Orange has invested an undisclosed sum in enterprise-focused cyber security firm SecBi.

The France-based operator’s Digital Ventures arm is one of three companies to have taken part in a funding round for the Israel-based start up, which was founded in 2014.

SecBi’s software automates threat detection and incident investigation by using proprietary machine learning technology to analyse network security log data.

The company’s Co-Founder and CTO Alex Vaystikh said: “We’re developing cutting edge technology that enables businesses to investigate and mitigate threats more quickly and accurately – and with a lot less headache.

“How? By finding threats that other solutions miss, and delivering a full narrative and incident report that includes all affected users, domains, assets and more.”

In common with other telcos, Orange is looking to boost its offering to enterprises as security rises up the corporate agenda.

Pierre Louette, Orange’s Deputy CEO and President of Orange Digital Ventures, said: “As cyber threats are expanding even more rapidly both in volume and sophistication, cybersecurity is becoming a top concern and priority for businesses.

“We believe that SecBI’s capacity to use fragments of data to produce a full end-to-end story representing a complete incident is unique.

“SecBI’s threat detection system reduces breach response time and optimizes mitigation of the most advanced threats. This is the kind of solution our customers are waiting for.”

Earlier this year, Orange acquired France-based IT security firm Lexsi.

Read more

Orange is the new bank

More News

Wind Tre eyes digital services with Matrixx platform Wind Tre eyes digital services with Matrixx platform Wind Tre is the latest European operator to tap Matrixx Software for its digital commerce platform. More detail
Former Telia CEO Nyberg is one of three indicted over Uzbekistan fraud scandal Former Telia CEO Nyberg is one of three indicted over Uzbekistan fraud scandal The former CEO of Telia and two execs from its Eurasia division have been indicted over the fraud scandal that has cost it $965 million. More detail
Deutsche Telekom and Proximus back enterprise-focused start-ups Deutsche Telekom and Proximus back enterprise-focused start-ups Deutsche Telekom and Proximus are investing in a chatbot and an entrepreneur community as they look to back emerging businesses in their home markets. More detail
Deutsche Telekom dips toe into content production with new French farce Deutsche Telekom dips toe into content production with new French farce Germans "invading" a French village to save it from bankruptcy is the unlikely setting for Deutsche Telekom's first foray into content production. More detail
Telia settles Uzbek corruption case for $965 million, three former employees to be prosecuted Telia settles Uzbek corruption case for $965 million, three former employees to be prosecuted Telia will pay just shy of $1 billion to settle a corruption investigation into its opco in Uzbekistan, as three former employees face further charges from the Swedish Prosecution Authority. More detail
    

@eurocomms