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IXDen's solution approach to OT system protection covers Industrial IoT cybersecurity and sensor data integrity. Leveraging patented biometric IoT device identity and multifactor authentication, IXDen achieves sensor data integrity on a sensor level while providing at-the-source threat detection. \n\nIXDen has developed a software-only anomaly-detection and multifactor device authentication system based on proprietary algorithms and patented AI. Its platform enables customers to have full visibility into the health of their enterprise; manage the security levels of their networks, 100% of their sensors and programmable logic controllers (PLC); predict equipment failures;  and save millions of dollars by identifying and mitigating breaches of data integrity in real time. IXDen’s biometric, identity-based and patented system addresses both cybersecurity and operational demands as the core technology constantly tracks all of the sensors’ data and changes, ensuring that any malfunctions or anomalies are recorded and addressed. \n\nIXDen leverages proprietary behavioral and mathematical algorithms, statistical analysis, machine learning, and patented artificial intelligence to model the behavior of various industrial physical systems, attaining deep understanding of the device data, software, and hardware. The solution provides data veracity and device security without any hardware or security keys stored on the device.\n\nIXDen offers OT teams the system health indicator, reflecting the health of the data and security level, enabling better prediction of potential system misbehavior. The company serves diverse markets and sectors, including water, energy, gas, oil. 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This recognition highlights IXDens innovative AI platform that secures critical infrastructures from cyber threats and operational failures. The program provides IXDen with significant support, including access to Google resources, mentorship, and expertise in business development, strategy, and marketing. This partnership is expected to accelerate IXDens growth and enhance its technology. 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The technology monitors and detects changes in sensor and controller behavior, providing real-time threat detection and anomaly detection. This partnership aims to protect against cyber-attacks and ensure the operational continuity and resilience of Mekorots water management systems. The rollout will continue in 2024, covering thousands of water sites nationwide. The integration is seen as a crucial step in protecting vital national infrastructures and maintaining the daily life of citizens.","partners":["Mekorot"],"customers":["Mekorot"],"investors":[],"confidence":10,"key_topics":["AI technology","cyber-attacks","water infrastructure","sensor monitoring","data security"],"date_of_event":"2024","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"z2b5nJiEUGRvM7eWwdmfkUy56S55hrdaPizVWpAiykMkuQdFphpnJT","news_summary":"IXDen, an Israeli start-up that has developed a patented AI platform for securing critical infrastructure from cyber-attacks, will accomplish implemented solutions in over 70 water sites across Israel","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"59926971-0a82-41c8-ab59-8c3d95fcaaed","date":"Mar 16, 2022","link":"https://automation-update.co.uk/2022/03/16/ixden-launches-all-in-one-software-for-failure-predictions-and-cybersecurity/","source":"automation-update.co.uk","visible":1,"analysis":{"tags":"cybersecurity, OT failure prediction","company":"IXDen","layoffs":null,"summary":"IXDen has developed an autonomous software that combines OT failure prediction and cybersecurity. The software analyzes data from sensors and industrial equipment to detect anomalies that indicate a cyberattack or OT failure. The companys solution provides real-time detection and monitoring of OT malfunctions and cyberattacks, allowing operations managers to validate the overall health and reliability of the OT system. IXDens software has been successfully installed at Mekorot, the national water company of Israel, and has predicted failures in advance, potentially saving millions of dollars. The company plans to expand its market to the US and Europe and has secured connections with various associations in the water industry.","partners":null,"customers":"Mekorot","investors":null,"confidence":8,"key_topics":["autonomous software","cybersecurity","OT failure prediction","biometric identity","multi-factor authentication"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"4DPWGk4cLxeRYhLaheI32yeKzfvArTfTCZHRW1MOfPw7Ux58yIOBbM","news_summary":"IXDen launches all-in-one software for failure predictions and cybersecurity - Automation Update","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"58becb61-841d-47c7-bbfe-0c6d8cb605ff","date":"Jun 21, 2021","link":"https://www.timesofisrael.com/spotlight/startup-steps-up-to-defend-israels-water-network-against-iranian-cyberattackers/","source":"www.timesofisrael.com","visible":1,"analysis":{"tags":["IoT cybersecurity","water systems","cyberattacks","interconnected devices","machine learning","behavior patterns"],"company":"IXDen","layoffs":null,"summary":"Israeli national water carrier Mekorot has partnered with and invested in IXDen, a local startup that provides cybersecurity solutions for interconnected devices. IXDens technology uses machine learning and behavior patterns to detect deviations from normal or expected behavior, protecting against cyberattacks and malfunctions. The market for IoT cybersecurity is growing rapidly, and IXDen aims to address the increasing vulnerability of critical infrastructure networks. The software-based solution can be installed remotely and is applicable to various IoT devices. 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The company emphasizes the continuous improvement and adaptation of its cyber defense systems.","partners":"IXDen","customers":null,"investors":"N/A","confidence":8,"key_topics":["Water infrastructure","Cyber threats","Smart water management","Investment in startups","Cyber defense"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"kJMjzTdICWp9DcJmWq2tx9FI48zN7kBLJhLq14mnPc3z5QcTd7b987","news_summary":"Smart Water: How Mekorot handles increasing cyber threats","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"b4110f82-76df-46bb-88fc-2a9a0776159a","date":"Jan 16, 2020","link":"https://www.arcweb.com/blog/ensuring-trustworthiness-industrial-devices","source":"www.arcweb.com","visible":1,"analysis":{"tags":["industrial devices","trustworthiness monitoring","cybersecurity"],"company":"IXDen","layoffs":null,"summary":"The article discusses the importance of monitoring the trustworthiness of industrial devices to mitigate risks and ensure proper operation. 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The article emphasizes the need for continuous trustworthiness monitoring and the shared interest of users and suppliers in understanding the trustworthiness of industrial devices.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["trustworthiness monitoring","industrial devices","cybersecurity","legacy systems","behavioral analysis"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"v5J6iG4yKNst0VtJrduIHVTgmRr9mdQ54dXzoAUjBDUEGUhpxD5NCK","news_summary":"Ensuring Trustworthiness of Industrial Devices","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"d50f658c-3ed0-4a08-b0b6-607b5ef533c9","date":"Jul 18, 2019","link":"https://www.prnewswire.com/news-releases/ixden-launches-new-iot-security-protection-solution-following-data-breach-on-billions-of-smart-home-devices-300887297.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":["IoT security","smart homes","cyberattacks","data breach"],"company":"IXDen","layoffs":null,"summary":"IXDen has announced their new product IXDen Smart Homes which aims to protect IoT devices against cyberattacks, tampering, and data manipulation. The software utilizes behavioural biometrics and multifactor authentication driven by AI and ML. The announcement comes after a massive data breach of a smart home device platform, highlighting the need for improved security standards. IXDens solution aims to secure smart home devices and ensure the safety of customer data. By 2020, there will be an estimated 30 billion IoT devices in use. 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