Securing the Tech Bound Industrial Fleet

IDA Ireland - Smart CEO Global Cybersecurity Report 2018

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Founded by members of the elite IDF cybersecurity unit, CyberX operates in the IIoT space, providing holistic visibility into operational networks and real-time detection of cyber and operational incidents

CyberX, the Massachusetts-based IIoT cybersecurity firm was founded in 2012, on the premise that at a time when targeted attacks, zero day threats and malicious attacks are a commonality on one hand, and SmartGrid and SmartManufacturing (emerging through convergence of IT and OT – Operational Technology) are seeing the light of day, reliance on traditional defence systems will pose an imminent threat to industrial organisations.

The company, started by Omer Schneider and Nir Giller, both members of the elite IDF cybersecurity unit, provides holistic visibility into operational networks and provides real-time detection of cyber and operational incidents. CyberX stands apart in the IIoT space on three fronts; its continual, non-invasive asset discovery and risk assessment feature which helps identify vulnerabilities such as unauthorized, remote access and weak authentication. Secondly, it maintains high alert and awareness towards potential industrial malware and targeted attacks that can disrupt operations or lead to theft of corporate IP. Thirdly, it adopts machine learning to eliminate the need for signatures, doesn’t affect the OT network and doesn’t require agents to have the solution deployed into the business.

Currently, CyberX serves companies in the oil & gas, manufacturing, energy, pharmaceutical, water, and transport & logistics space, to name a few. It has so far raised around US $ 29 million in funding across four rounds from a series of investors such as Nowest Venture Partners, FireEye, GlenRock Israel, Flint Capital, Glilot Capital Partners, and Swarth Group, to name a few.


Snapshot 

Category: IIoT Security 

Founded: 2012 

Founders: Omer Schneider and Nir Giller

Investors: Norwest Venture Partners, FireEye, GlenRock Israel, Flint Capital, Glilot Capital Partners, and Swarth Group, to name a few. 

Headquarters: Massachusetts, United States

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