Radiflow, a renowned provider of cybersecurity solutions for industrial automation networks, announced significant growth in revenues and bookings following the launch of new products in 2020 and continued international expansion. “Although last year has been a challenge for many vendors due to the impact of the global pandemic reducing overall IT spending, the OT cybersecurity space has been relatively unaffected and Radiflow has experienced its best year to date,” explains Ilan Barda, CEO of Radiflow. cybersecurity space “Our critical national infrastructure (CNI) business continued its consistent growth, but the biggest growth has been within manufacturing - an area that had traditionally been less active in the cybersecurity space and has been prompted to strengthen its defences following a number of high-profile breaches during 2019/20 - today, nearly one third of our revenues come from manufacturing.” Radiflow recorded a 2x increase in sales as compared to the previous year and a 3x increase in bookings Radiflow recorded a 2x increase in sales during 2020 compared to the previous year and a 3x increase in bookings building a strong basis to continue its growth in 2021. Regionally, Europe has been the fastest growing sales territory for Radiflow including new customers in power, oil & gas and manufacturing. In parallel 2020 did also see major deals in North America and Asia Pacific including new US power utilities and national water and transportation operators in APAC. Critical business operations As of December 2020, Radiflow industrial cybersecurity solutions for critical business operations have been successfully deployed in over 5,000 sites by major utilities and industrial enterprises worldwide. Radiflow has also grown its team and partner community to meet international expansion. A major highlight is the creation of a new sales team to cover Western Europe led by the appointment of 2 new sales directors: Jesper Nilsson, Sales Director, who brings extensive experience in cybersecurity including his last role in CyberX and Katrin Rabe, Channel Director, who worked in large multi-national industrial automation vendors such as GE. Risk modeling and management On a commercial level, Radiflow expanded its network of partners especially with tier-1 system integrators that can serve the new tier-1 customers and provide the suite of services around Radiflow products. For example, Radiflow announced a collaboration with Mitsubishi Electric UK to address the needs of IEC62443 cybersecurity standards in the Critical Infrastructure and Industrial Automation markets. Radiflow will be announcing additional such partnerships with global system integrators during the first half of 2021. Part of the surge in sales in 2020 and increased pipeline for 2021 is due to the launch of Radiflow CIARA, a new platform offering Cyber Industrial Automated Risk Analysis (CIARA) to deliver emerging best practice around risk modeling and management using the ISA/IEC 62443 series of standards. Assets data collection CIARA uses automatic data-driven algorithms as a response to the growing digitisation of the production floor CIARA is the first fully automated tool for assets data collection, data-driven analysis and transparent risk metrics calculation, including risk scoring per zone and business process based on business impact. The unique platform uses automatic data-driven algorithms as a response to the growing digitization of the production floor. “CIARA delivered a number of industry firsts and addressed a significant sector wide need to streamline previously complex and time-consuming risk assessment processes,” explains Barda. “It not only solves an immediate tactical issue, but has also helped us to expand the conversation with our clients to the wider Radiflow portfolio which has led to significant sales growth.” Industrial automation networks On the technology research side, Radiflow has engaged in several joint projects including with the Fraunhofer Institute of Optronics, System Technologies and Image Exploitation to apply advanced machine learning and artificial intelligence to cybersecurity for industrial automation networks. Radiflow was also part of a project with the National Cybersecurity Center of Excellence (NCCoE) around Cybersecurity for Distributed Energy Resources. “Our goal for 2021 is to capitalize further on the foundation we have built during the previous year,” says Barda. “We have introduced unique technologies combined with a growing partner community and the next phase is to expand our geographic reach to meet the untapped opportunity - especially in Europe.” Barda concludes.
