CrowdStrike to buy identity security startup SGNL for $740 million to tackle AI threats


CrowdStrike logo is seen in this illustration taken July 29, 2024. REUTERS/Dado Ruvic/Illustration

Jan 8 (Reuters) - CrowdStrike ‌said on Thursday it would buy identity security startup SGNL in ‌a deal valued at $740 million aiming to enhance its cybersecurity tools ‌to help customers counter artificial intelligence-powered threats.

The cybersecurity company looks to benefit from SGNL's "continuous identity" technology to prevent hackers from exploiting user identities as entry points for data theft with constant evaluations ‍at a time when businesses are increasingly granting autonomous ‍access to AI agents.

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