Microsoft acquires IoT cybersecurty startup

June 23, 2020 //By Rich Pell
Microsoft acquires IoT cybersecurty startup
Microsoft has announced that it is acquiring industrial cybersecurity startup CyberX, which focuses on detecting, stopping, and predicting security breaches on IoT networks and the networks of large industrial organizations.

The acquisition, says the tech giant, will complement its existing Azure IoT security capabilities and help simplify IoT and make securing IoT devices easy. It is designed to address the following challenges:

  • Giving customers visibility into what IoT devices are already connected to their networks.
  • Managing the security on existing IoT devices (referred to as "brownfield devices") that have been historically difficult due to a myriad of custom protocols.

The CyberX capabilities, says the company, will extend to existing devices including those used in industrial IoT, operational technology, and infrastructure scenarios.

"With CyberX," says the company in a blog post announcing the acquisition, "customers can discover their existing IoT assets, and both manage and improve the security posture of those devices. With CyberX, customers can see a digital map of thousands of devices across a factory floor or within a building and gather information about their asset profile and vulnerabilities. Gaining this visibility is not only critical for understanding where security risks may exist and then mitigating those risks, but it is also a fundamental step to securely enable smart manufacturing, smart grid and other digitization use cases across production facilities and the supply chain."

For example, says the company, in conjunction with Azure Sentinel, its cloud-native, next-generation security information and event management (SIEM)/security orchestration, automation and response (SOAR) with built-in IoT security workload, SecOps personnel will be able to identify threats that span Operational Technology- and IT-converged networks that were previously challenging to detect.

The terms of the deal were not disclosed, but it has been reported to be around $165 million.

Microsoft
CyberX

Related articles:
Microsoft Azure IoT security platform now generally available
Microsoft IoT report explores key insights from decision makers
Microsoft to invest $5B in IoT
First IoT worm targets closed-circuit TVs


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