HomeMalware & ThreatsArmis Bolsters On-Prem OT Security Through $120M Otorio Acquisition

Armis Bolsters On-Prem OT Security Through $120M Otorio Acquisition

Published on

spot_img

Armis, a San Francisco-based cyber exposure management vendor, recently acquired Otorio, an operational technology (OT) protection vendor based in Tel Aviv, Israel. This acquisition is aimed at enhancing Armis’ security capabilities in on-premises environments, especially for organizations such as government agencies, defense contractors, utilities, and critical infrastructure providers that are mandated to operate in air-gapped environments.

The purchase of Otorio for $120 million brings expertise from Daniel Bren, the former chief cyber defense commander of the Israel Defense Forces, who has led Otorio since its inception in 2017. This acquisition follows Armis’ previous purchases of Silk Security and CTCI, further solidifying its position in the cybersecurity market.

Otorio’s approach to OT security differs from Armis’ focus on passive network monitoring, as it emphasizes active querying for a more proactive security stance. By combining Otorio’s strengths with Armis’ capabilities, the companies aim to create a robust and comprehensive security platform that caters to the unique needs of organizations with strict data sovereignty and network isolation requirements.

While cloud-based security tools offer scalability and adaptability, they may not be suitable for facilities like power plants and nuclear facilities where internet connectivity is restricted. In such cases, on-prem security solutions provide better control and compliance, albeit with limitations in real-time adaptability and global intelligence sharing.

The integration of Otorio’s technology into Armis’ security ecosystem is expected to happen within the first year after the acquisition. This process will involve technical integration, customer training, and onboarding to ensure a smooth transition for existing Otorio customers to Armis’ broader security platform.

Nadir Izrael, co-founder and CTO of Armis, highlighted the importance of collective threat learning and real-time intelligence sharing in combating cyber threats. By leveraging Otorio’s expertise and technology, Armis aims to provide its customers with a unified and cohesive security experience that adapts to evolving cybersecurity challenges.

Overall, Armis’ acquisition of Otorio signifies a strategic move to strengthen its position in the OT security market and cater to the specific needs of organizations operating in air-gapped environments. With a focus on innovation, collaboration, and customer-centric solutions, Armis continues to solidify its presence in the cybersecurity landscape.

Source link

Latest articles

MuddyWater Launches RustyWater RAT via Spear-Phishing Across Middle East Sectors

 The Iranian threat actor known as MuddyWater has been attributed to a spear-phishing campaign targeting...

Meta denies viral claims about data breach affecting 17.5 million Instagram users, but change your password anyway

 Millions of Instagram users panicked over sudden password reset emails and claims that...

E-commerce platform breach exposes nearly 34 million customers’ data

 South Korea's largest online retailer, Coupang, has apologised for a massive data breach...

Fortinet Warns of Active Exploitation of FortiOS SSL VPN 2FA Bypass Vulnerability

 Fortinet on Wednesday said it observed "recent abuse" of a five-year-old security flaw in FortiOS...

More like this

MuddyWater Launches RustyWater RAT via Spear-Phishing Across Middle East Sectors

 The Iranian threat actor known as MuddyWater has been attributed to a spear-phishing campaign targeting...

Meta denies viral claims about data breach affecting 17.5 million Instagram users, but change your password anyway

 Millions of Instagram users panicked over sudden password reset emails and claims that...

E-commerce platform breach exposes nearly 34 million customers’ data

 South Korea's largest online retailer, Coupang, has apologised for a massive data breach...