Coralogix announced its entry into the cybersecurity sector with the launch of Snowbit, a venture designed to assist cloud-native companies in managing their security environments. This move comes amid increasing cybersecurity risks and a global shortage of cybersecurity talent, which leaves many organizations vulnerable. Snowbit offers a Managed Extended Detection and Response (MxDR) service that integrates a SaaS platform with expert services, providing a comprehensive view of security and compliance while automating threat detection and incident response through machine learning and pre-configured rules. The platform aims to address challenges such as cloud complexity and the lack of in-house expertise by deploying security analysts and leveraging the Coralogix platform's capabilities to identify threats efficiently. Snowbit seeks to offer a broad cloud-native managed detection and response solution to help organizations globally secure themselves against evolving cyber threats.