AttivoNetworks to widen portfolio and extend its customer base with Energy Impact Partners’ (EIP) assistance
Attivo Networks, a leader in deception for cybersecurity threat detection, has announced that Energy Impact Partners (EIP), a leading utility-backed energy investment and innovation has become a strategic investor in its company. The funding by Energy Impact Partners aids Attivo Networks to widen portfolio of energy sector-specific deception technology and extend its customer base of utility companies around the world
Tushar Kothari, CEO of Attivo Networks stated, “Operational technology environments present their own unique set of challenges associated with securing devices, which often cannot run anti-virus software, be patched, or are simply not designed to be interconnected,” Further, he added “Deception technology provides early detection and misdirection of in-network threat actors attempting to tamper with operational technology environments. Attackers will unknowingly attempt to compromise a decoy asset, providing the highest caliber alert backed by the adversary intelligence required to quickly isolate and remove the threat.”
Need for enhanced visibility to detect cybersecurity threats.
Cybersecurity is a top priority for the energy sector assuming potential economic and human safety impact due to an outage. There could be an outage critical infrastructure when a power supply or other service is not available or when equipment is closed down. The rapid digitization of the energy industry has not only brought it operational benefits but also increased the potential attack surface. Moreover, the increase in the potential attack surface brings up the need for enhanced visibility and detection of cybersecurity threats.
Working process of Attivo Network’s deception technology
Attivo Networks provides a portfolio of energy sector-specific deception technology based on decoys and lures, which are designed to efficiently detect and misdirect in-network attacks. The decoys seamlessly deploy in operational technology environments and are identical to industrial control systems (ICS) and supervisory control and data acquisition systems (SCADA). With one misguided touch, the attacker reveals their presence and arms security teams with ultra-high-fidelity alerts. Once an alert is raised, the solution’s built-in attack analysis engine automates the process of gathering threat intelligence, correlating attack data, and responding to an alert. This reduces the investigation and response time from hours to minutes.
Sameer Reddy, Partner at Energy Impact Partners stated, “The threat landscape facing industrial customers continues to grow at a relentless pace.” Further, he added, “Attivo Networks’ deception platform provides operators with a high-fidelity detection layer to better secure enterprises and industrial control systems of all sizes.”