XM Cyber, a cloud security provider, has acquired Cyber Observer, a provider of cloud security management.

Cyber Observer reduces business losses by leveraging technology that performs monitoring and auditing.

“Even as awareness of cybersecurity risk continues to grow, attackers are thriving and routinely exploiting attack paths that can be used to move laterally through an enterprise network,” said Noam Erez, CEO of XM Cyber. “Our goal is to give security teams the ability to easily understand and correct their security posture continuously, including weaknesses, exposures and compensating security controls across the full internal and external attack surface covering on-prem, cloud and SaaS systems.”