CyberX Named a Finalist in CRN's 2017 Tech Innovator Awards for Its Automated ICS Threat Modeling

BOSTON, Nov. 13, 2017 /PRNewswire/ -- CyberX, provider of the most widely-deployed industrial cybersecurity platform for continuously reducing ICS risk, announced today that CRN(®), a brand of The Channel Company, has recognized CyberX as a finalist in the 2017 CRN Tech Innovator Awards. Past winners of these annual awards have included Google, Cisco, and CrowdStrike.

The CRN Tech Innovator Awards honor standout products and services that have helped to move the IT industry forward. In compiling the 2017 Tech Innovator Award list, CRN editors evaluated 216 products across 32 technology categories using several criteria, including technological advancements, uniqueness of features, and potential to help solution providers solve end-users' technology challenges. CyberX's ICS Attack Vector Prediction technology took top honors in the IoT category.

Exclusive to CyberX, the company's ICS Attack Vector Prediction technology incorporates proprietary analytics to perform automated threat modeling for ICS/SCADA networks. By generating a visual representation of all possible attack chains -- ranked by risk -- targeting critical operational technology (OT) assets such as pumps in oil & gas refineries and mixing tanks in pharmaceutical plants, it enables security teams to prioritize essential mitigations and simulate what-if scenarios to reduce their attack surface (e.g., "If I isolate or patch this insecure device, does it eliminate the risk to my 'crown jewel' assets?"). This enables more effective use of limited skilled OT resources during narrow maintenance windows. The technology is based on CyberX's passive, agentless Network Traffic Analysis (NTA) which identifies all OT network and endpoint vulnerabilities without active scanning that can impact ICS/SCADA networks.

According to Gartner Inc., "The No. 1 issue in vulnerability management (and, arguably, IT security operations) is that organizations are not prioritizing their patching and mitigating controls, nor are they mitigating the exploitation of commonly targeted vulnerabilities. In short, organizations are struggling to figure out the delta between 'what can I fix' and 'what will make the biggest difference, with the pragmatic reality of the time and resources that I actually have.' The answer is a risk-based approach."

CyberX's ICS Attack Vector Prediction technology is provided as part of CyberX's full-spectrum ICS security platform, which combines a deep understanding of industrial protocols, devices, and applications with ICS-specific asset discovery, continuous real-time monitoring and incident forensics, risk and vulnerability management, and threat intelligence. This unique approach reduces complexity by addressing all four requirements of Gartner's Adaptive Security architecture -- Prediction, Prevention, Detection, and Response -- in a single holistic platform.

According to key CyberX channel partner GrayMatter in CRN, "Our customers are often concerned about what they don't know. CyberX's Attack Vector Prediction technology allows them to predict and visualize scenarios for real-time planning of operational cyberstrategy," said Jim Gillespie, CEO of Pittsburgh-based GrayMatter. "It helps business leaders and OT personnel quickly understand the top threats to their most critical industrial assets, and how to most efficiently reduce their top risks."

"This predictive breakthrough strengthens our customers' operational resilience and opens up a huge opportunity for channel partners to grow their revenues in the $105 billion(2) IoT market," said Buck Watia, VP of business development at CyberX. "By prioritizing the top risks, our automated threat modeling technology helps partners sell their expertise and value-added services around best practices for proactively mitigating these risks, as well as implementing continuous monitoring as part of a multi-layered strategy for ongoing protection."

"The vendors and products on CRN's 2017 Tech Innovator list represent some of the most creative and forward-thinking achievements yet seen in the IT channel," said Robert Faletra, CEO of The Channel Company. "We are honored to celebrate their ingenuity and the growth they are driving across the industry, from increased worker productivity and sales to expanded solutions for complex problems and trailblazing innovation."

The Tech Innovator Awards will be featured in the December issue of CRN and can be viewed online at crn.com/techinnovators.

(1) Craig Lawson, "It's Time to Align Your Vulnerability Management Priorities With the Biggest Threats". Published: 09 September 2016 ID: G00310155.

(2) IDC forecasts that manufacturing operations will see $105 billion in loT investment during 2017, as more industrial companies implement solutions to help drive efficiency and cut costs on the manufacturing floor.

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About CyberX
CyberX provides the most widely-deployed industrial cybersecurity platform for continuously reducing ICS risk. Supporting all OT vendors and seamlessly integrating with existing IT security tools, CyberX's platform combines a deep understanding of industrial protocols, devices, and applications with ICS-specific asset discovery, continuous real-time monitoring and incident forensics, risk and vulnerability management, and threat intelligence.

With a long history of innovation, CyberX recently published the first-ever "Global ICS & IIoT Risk Report," a DBIR-like analysis of real-world vulnerabilities found in 375 production ICS networks worldwide. Additionally, CyberX is the only OT security firm selected for the SINET Innovator Award sponsored by the US DHS and DoD; the only one recognized by the International Society of Automation (ISA); and the only one selected by the Israeli national consortium providing critical infrastructure protection for the Tokyo 2020 Olympics. For more information visit CyberX-Labs.com.

About the Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com

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Media Contacts:

For The Channel Company:
Melanie Turpin
(508) 416-1195
184837@email4pr.com

For CyberX:
Deb Montner
Montner Tech PR
203-226-9290
184837@email4pr.com

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SOURCE CyberX