CyberX, the IoT/OT security company, today announced that it is being acquired by Microsoft.
As
enterprises implement digital transformation and Industry 4.0 for
greater efficiency and productivity, boards and management teams are
increasingly concerned about the financial and liability risk resulting
from the deployment of massive numbers of connected IoT and OT devices.
Adversaries targeting this expanded attack surface can cause substantial
corporate impact including safety and environmental incidents, costly
production downtime, and theft of sensitive intellectual property.
By
integrating the CyberX platform with the Azure IoT stack, Azure
Security Center for IoT, and Azure Sentinel, the first SIEM with native
IoT support, Microsoft will now provide a simpler approach to unified
security governance across both IT and industrial networks, as well as
end-to-end security across managed and unmanaged IoT devices, enabling
organizations to quickly detect and respond to advanced threats in
converged networks.
"CyberX's
technology and team are a great addition to Microsoft," said Michal
Braverman-Blumenstyk, Corporate Vice President, Cloud & AI Security
CTO, and Israel R&D Center GM. "With CyberX's expertise and
innovative platform, together with Microsoft's exciting security
products, Microsoft is offering a powerful and scalable solution that
accelerates digitalization for enterprises at all phases of their IoT/OT
journey."
Founded
in 2013, CyberX achieved tremendous growth with the world's largest
enterprises adopting its IoT/OT security platform to secure their
facilities worldwide. Leveraging patented, IoT/OT-aware behavioral
analytics, CyberX's agentless technology deploys in minutes to deliver
deep visibility into IoT/OT risk - including asset discovery,
vulnerability management, and continuous threat monitoring - with zero
impact due to its passive Network Traffic Analysis (NTA) approach.
"Nir
and I founded CyberX with the goal of delivering a scalable solution
that would be easy to deploy and reduce risk for enterprises worldwide,"
said Omer Schneider, co-founder and CEO of CyberX. "We're thankful to
our loyal customers and partners as well as to our dedicated employees
whose innovation and hard work made it possible for us to reach this
important milestone, and also to our investors for their ongoing
support."
"By
joining forces with Microsoft, we will rapidly scale our business and
technology to securely enable digital transformation for many more
organizations," said Nir Giller, co-founder, GM International, and CTO
of CyberX. "Together, CyberX and Microsoft provide an unbeatable
solution for gaining visibility and a holistic understanding of risk for
all IoT and OT devices in your enterprise."
CyberX's
founders will join Microsoft and the platform will continue to be
enhanced and supported by CyberX personnel. In addition, Microsoft is
committed to the channel and will continue working with CyberX's
strategic reseller and technology partners worldwide. The CyberX
platform will continue to be available in a hybrid model supporting both
cloud-connected and air-gapped networks.