Jamf announces intent to acquire ZecOps, to provide a market-leading security solution for mobile devices as targeted attacks continue to grow
September 26 2022 - 8:00AM
Jamf (NASDAQ: JAMF), the standard in Apple Enterprise Management,
today announced it signed a definitive agreement to acquire ZecOps,
Inc. a leader in mobile detection and response.
This acquisition uniquely positions Jamf to help IT and security
teams strengthen their organization’s mobile security posture,
accelerating mobile security investigations from weeks to minutes,
leverage known indicators of compromise (IOC) at-scale, and
identify sophisticated 0 or 1 click attacks on a much deeper
scale.
“I am very excited to bring ZecOps’ market-leading advanced
mobile detection and response capabilities into the Jamf platform,”
said Dean Hager, CEO, Jamf. “We believe ZecOps has built a
differentiated solution that meets a very important need for many
organizations - the ability to thoroughly detect and investigate
threats that target mobile users so they can confidently use these
powerful devices for work. This capability further propels our goal
of continuing to bridge the gap between what Apple provides and the
enterprise requires.”
Mobile devices now account for 59% of global website traffic,
and according to the 2022 Verizon Mobile Security Index, close to
half (45%) of companies said that they have suffered a compromise
involving a mobile device in the past 12 months.
ZecOps will bring important capabilities to the Jamf platform to
help address the growing trend of targeted mobile attacks. Jamf
offers robust management and mobile security capabilities for iOS
devices; however, access to deeper insights into potential security
exploits is technically challenging and requires physical access to
the device, which is difficult in a remote work environment. ZecOps
is a robust, unparalleled solution that provides the deepest layer
of insight and assurance for security-conscious customers with high
value targets that need something more. ZecOps provides the same
level of visibility currently available for macOS through Jamf
Protect but for iOS, making it capable of detecting the kinds of
sophisticated mobile threats that Apple’s Lockdown mode aims to
prevent. With ZecOps, users can have both Lockdown mode and ZecOps
software operating at the same time.
Advanced threat hunting on mobile
devicesAdvanced protection of mobile devices requires a
layered approach. Proactive investigation and analysis complement
device management and mobile threat defense for more advanced
detections and preventative protections. ZecOps enables advanced
threat hunting by capturing and analyzing logs from iOS and Android
devices at the operating system layer, allowing security operations
and incident response teams to perform automatic or on-demand
mobile cyber investigations.
Digital forensics and incident responseSecurity
teams are already drowning in data. Event logs, analyst reports,
third-party threat intelligence feeds, and more are produced
regularly for applications, endpoints, and network infrastructure.
Mobile has historically been left out of this data feed. Many
investigation teams lack expertise in modern mobile platforms.
ZecOps’ sophisticated digital forensics capabilities provides
Security Operation Center (SOC) teams with unique mobile threat
intelligence to uncover zero-day attacks. ZecOps does the heavy
lifting for SOC teams, saving months of work per investigation. The
solution automatically constructs a timeline of suspicious events
and indicators of compromise to demonstrate when and how a device
was impacted.
Privacy consciousData privacy is extremely
important to Jamf. ZecOps shares Jamf’s commitment to safeguarding
user data by ensuring log collection doesn’t include the user’s
material personal data such as photos, videos, text messages and
call logs, and only leveraging low-level system information and
diagnostics data to the cloud for analysis. ZecOps analysis can
also take place on-premises to meet various organizations’ and
governments data privacy requirements.
“We founded ZecOps to catch hidden 0-click and 1-click attacks,”
said Zuk Avraham, co-founder and CEO, ZecOps. “By combining with
Jamf, we can offer our customers a truly powerful mobile threat
intelligence and threat hunting capabilities that will keep up with
the evolving threat landscape without compromising the user
experience.”
This transaction is subject to the satisfaction of customary
closing conditions and is expected to close in the fourth quarter.
Terms of the transaction were not disclosed.
About JamfJamf’s purpose is to simplify work by
helping organizations manage and secure an Apple experience that
end users love and organizations trust. Jamf is the only company in
the world that provides a complete management and security solution
for an Apple-first environment that is enterprise secure, consumer
simple and protects personal privacy. To learn more, visit
www.jamf.com.
About ZecOpsZecOps develops the world’s most
powerful platform to discover and analyze mobile cyber attacks.
Used by world-leading enterprises, governments and individuals
globally, ZecOps Mobile Detection and Response platform provides a
realistic and scalable approach to mobile threat hunting. ZecOps
enables automated discovery of 0-day attacks and Advanced
Persistent Threats (APTs), delivering anti cyber-espionage
capabilities within minutes.
Forward-Looking StatementsThis release relates
to a pending acquisition of ZecOps, Inc. (“ZecOps”) by Jamf Holding
Corp. (“Jamf”, “we”, our” or “us”). This release contains
forward-looking statements within the meaning of the “safe harbor”
provisions of the Private Securities Litigation Reform Act of 1995,
regarding the anticipated benefits of the acquisition, and the
anticipated impacts of the acquisition on our business, products,
financial results, and other aspects of our and ZecOps’ operations.
You can identify forward-looking statements by the fact that they
do not relate strictly to historical or current facts. These
statements may include words such as “anticipate,” “estimate,”
“expect,” “project,” “plan,” “intend,” “believe,” “may,” “will,”
“should,” “can have,” “likely,” and other words and terms of
similar meaning in connection with any discussion of the timing or
nature of future operating or financial performance or other
events. These risks, uncertainties, assumptions, and other factors
include, but are not limited to: the effect of the announcement of
the acquisition on the ability of Jamf or ZecOps to retain key
personnel or maintain relationships with customers, vendors,
developers, community members, and other business partners; risks
that the acquisition disrupts current plans and operations; the
ability of the parties to consummate the acquisition on a timely
basis or at all; the satisfaction of the conditions precedent to
consummation of the acquisition; our ability to successfully
integrate ZecOps’ operations; our and ZecOps’ ability to execute on
our business strategies relating to the acquisition and realize
expected benefits and synergies; and our ability to compete
effectively, including in response to actions our competitors may
take following announcement of the acquisition. Further information
on these and additional risks, uncertainties, and other factors
that could cause actual outcomes and results to differ materially
from those included in or contemplated by the forward-looking
statements contained in this release are included under the caption
“Forward-Looking Statements” and elsewhere in our Form 10-Q for the
quarter ended June 30, 2022 and other filings and reports we make
with the Securities and Exchange Commission from time to time.
Moreover, both we and ZecOps operate in a very competitive and
rapidly changing environment, and new risks may emerge from time to
time. It is not possible for us to predict all risks, nor can we
assess the impact of all factors on our business or the
acquisition, or the extent to which any factor, or combination of
factors, may cause actual results or outcomes to differ materially
from those contained in any forward-looking statements we may make.
Forward-looking statements speak only as of the date the statements
are made and are based on information available to us at the time
those statements are made and/or our management's good faith belief
as of that time with respect to future events. Except as required
by law, we undertake no obligation, and do not intend, to update
these forward-looking statements.Media
Contact:Liarna La Porta | media@jamf.comInvestor
Contact:Jennifer Gaumond | ir@jamf.com
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