Palo Alto Networks Buys Its Way Into Digital Forensics With The Crypsis Group

Palo Alto Networks takes over ZP Group-owned The Crypsis Group to beef up its in-house detection and response platform Cortex XDR with digital forensics capabilities and grow consulting prowess.  

One of the leading cybersecurity vendors, Palo Alto Networks plans to push the boundaries of digital forensics and incident response with the acquisition of The Crypsis Group. The company struck a $265 million deal with The Crypsis Group’s parent ZP Group, a security consultancy to bulk up its in-house detection and response solution Cortex XDR. The buy would also help Palo Alto Networks position Cortex XDR as a premium SOAR offering.

Nikesh Arora, Chairman and CEO at Palo Alto Networks said, “The proposed acquisition of The Crypsis Group will significantly enhance our position as the cybersecurity partner of choice, while expanding our capabilities and strengthening our Cortex strategy.”

The solution will enable security consultants to pinpoint exactly where and why a security incident occurred and provide the means to ensure it is sealed for all future attacks.  Arora adds, “By joining forces, we will be able to help customers not only predict and prevent cyberattacks but also mitigate the impact of any breach they may face.”

Learn More: The Complete Guide to Incident Response

Over 150 of The Crypsis Group’s consultants will join Palo Alto Networks including its CEO Bret Padres. Padres said, “We have dedicated ourselves to creating a more secure world through the fight against cybercrime.” Additionally, these consultants have handled more than 1,300 incidents annually for over 1,700 organizations across the healthcare, financial services, retail, e-commerce and energy industries. Padres adds, “Together with Palo Alto Networks, we will be able to help businesses and governments better respond to threat actors on a global scale.” 

This acquisition would be Palo Alto Networks’ seventh since the addition of Security Orchestration, Automation and Response (SOAR) provider Demisto in February 2019.   

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