TXOne Networks Scores $51M Series B Extension

May 7, 2024 at 01:06PM TXOne Networks, a startup focused on protecting industrial control systems and operational technology, has secured $51 million in new funding from investors in Taiwan. Originally a joint venture between Trend Micro and Moxa, the company has raised a total of $145 million and offers security solutions for various industries globally. … Read more

Dangerous ICS Malware Targets Orgs in Russia and Ukraine

April 17, 2024 at 04:54PM Two newly discovered malware tools, Kapeka and Fuxnet, have targeted industrial control systems and operating technology in Europe, marking the cyber repercussions of the ongoing conflict between Russia and Ukraine. Kapeka, connected to the Sandworm group, functions as a persistent backdoor, while Fuxnet, used by the Blackjack group, aims to … Read more

UK Government Releases Cloud SCADA Security Guidance

March 18, 2024 at 11:03AM The UK’s National Cyber Security Centre (NCSC) has released guidance for organizations using operational technology (OT) to assess the potential migration of their supervisory control and data acquisition (SCADA) systems to the cloud. The guidance highlights the need for a risk-based decision, considering unique technical requirements and the increased cybersecurity … Read more

Rockwell Automation Hires Stephen Ford as Chief Information Security Officer

March 13, 2024 at 12:45PM Stephen Ford has joined Rockwell Automation as VP and Chief Information Security Officer. With prior experience at McKesson Corporation, HP, and academic institutions, Ford holds a bachelor’s degree in computer science, an MBA from Prairie View A&M University, and a master’s degree from Harvard University. He will report to Chris … Read more

Webinar Tomorrow: OT Cybersecurity Risk Mitigation Strategies

March 4, 2024 at 08:48AM Increased digital technologies and connectivity in industrial operations raise cybersecurity risks for Operational Technology (OT). Compliance with NIST, NIS2, ISA, and IEC standards is crucial for mitigating OT cybersecurity threats. Join SecurityWeek and Honeywell for a live webinar on March 5th at 11AM ET to gain insights from industry experts … Read more

Chinese hackers hid in US infrastructure network for 5 years

February 7, 2024 at 03:11PM The Chinese cyber-espionage group Volt Typhoon infiltrated U.S. critical infrastructure networks, remaining undetected for at least five years. They utilize living off the land techniques, stolen accounts, and strong operational security to maintain long-term access. U.S. authorities warn of potential disruption to critical infrastructure, with mitigation advice provided alongside the … Read more

Salvador Technologies Raises $6M to Empower Cyber Resilience in Operational Technologies and Critical Infrastructures

December 19, 2023 at 06:57PM Salvador Technologies, a cyber-attack recovery platform provider, has secured $6m in funding, led by Pico Venture Partners. Founded in 2020, the company offers security failover technology for critical infrastructures, allowing recovery within 30 seconds from cyber-attacks. Their customer base includes multinational corporations and critical infrastructure organizations in various industries and … Read more

Pro-Iran Attackers Access Multiple Water Facility Controllers

December 8, 2023 at 04:49AM US infrastructure may be compromised by Iran-linked attackers targeting PLCs, warns a coalition of US and Israeli agencies. The CyberAv3ngers group, believed to be connected to Iran’s IRGC, attacked a Pennsylvania water authority and may have accessed multiple facilities since November 22, exploiting poorly secured internet-connected devices. Meeting Takeaways: 1. … Read more

Ransomware, Data Breaches Inundate OT & Industrial Sector

December 7, 2023 at 02:05PM Over 75% of industrial firms experienced ransomware attacks last year, with 54% impacting operational technology. Attacks increased due to the industrial sector’s vulnerability and tendency to pay ransoms. Despite increased IT and OT security incidents, industrial sectors remain primary targets, with geopolitical tensions exacerbating threats. Victims often pay ransoms, urging … Read more

Dragos Expands Defense Program for Small Utilities

December 7, 2023 at 09:52AM Dragos broadens its Community Defense Program to aid underfunded small utilities in protecting their critical infrastructure from advanced cyber threats by offering free access to its cybersecurity tools, training, and the OT-CERT network for entities with annual revenues under $100M. **Meeting Takeaways:** 1. **Expansion of Dragos Community Defense Program:** Dragos … Read more