Home Business Microsoft acquires CyberX to improve IoT security

Microsoft acquires CyberX to improve IoT security

Microsoft announces the acquisition of CyberX, a cyber security startup focused mainly of IoT (Internet of Things) and OT – Operational Technology. CyberX also announced that they are now a Microsoft company which is also put up in their website. This acquisition helps to enable unified security across all IT and industrial networks.

Omer Schneider, the CEO and Co-founder of CyberX said that “Nir and I founded CyberX with the goal of delivering a scalable solution that would be easy to deploy and reduce risk for enterprise worldwide”.

“We are thankful to our loyal customers and partners as well as our dedicated employees whose innovation and hard work made it possible for us to reach this important milestone and also to our investors for their ongoing support”.

Microsoft acquires CyberX to improve IoT security
Microsoft acquires CyberX to improve IoT security

It is said by different sources that the acquisition will be around $165 million. Microsoft will be integrating the CyberX platform to the Azure IoT stack, Azure Centinel and Azure security centre and thus will be able to provide a simpler approach to security governance towards IT and Industrial sectors. They will also be capable of providing end-to-end security for IoT devices. This will enable the organizations to detect and act immediately in case of cybersecurity threats.

CyberX will enable the customers to digitally map all their devices on a particular floor or the whole building thus allowing them to analyse and understand the vulnerability of their devices.

According to Michal Braverman-Blumenstic, CTO,CVP Cloud+AI Security and Sam George, CVP, Cloud + AI Azure IoT, “Gaining this visibility is not only critical for understanding where security risks may exist and then mitigating their risks, but it is also a fundamental step to securely enabling smart manufacturing, smart grid and other digitization use cases across production facilities and supply chain.”

Microsoft have already invested around $5 Billion for Internet of Things since the last couple of years.

READ  Hyundai Venue to get the clutchless manual transmission
READ  Hyundai Venue to get the clutchless manual transmission

Julia White, corporate vice president, Microsoft Azure said in the blog that, “We have been invested in IoT before the term was coined when enterprises had these endpoints in their factories, building and other devices that were totally dark. Today we are planning to dedicate even more resources to research and innovation in IoT and what is ultimately evolving to be the new intelligent edge. With our IoT platforms spanning cloud, OS and devices, we are uniquely positioned to simplify the IoT so any customer- regardless of size, technical expertise, budget, industry or other factors can create trusted, connected solutions that improve business and customer experiences as well as daily lives of people all over the world”.

READ  The first modern electric car - EV1 Electric

Must Check:

Saranya
Saranya
Engineer - Masters graduate in Biotechnology and Biochemical engineering Graduated from Birla Institute Of Technology and Science (BITS-Pilani)

Stay Connected

16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe

Must Read

Xiaomi launches Mi TV LUX 65-Inch OLED with 120Hz refresh rate and HDR10+

Xiaomi launches their new smart TV, powered with quad-core processor with a black back panel and a wall mounting support. The new...

Hyundai Venue to get the clutchless manual transmission

Hyundai has announced that they are introducing a new clutchless manual transmission in their new Venue Compact SUV. It is called the...

The first modern electric car – EV1 Electric

There are lots of confusion regarding which one is the first electric car in the world and people often come to the...

Rolls Royce to review balance sheets after COVID19 hit

Rolls-Royce, the provider of one of the best aerospace propulsion engines, is reviewing their balance sheets amid the COVID 19 crisis. They...

Related News

READ  The first modern electric car - EV1 Electric

Xiaomi launches Mi TV LUX 65-Inch OLED with 120Hz refresh rate and HDR10+

Xiaomi launches their new smart TV, powered with quad-core processor with a black back panel and a wall mounting support. The new...

Hyundai Venue to get the clutchless manual transmission

Hyundai has announced that they are introducing a new clutchless manual transmission in their new Venue Compact SUV. It is called the...

The first modern electric car – EV1 Electric

There are lots of confusion regarding which one is the first electric car in the world and people often come to the...

Rolls Royce to review balance sheets after COVID19 hit

Rolls-Royce, the provider of one of the best aerospace propulsion engines, is reviewing their balance sheets amid the COVID 19 crisis. They...