented cybersecurity solutions. By strengthening its cloud forensics and incident response capabilities, Darktrace is positioning itself to address evolving cybersecurity challenges in an increasingly cloud-reliant digital landscape.
Dimitris is an Information Technology and Cybersecurity professional with more than 20 years of experience in designing, building and maintaining efficient and secure IT infrastructures.
Among others, he is a certified: CISSP, CISA, CISM, ITIL, COBIT and PRINCE2, but his wide set of knowledge and technical management capabilities go beyond these certifications. He likes acquiring new skills on penetration testing, cloud technologies, virtualization, network security, IoT and many more.
