Google deal for 'hot market' cyber firm Wiz would bolster cloud security

Alphabet is in advanced talks to acquire Wiz, a person familiar with the matter said on Sunday, in an up to $23-billion deal that would be Google's most expensive acquisition and provide it with cybersecurity products that defend against ransomware gangs wreaking havoc on large enterprises.

"There is a hot market for cloud security," said Jerome Seguera, a senior intelligence analyst at the cybersecurity firm MalwareBytes, adding that Wiz gives customers "great visibility into their assets in a straightforward way."