Microsoft is said to be buying cybersecurity company RiskIQ

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Microsoft is acquiring security software maker RiskIQ for RM2.09bil say insiders, as the company expands its security features.

Microsoft Corp. has agreed to acquire RiskIQ, a security software maker, as the tech giant tries to expand its products and better protect customers amid a rising tide of global cyberattacks, according to people familiar with the matter.

Its customers include Facebook Inc., BMW AG, American Express Co. and the US Postal Service, according to the company’s web site. Microsoft has been adding security features to products like Windows and its Azure cloud services to protect individual machines and detect attacks on networks. The company has also added personnel who probe Microsoft’s own products for vulnerabilities, help clients clean up after a cyberattack, and runs a lab called the Microsoft Threat Intelligence Center that closely tracks nation-state hackers.

 

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