CyberX, the IoT/OT security company, announced that it is being acquired by Microsoft.
“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.”
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.
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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.
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“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.
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