Home Tag "Splunk"

Splunk Report Reveals Growing Impact Of Generative AI On Cybersecurity Landscape

Deepak
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Splunk, in collaboration with Enterprise Strategy Group, has released the “State of Security 2024: The Race to Harness AI” global research report. A total of 1,650 security leaders participated in the global survey, with many reporting that cybersecurity has become easier to manage compared to past years. However, cybersecurity defenders now find themselves in a race against adversaries to harness generative AI (Gen AI). According to the report, organisations have heavily adopted Gen AI tools within their teams. Compared to […]

Cisco to Acquire Cybersecurity Firm Splunk for $28 billion

Deepak
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Cisco and Splunk have announced a definitive agreement under which Cisco intends to acquire Splunk for $157 per share in cash, representing approximately $28 billion in equity value. Upon close of the acquisition, Splunk President and CEO Gary Steele will join Cisco’s Executive Leadership Team reporting to Chair and CEO Chuck Robbins. The acquisition builds on Splunk’s heritage of helping organizations enhance their digital resilience and will accelerate Cisco’s strategy to securely connect everything to make anything possible. The combination […]
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