UPDATED 09:00 EDT / FEBRUARY 21 2024

SECURITY

Resilience acquires BreachQuest to enhance cyber risk management and incident response

Cyber risk management startup Resilience today announced that it has acquired incident response firm BreachQuest Inc. for an undisclosed price.

Founded in 2012 as Arceo Labs Inc., BreachQuest offers an incident response platform for quick data collection and analysis. The platform provides end-to-end readiness and response capabilities that give first responders visibility into when and where a breach occurred.

The BreachQuest platform integrates into cloud office systems, providing an invaluable look back for incident forensics and helping speed incident response efforts, reduce containment time and lower incident costs.

The company says its Priori Platform reimagines visibility by continuously monitoring systems to identify malicious activity instantly. With continuous monitoring, the Priori Platform provides instantaneous information on when a threat is detected on the attack and what endpoints have been compromised, allowing for almost real-time response and containment. The platform collects and analyzes breach data, allowing responders to respond quickly and to ensure efficient, cost-effective recovery.

Resilience intends to use BreachQuest’s capabilities to support its claims management team and address cyber incidents with greater efficacy.

“Resilience shares our mission in helping improve a client’s cyber resilience and lowering the impact of costly cyber incidents,” Shaun Gordon, co-founder and chief executive of BreachQuest, said ahead of the announcement.

Tim Riley, senior vice president of business development at Resilience, added that the “synergy between BreachQuest’s cutting-edge platform and Resilience’s proactive approach to incident management offers our clients the speed, skill, and automation they need to reduce the financial impact of these costly threats.”

Coming into its acquisition, BreachQuest had raised one round of $4.4 million in 2021. Investors included Slow Ventures LLC, JAM Fund LLC and several individual investors.

Resilience is also a venture capital-backed startup, having raised $217 million across four rounds, according to CBInsights. Investors include Intact Ventures, Founders Fund LP, General Catalyst Partners LLC and Lightspeed Venture Partners LP.

Image: BreachQuest

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