OR Microsoft announced today that it is buying CyberX, a platform for the protection of industrial control systems. The terms of the deal have not yet been revealed, but TechCrunch claims the amount reaches $ 165 million.
The acquisition strengthens its strategic position Microsoft in the autonomous systems market, which it introduced in 2018 with the purchase of Bonsai (now Project Bonsai). The Project Bonsai team applies AI technology to industrial control systems and its technology CyberX promises to protect these control systems from cyber attacks.
"THE CyberX will complement the existing security capabilities of Azure IoT but also existing devices, such as those used in industrial IoT applications, business technology and infrastructure ", he stated the CVP of its Cloud and AI department Microsoft Michal Braverman-Blumenstyk with Azure IoT Manager Sam George.
"With the CyberX, our customers will be able to discover existing IoT components, manage and improve the security of these devices. ”
OR CyberX was created in 2012 by Omer Schneider and Nir Giller (two veterans of the Israeli Defense Forces' elite cyber unit), and aims to stop any attacks on platforms monitoring any control systems.
OR CyberX claims to be able to provide information on each incident in less than an hour, on average. Prior to the acquisition, its customers included two of the top five U.S. energy suppliers, a world-leading pharmaceutical company, a top U.S. chemical company, national electricity and gas companies across Europe and Asia.