Enzoic, a leader in identity threat detection and protection, announced the acquisition of VeriClouds, a pioneer in compromised password data collection. This acquisition will unite the strengths of both companies, enabling Enzoic to deliver even more innovative solutions under its established brand.
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The collaboration combines the top talent from both organizations, setting the stage for cutting-edge advancements in cybersecurity. Together, Enzoic and VeriClouds aim to redefine the compromised credential marketplace with deeper data insights and enhanced capabilities.
“The combination of Enzoic and VeriClouds is a strategic move that allows us to jointly leverage new capabilities and expand our reach. Together, we unlock deeper data and new possibilities that redefine the compromised credential marketplace. VeriClouds’ commitment to customer success will help drive us forward, ensuring that we deliver even greater value to all of our customers. We are delighted to be working with the VeriClouds team,” said Kristen Ranta Haikal Wilson, Cofounder & CEO, Enzoic.
The merger will enhance the threat intelligence services offered by both companies, integrating over 3,000 monitored sources from VeriClouds and additional data sources from Enzoic. This partnership will result in a comprehensive identity threat intelligence service, providing customers with more robust password and credential data.
“The acquisition of VeriClouds is a natural fit that allows us to deliver the most comprehensive compromised credential protection service in the market. By combining our innovative technologies and industry expertise, we’re not only enhancing our capabilities but also redefining how businesses secure their digital identities. Together, we’re disrupting the status quo, setting a new benchmark for the industry, and reinforcing our commitment to staying ahead of evolving security threats,” said Stan Bounev, CEO, VeriClouds
As the transition progresses over the next few months, both Enzoic and VeriClouds assure customers and partners that there will be no disruption to existing services. The organizations are committed to ensuring a smooth and seamless integration process.
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Source – Businesswire
