OTORIO News
12 articlesThe cybersecurity company sheds 45 employees, with 25 based in Israel, as part of restructuring.
Armis buys Otorio for $120M to beef up cybersecurity in physical spaces | TechCrunch
growth-positive
/PRNewswire/ -- OTORIO, a leading provider of OT cybersecurity solutions, has introduced the CSAV (Compensating Scoring for Asset Vulnerability) Framework, a...
OTORIO, a leading provider of OT cybersecurity solutions, has introduced the CSAV (Compensating Scoring for Asset Vulnerability) Framework, a new methodology for quantifying cybersecurity risks in operational technology (OT) assets that lack published CVEs. The framework was presented by Yair Attar, Co-Founder and CTO of OTORIO, at the S4*25 conference. The CSAV Framework aims to address the challenge of evaluating risks in OT devices that are not covered by traditional vulnerability databases. By leveraging specific vendor and asset parameters, the framework provides a more actionable risk evaluation. OTORIO is encouraging industry collaboration to refine and expand the CSAV methodology, promoting a shift in how unknown cyber risks are assessed and mitigated in OT environments.
Growth-Positive
OTORIO Researchers Uncover Critical Vulnerabilities in Building Security Systems
Cybersecurity firm OTORIO has revealed research on the security risks associated with modern Physical Access Control Systems (PACS). The research, presented at Black Hat Europe 2023, shows that these systems, designed to enhance building security, can serve as entry points into internal IP networks. The researchers demonstrated how attackers could bypass these systems to gain unauthorized access to secure facilities and breach internal IP networks. The findings highlight the need for a comprehensive revaluation of building access control measures.
Customers
growth-positive
OTORIO Named "Cutting Edge in OT Security Solution" in 11th Annual Top InfoSec Innovator Awards
OTORIO, a provider of OT cyber risk management solutions, has been named Cutting Edge in OT Security Solution in Cyber Defense Magazines 11th Annual InfoSec Innovator Awards. OTORIOs RAM² solution serves as a comprehensive and proactive OT cyber risk management solution, helping industrial manufacturers and critical infrastructure organizations stay ahead of cyber threats and reduce OT and IIoT security risks and vulnerabilities. The solution includes innovative Attack Graph Analysis patented technology, integrated into its Cyber Digital Twin model.
Customers
growth-positive
OTORIO Named "Policy Management Solution Provider of the Year" in 7th Annual CyberSecurity Breakthrough Awards Program
OTORIO, a provider of OT cyber risk management solutions, has been named Policy Management Solution Provider of the Year in the 7th annual CyberSecurity Breakthrough Awards program. The award was granted by CyberSecurity Breakthrough, an independent market intelligence organization. OTORIOs RAM² platform, which protects industrial control systems and cyber-physical systems, was recognized for its robust security controls and risk assessment capabilities. The platform also helps organizations demonstrate policy compliance with stringent OT security regulations and standards, thereby avoiding penalties and fines.
Customers
growth-positive
OTORIO and HSB Launch Warranty That Leverages Risk Management Strategies to Enhance Insurability and Protect Operational Efficiency
Operational technology (OT) cyber and digital risk management solutions provider OTORIO and specialty insurer HSB have announced a collaboration to raise awareness of OT security and risk reduction. As part of the collaboration, they have developed a limited performance warranty supporting the implementation of OTORIOs OT security cyber risk management solutions into various business applications. The warranty covers OT equipment protected by OTORIOs Risk Assessment, Monitoring and Management (RAM²) platform or has undergone an OTORIO spOT risk assessment and has been optimized as recommended.
PartnersCustomers
growth-positive
OTORIO Transforms OT Security with Advanced Attack Graph Analysis
OTORIO, a provider of operational technology (OT) cyber and digital risk management solutions, has announced a significant advancement in OT security with the availability of its Attack Graph Analysis technology, integrated into the companys Cyber Digital Twin (CDT) model. The CDT model allows organizations to gain dynamic visual network topology and advanced risk assessment, enabling proactive management of vulnerabilities in their OT infrastructure. The announcement follows OTORIOs recent securing of a patent from the U.S. Patent and Trademark Office for its risk management model and attack graph analysis algorithm.
CustomersInvestment
Growth-Positive
OTORIO Secures U.S. Patent for Innovative Operational Network Risk Mitigation System and Method
OTORIO, a provider of operational technology (OT) cyber and digital risk management solutions, has secured a patent from the U.S. Patent and Trademark Office (USPTO) for its risk management model and attack graph analysis algorithm. The patent validates OTORIOs proprietary technology and positions it as a pioneer in the OT security market. The patented technology calculates OT cybersecurity threats by analyzing and visualizing four key components -- threat, likelihood, vulnerability, and impact -- and provides risk mitigation actions prioritized according to actual exposure and potential impact on operations.
CustomersPartners
growth-negative
https://www.bloomberg.com/news/articles/2020-01-28/-snake-ransomware-linked-to-iran-targets-industrial-controls
Israeli cybersecurity firm Otorio believes a new strain of ransomware called Snake was created by Iran and has the ability to lock up or delete industrial control systems. The ransomware encrypts programs and documents on infected machines and removes all file copies, making it difficult for victims to recover their files.
Customers
growth-positive
Calcalist's Top 50 Startups 2019: #18-#25
Israel-based conversation analytics startup Gong has raised $68 million in funding. Gongs technology provides sales representatives with real-time insights into their interactions with customers by analyzing recorded phone calls. The company employs 150 people in both Israel and the U.S.
Investment
https://www.andritz.com/spectrum-en/news/news--andritz-and-otorio-provide-world-class-cybersecurity-solutions
