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Anti-Fraud Firm InfoArmor Acquires IntelCrawler

Posted on January 28, 2015 by Kara Dunlap in Security

InfoArmor, a provider of fraud and identify theft protection services, has acquired cybercrime research firm IntelCrawler for an undisclosed sum.

With IntelCrawler under its belt, Scottsdale, Arizona-based InfoArmor plans to form a new Enterprise Threat Intelligence unit that will help customers discover and block attacks targeting intellectual property.

Founded in 2013 by Dan Clements and Andrew Komarov, IntelCrawler offers threat intelligence, data and security research services to large corporate and government clients.

Komarov previously worked for Russian cybercrime research firm Group-IB.

IntelCrawler has uncovered a number of cybercrime operators and malware, including a claim back in Jan. 2014 when the company said it had discovered someone they believe was tied to the malware known as Kaptoxa or BlackPOS, which was used in the high-profile attacks against Target.

“InfoArmor is thrilled about joining forces with Dan, Andrew and the IntelCrawler team,” said John Schreiber, InfoArmor’s president, adding that IntelCrawler’s data, intelligence and research capabilities are beneficial for its clients, who are pushing for threat identification, assessment, and attribution.

“Using IntelCrawler’s context-aware intelligence and operative human intelligence, we will now be able to connect even more dots between cyber intelligence and emerging enterprise threats,” said Drew Smith, CEO of InfoArmor.

The cash and stock transaction was completed on Jan. 23, 2015.