Rapid7 to Acquire Noetic Cyber

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Risk and threat detection company Rapid7 has agreed to acquire cyber asset attack surface management business Noetic Cyber. After signing a definitive purchase agreement on July 1, 2024, Rapid7 said adding Noetic’s CAASM solution to Rapid7’s existing cybersecurity offerings will provide more comprehensive visibility of a customer’s environment, including visibility into both internal and external assets, on-premise and in the cloud.

“Fragmented attack surface is stifling security productivity, efficiency, collaboration, and credibility,” said Rapid7 CEO Corey Thomas. “The addition of Noetic’s solution to our platform positions Rapid7 to deliver the most productive security operations experience while making it more accessible to the teams who need it most.”

Noetic Cyber was co-founded in 2019 by Paul Ayers, Allen Hadden, and Allen Rogers. The business takes a proactive approach to cyber asset and exposure management, empowering security teams to see, understand, and fix their security posture and control drift.

Rapid7 says adding Noetic’s CAASM solution to their inventory list will allow customers to;

  • More fully understand their attack surface with a high-context, inside-out view and an adversary-aware, outside-in view to efficiently anticipate threats and manage risk;
  • Enable focused prioritisation and fidelity with threat-aware context to recognise the most acute risk signals and exposures;
  • Drive better signal-to-noise across security teams by effectively and continually improving asset inventory and content to reduce risk and build resiliency with pragmatic remediation guidance and automation; and
  • Create efficiency and productivity for security teams, giving them highly correlated asset and resource views along with searchable risk context.

“The addition of Noetic Cyber to Rapid7’s portfolio ensures even more security teams can be confident they have the right visibility of their security data,” said Noetic Cyber CEO Paul Ayers. “Rapid7 customers will now be able to better prioritise exposures based on the meaningful insights from Noetic and take action to identify security gaps and reduce cyber risk.”

Rapid7 expects to finalise the acquisition by September 30, 2024, after which they expect to make Noetic Cyber capabilities available to its customers.

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