Claroty envisions a future where cyber and physical worlds are safely connected

New York headquartered cybersecurity unicorn Claroty is the industrial cybersecurity company trusted by the world’s largest enterprises. They have a presence in Europe, Asia-Pacific, and Latin America, and deployments on all seven continents, helping customers reveal, protect, and manage their Operational Technology (OT), Internet of Things (IoT), and Industrial Internet of Things (IIoT) assets.

The company’s comprehensive platform connects seamlessly with customers’ existing infrastructure and programmes while providing a full range of industrial cybersecurity controls for visibility, threat detection, risk and vulnerability management, and secure remote access, all with a significantly reduced total cost of ownership.

Claroty is a strong partner for companies in the oil and gas, utilities, manufacturing, water, and electrical power industries.

Recently, by raising US$400 million in a Series E round, co-led by new investor SoftBank, will aid them in their next forward mission to secure all cyber-physical systems (CPS) across industrial, healthcare, and enterprise environments – the Extended Internet of Things (XIoT) and entering an agreement to acquire Medigate, a leading healthcare IoT security company.

Claroty has also been voted as the Best in IoT & Supply Chain Security solution in the 2021 CybersecAsia Readers’ Choice Awards. This annual awards programme showcases cybersecurity solutions and service providers that have made the most impact on their organisations in the course of the last 12 months.

According to Eddie Stefanescu, General Manager of Asia-Pacific and Japan (APJ) and Vijay Iyer, Regional Vice President – Solutions Engineering, APJ, at Claroty, critical infrastructure organisations continue to modernise their production sites by introducing more Internet-connected devices into them, however, these devices can also serve as new entry points for ransomware and other threats that could disrupt operations.

Eddie and Vijay also talk about:

• How customers use their products and solutions
• Operational technology (OT) networks, and why it is critical to manage operational technology cybersecurity in industrial infrastructure
• How Claroty fill the gap for enterprises that face the unanticipated challenge of pivoting to remote operations due to the Covid-19, especially at a time when many organisations lack secure remote access capabilities, especially concerning operational technology (OT)
• The convergence of operational technology and IT, as industrial networks and devices have migrated to Ethernet networking, and TCP/IP technologies
• The differentiator factor between Claroty and other specialist providers
• The changes in terms of operational technology cybersecurity prioritisation, spending, practices, and regulations implemented in the region with the persistent and rise of threat actors
• Incident reporting procedures and cybersecurity practices are not mandatory in many markets. Just like financial services compliance, they explain their views on standards of reporting for key industrial sectors particularly in key industries such as energy energy,  transportation, and  healthcare
• The trends in operational technology cybersecurity markets both globally and in the Asia Pacific region in the next two years
• The factors which influenced SoftBank to be a new investor in their recent US$400 million Series E funding round
• Insights on the Medigate acquisition
• What is next for Claroty in 2022

Guests: Eddie Stefanescu, General Manager of Asia-Pacific and Japan (APJ) and Vijay Iyer, Regional Vice President – Solutions Engineering, APJ at Claroty. 

Host: Brian Fernandez

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