Cisco Bolsters AI-Powered Cybersecurity with SnapAttack Acquisition

Cisco Systems, Inc. (CSCO) has completed its acquisition of SnapAttack, a privately held company that offers a threat detection and engineering platform. This strategic move is expected to significantly enhance Cisco's AI-powered cybersecurity offerings, providing customers with more advanced and efficient threat detection and management capabilities. The acquisition will also enable Cisco to offer a seamless and simple threat detection and engineering solution, helping customers to modernize their security information and event management (SIEM) systems.

SnapAttack's platform provides critical technology, intellectual property, and expertise to help Cisco's Splunk further accelerate its organic threat detection content and engineering roadmap. This will enable organizations to power the Security Operations Center (SOC) of the future, better protecting their networks, data, and overall infrastructure from evolving cyber threats.

The acquisition of SnapAttack brings several strategic advantages to Cisco's existing security portfolio, which will be leveraged to enhance the company's competitive position. These advantages include:

1. Enhanced Threat Detection and Engineering (TD/E) Capabilities: SnapAttack's complete TD/E management lifecycle solution provides security analysts with the ability to continuously assess, organize, and optimize their security content. This will help Cisco's Splunk further accelerate its organic threat detection content and engineering roadmap, enabling organizations to power the SOC of the future.
2. Simplified Migration to Splunk Enterprise Security: SnapAttack helps customers migrating to Splunk Enterprise Security from competing solutions to easily adapt, deploy, and validate their existing security content onto Splunk. This simplifies the migration process and modernizes the SIEM strategy for these customers.
3. Expansion of Security Offerings for Splunk: The acquisition of SnapAttack will help Cisco further build out the security offerings of Splunk, which it acquired in March 2024 for $28 billion. This expansion will enable Cisco to better compete in the security market and provide more comprehensive solutions to its customers.
4. Strengthening Cisco's Position in the AI Security Market: By integrating SnapAttack's technology, intellectual property, and expertise into its existing security portfolio, Cisco will strengthen its position in the AI security market. This will enable the company to better compete with other major players in the industry and provide more advanced security solutions to its customers.

The integration of SnapAttack's threat detection and engineering platform with Cisco's Splunk business contributes to the overall digital resilience of Cisco's customers in several ways. These contributions include:

1. Accelerated Threat Detection and Engineering Roadmap: SnapAttack's platform provides critical technology, intellectual property, and expertise to help Cisco's Splunk further accelerate its organic threat detection content and engineering roadmap. This means that Cisco's customers will have access to enhanced and more advanced threat detection capabilities at a faster pace.
2. Improved Detection Engineering Experience: SnapAttack's platform offers market-leading capabilities such as detection content discovery, authoring and lifecycle management, continuous detection validation, and AI/ML for detection content and additional use cases. These features ensure that defenders have access to the best tools to protect their organizations.
3. Customer Satisfaction and Expansion: By rapidly delivering enhanced threat detection and engineering features, Cisco can protect and expand its customer base. This reinforces Splunk as an innovator in the market and helps Cisco win new customers who may be on the f