The group has made more than $74 million in extortion demands and collected more than $43.9 million in ransom payments from victims through November 2021.
A new report says cultural and technical divides are hindering industrial organizations from developing a fully mature security program – a problem that limits visibility throughout the organization and underscores the need for a unified IT/OT security strategy.
The $200 million round was led by Koch Disruptive Investments and investment management firm BlackRock based on a $1.7 billion valuation, the highest of any OT security firm.
Cyberattacks against critical infrastructure in the last year reignited long held concerns about the risks posed by industrial control systems. And though most incidents that grabbed headlines targeted IT systems, not the operational technology used to manage industrial operations, one reality stands clear: owners and operators of these organizations often have little visibility into the full scope of devices accessing their networks.
New research released by Nozomi Networks in tandem with SANS found that 91% of respondents are using cloud technologies to directly support some aspect of industrial control system (ICS) operations.
The disclosure of industrial control vulnerabilities jumped by 41% in the first half of the year as high-profile ransomware attacks against critical infrastructure have grabbed headlines.