Microsoft acquires industrial cybersecurity startup CyberX for $165M

[InfoSec News <alerts () infosecnews org>]

https://siliconangle.com/2020/06/22/microsoft-acquires-industrial-cybersecurity-startup-cyberx-165m/

By Duncan Riley
Silicon Angle
June 22, 2020

Microsoft Corp. has acquired industrial cybersecurity startup CyberX Inc. for 
an undisclosed sum.

Various reports today suggest that the acquisition price was $165 million, 
following initial reports of the deal in May.

Founded in 2013, CyberX offers an industrial cybersecurity platform built by 
former military cybersecurity experts with nation-state expertise defending 
critical infrastructure. The company’s platform focuses on continuously 
reducing industrial control systems risk and preventing costly production 
outages, safety failures and environmental incidents.

The company’s platform works by mapping out all connected devices in a factory 
or corporate network to give administrators a high-level view of potential 
risks. CyberX displays unmanaged systems and equipment running on outdated 
firmware as well as detecting malware. Its detection algorithms are said to 
spot threats by looking for system activity that deviates from a device’s 
normal behavior.

CyberX’s platform integrates with customers’ existing information technology 
security stacks, including Splunk, IBM Security, Palo Alto Networks, Cisco 
Systems, RSA NetWitness and ServiceNow.

[...]

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