Announced
Synopsis
, an application risk management company, completed the acquisition of Longbow Security, a company specializing in security risk management for cloud-native environments. Financial terms were not disclosed. “Security teams are drowning in alerts that lack sufficient detail on the level of business risk, degree of exploitability of a flaw, and specific code-level insight to keep pace with remediation requirements. As a result, risk continues to accumulate. With the combination of Veracode and Longbow, teams can get a comprehensive view of their risk, automate prioritization of what matters most, and, with Veracode Fix, automate remediation of code security flaws,” Brian Roche, Veracode Chief Product Officer.
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