CyberX Joins McAfee Security Innovation Alliance (SIA)

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BOSTON, Dec. 06, 2018 (GLOBE NEWSWIRE) -- CyberX, the IIoT and industrial control system (ICS) security company, today announced that it has joined the (SIA). McAfee SIA accelerates the development of open and interoperable security products, simplifies integration with complex customer environments, and provides a truly integrated, connected security ecosystem to maximize the value of existing customer security investments.

This partnership and future certified integrations between CyberX's continuous, real-time visibility into OT risk and McAfee will address a rising need for unified security monitoring and governance across both IT and Operational Technology (OT) environments.

“Convergence of IT/OT is driving the need for new security capabilities and integrations as a result of a move to a hybrid IT/OT architecture,” according to Ruggero Contu, Gartner Senior Director Analyst. “The mounting number of attacks is evidence that the likelihood of breach is real and serious. While financial loss as a result of attacks can be significant, it is the impact to safety and reliability that is of greatest concern to most.”

CyberX was recently recognized by Gartner in a report titled “Competitive Landscape: Operational Technology Security.” In the report, Gartner predicts that OT security spending will grow at a CAGR of 45.7 percent through 2022, with the highest annual growth percentage occurring in 2019 and 2020.

Purpose-built for OT security, CyberX’s agentless, non-intrusive platform enables customers to auto-discover their OT assets and network topology, identify critical OT vulnerabilities and attack vectors, and continuously monitor their OT networks for destructive cyberattacks such as WannaCry, NotPetya, and TRITON.

“We’re excited to be partnering with McAfee to strengthen cybersecurity for OT environments,” said Buck Watia, VP of Alliances & Business Development at CyberX. “With deployments in some of the world’s most demanding and complex OT environments, across all industrial verticals, CyberX benefits from a level of maturity and completeness that other solutions simply can’t match.”

Notable CyberX customers include 2 of the top 5 US energy providers; a top 5 global pharmaceutical company; a top 5 US chemical company; and national electric and gas utilities across Europe and Asia-Pacific. Strategic partners include industry leaders such as Palo Alto Networks, IBM Security, Splunk, McAfee, Optiv Security, DXC Technologies, and Deutsche-Telekom/T-Systems. For more information visit CyberX-Labs.com or follow @CyberX_Labs.

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Globe Newswire: 12:00 GMT Thursday 6th December 2018

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