Claroty
Canvas Category Software : Operational Technology : Cybersecurity
Claroty empowers organizations to secure cyber-physical systems across industrial (OT), healthcare (IoMT), and enterprise (IoT) environments: the Extended Internet of Things (XIoT). The company’s unified platform integrates with customers’ existing infrastructure to provide a full range of controls for visibility, risk and vulnerability management, threat detection, and secure remote access. Backed by the world’s largest investment firms and industrial automation vendors, Claroty is deployed by hundreds of organizations at thousands of sites globally.
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Claroty Secures $100 Million in Strategic Growth Financing
Claroty, the cyber-physical systems protection company, announced it has secured $100 million in strategic growth financing. Participants include lead equity investor Delta-v Capital, as well as AB Private Credit Investors at AllianceBernstein, Standard Investments, Toshiba Digital Solutions, SE Ventures, Rockwell Automation, and Silicon Valley Bank, a division of First Citizens Bank. Combined with Claroty’s existing $635 million in funding to date, this new financing further establishes the company’s leadership position in the critical infrastructure cybersecurity market.
The funds will be used to scale Claroty’s platform approach to cyber-physical systems (CPS) protection across key verticals including the public sector and heavily regulated critical infrastructure industries, expand in emerging regions across the Americas, EMEA, and Asia-Pacific, fuel research and development for core and adjacent technologies including secure remote access, and double down on new and existing strategic partnerships.
Cybersecurity Leaders Launch Operational Technology Cybersecurity Coalition
Today, a diverse group of cybersecurity leaders joined together to launch the Operational Technology Cybersecurity Coalition. Founding members include Claroty, Forescout, Honeywell, Nozomi Networks, and Tenable, each with decades of experience in building, protecting, and defending our nation’s industrial control systems and critical infrastructure assets.
The OT Cyber Coalition advocates for vendor-neutral, interoperable, and standards-based cybersecurity solutions and works collaboratively with industry and government stakeholders on how to best deploy data-sharing solutions that enhance our country’s collective defense. Its efforts support the notion that competitive solutions promote innovation and strengthen our national security.
The Old Switcheroo: Hiding Code on Rockwell Automation PLCs
Team82 and Rockwell Automation today disclosed some details about two vulnerabilities in Rockwell programmable logic controllers and engineering workstation software. CVE-2022-1161 affects numerous versions of Rockwell’s Logix Controllers and has a CVSS score of 10, the highest criticality. CVE-2022-1159 affects several versions of its Studio 5000 Logix Designer application, and has a CVSS score of 7.7, high severity. Modified code could be downloaded to a PLC, while an engineer at their workstation would see the process running as expected, reminiscent of Stuxnet and the Rogue7 attacks.
Claroty Advances Mission to Secure All Cyber-Physical Systems with $400 Million Funding and Acquisition of Medigate
Claroty today announced the next step forward in its mission to secure all cyber-physical systems (CPS) across industrial, healthcare, and enterprise environments – the Extended Internet of Things (XIoT) – by raising $400 million in Series E funding and entering an agreement to acquire Medigate, a leading healthcare IoT security company. The round brings the company’s total funding to $635 million, making it the most well-funded cybersecurity company in the industrial (OT), healthcare (IoMT), and enterprise IoT sectors.
Detect: Monitoring, Identifying, and Responding to Industrial Cyber Threats
A harsh reality of cybersecurity is that even the most state-of-the art protective controls cannot fully eliminate risk. As such, the ability to detect, investigate, and respond to potential threats quickly and effectively when they do surface is imperative.
The purpose of detecting threats is to mitigate those which pose risk to your organization. But to determine which threats to focus on, your team needs the ability to make sense of what’s being detected within your organization’s industrial environment. This is another area where the sheer size and complexity of enterprise industrial networks comes into play; without the right capabilities in place, security personnel can be flooded with an overwhelming barrage of alerts that do little to inform risk-mitigation decisions.