Palo Alto and Cider Security Revolutionize Supply Chain Security

Palo Alto and Cider Security Revolutionize Supply Chain Security

By Greg Tavarez

The software engineering ecosystem faces security challenges because of the diversity, velocity and dynamic nature that comes with the changing ecosystem. So naturally, bad actors in cyberattacks see the software supply chain as an emerging attack vector.

Cider Security is aware of the emerging attack vector and put its application security platform in place to reshape the way security and engineering teams collaborate and enable fast, secure and scalable software delivery.  To further enhance supply chain security capabilities, Cider Security, through a signed definitive agreement worth around $195 million, becomes part of Palo Alto to support Palo Alto’s Prisma Cloud's platform approach in securing the application security lifecycle from code to cloud.

“Cider has made it possible to connect into infrastructure, analyze the tools and identify the risks as well as how to remediate them,” said Lee Klarich, chief product officer for Palo Alto. “We are acquiring Cider for their innovation that will help enable Prisma Cloud to provide this capability that anyone doing cloud operations has to have."

Prisma Cloud is a complete cloud-native application protection platform that secures applications from code to cloud, enabling security and DevOps teams to effectively collaborate to accelerate secure cloud-native application development and deployment. The acquisition and software composition analysis capabilities further push Prisma Cloud to be a comprehensive supply chain security solution.

“Prisma Cloud will now be the ultimate solution for code-to-cloud security,” said Guy Flecther, CEO at Cider Security. "By scanning and securing the CI/CD pipeline, we can help identify where there may be vulnerabilities in your code.”

The proposed acquisition is expected to close during Palo Alto’s second quarter of fiscal 2023, subject to the satisfaction of customary closing conditions. The acquisition is not expected to have a material impact on the company's financials.




Edited by Erik Linask
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