Bugcrowd, a leading provider of crowdsourced security, today announced it has acquired Informer, which offers external attack surface management (ASM) and continuous penetration testing.  The move will enable Bugcrowd to expand its solution in the ASM market, which is estimated to be $3.3 billion by 2029.

ASM is a critical aspect of an overall cybersecurity strategy. According to the Bugcrowd announcement, Informer’s ASM software gives security and IT leaders insights that help organizations monitor and reduce risk.

“By joining forces with Bugcrowd, Informer’s exceptional team and innovation in Attack Surface Management and PTaaS will continue to disrupt the traditional penetration testing market, giving us a competitive edge in the crowdsourced security industry,” Marios Kyriacou, CEO of Informer, said in a statement.

Informer automates the identification of the external attack surface and provides specialized penetration testing services. The company combines continuous asset discovery with machine learning and expert penetration testing in a single SaaS solution. Bugcrowd indicated the Informer software will be fully integrated by Q3.

More information about Informer can be found here. To learn more about Bugcrowd, visit www.bugcrowd.com.