Radiflow, a provider of cyber security solutions for industrial automation networks, announces a collaboration with Mitsubishi Electric UK to address the needs of IEC62443 cyber security standards in the Critical Infrastructure and Industrial Automation markets. Radiflow develops trusted industrial cyber security solutions for critical business operations that have been successfully deployed in over 4,000 sites by major utilities and industrial enterprises worldwide. Security risk assessments The combination of the automation knowledge and tools of Mitsubishi Electric UK with the cyber security and IEC 62443 compliance skills of Radiflow, provides a holistic view of a client’s risk posture. Radiflow will also provide Mitsubishi Electric UK customers with a consultancy service for cyber security, which includes the provision of OT security risk assessments, provision of Radiflow intrusion detection software and general advice on alignment with IEC 62443-3. Supporting asset owners There is a growing demand for solutions that address the requirements of cyber security in the OT space" In addition, the solution will help customers to support asset owners in satisfying the requirements of the NIS Directive along with due diligence in alignment with CPNI (Center for the Protection of National Infrastructure) best practice. Commenting on the announcement, David Bean, Solutions Manager for Mitsubishi Electric UK said, “Our new collaboration with Radiflow provides expertise in the field of OT cyber security which compliments and broadens the services that we offer our customers through the Mitsubishi Electric UK System Service Operation. There is a growing demand for solutions that address the requirements of cyber security in the OT space and we are looking forward to delivering those solutions and building our relationship further with the team at Radiflow.” Data-Driven analysis Ilan Barda, Founder & CEO of Radiflow added, “Radiflow sees huge value for OT organizations to have cyber security services and solutions aligned with their automation systems. By combining the automation knowledge and tools of Mitsubishi with the OT cyber security skills and tools of Radiflow, we are able to provide a holistic view of an organization’s OT risk posture.” In August, Radiflow launched Cyber Industrial Automated Risk Analysis (CIARA), the first fully automated tool for asset data collection, data-driven analysis and transparent risk metrics calculation including risk scoring per zone delivering best practice around risk modeling and management using the ISA/IEC 62443 series of standards.
Radiflow, a globally renowned provider of cybersecurity solutions for industrial automation networks, has announced a major version release for its iSID Detection and Analysis Platform that will enhance operational asset management and streamline analyst workflow to strengthen the security posture of its customers. iSID Detection and Analysis Platform Radiflow’s iSID Detection and Analysis Platform provides proactive cybersecurity for critical infrastructures through non-intrusive monitoring of distributed production networks. “We are listening to our current and potential customers to get more streamlined, easy-to-use, alerts, analytics and reporting capabilities together with additional integration with already deployed OT management and IT cyber security systems,” said Michael Langer, Radiflow Chief Product Officer. Automatic asset identification and threats prioritization The new 5.7 release marks the biggest update to the platform and includes over a dozen improvements. These include automatic asset identification, threats prioritization using dynamic risk calculation and refined Deep Packet Inspection (DPI) across an expanded suite of OT protocols. Another major area of improvement is deeper third-party integration. In an industry-first case, Radiflow iSID will integrate with COPA-DATA zenon, a software platform for the automated operation of manufacturing and infrastructure equipment, installed at 175,000 locations in over 50 countries. Integration with COPA-DATA zenon Integration with COPA-DATA zenon software platform offers a bi-directional integrated solution Integration with COPA-DATA zenon software platform offers a bi-directional integrated solution that enhances the functionality of both the zenon SCADA Management Platform, and the iSID Industrial Threat Detection and Monitoring system, by correlating engineering, automation and cyber-defense data, all accessible through highly-customizable HMIs to create a ‘single-pane’ interface for both operations and security. As part of the integration, zenon users gain cyber security alerts for every asset that are enriched by iSID gaining access to operational information to create better risk scoring. This is enhanced by new investigation capabilities to help define root causes of alerts quickly and to initiate rapid remediation. RSA SecurID integration Radiflow’s integration capabilities have been further strengthened with automatic rule creation and enforcement through Fortinet FortiGate Firewall integration and multi-factor authentication (MFA) to iSID through RSA SecurID integration. These are also supplemented by an expanded and improved REST API SDK. “Our latest release offers enhanced capabilities for mature customers that are expanding their deployments from an initial mapping phase to a more advanced use of the system,” said Ilan Barda, Chief Executive Officer (CEO) for Radiflow. Attaining advanced risk management capabilities Barda adds, “iSID enhanced product features coupled with Radiflow’s superior technical implementation team and our local and global partners’ expertize, will assist cyber security stakeholders within ICS/IIOT sector to achieve advanced risk management capabilities while the new level of integration will streamline the entire process.” Radiflow iSID Industrial Detection Platform version 5.7 is available as an upgrade to all existing customers. Radiflow will be presenting a guest lecture on the topic of third-party security integration at the upcoming Copa-Data zenonIZE-20, online conference on Wednesday June 17th, 2020.
Radiflow, global provider of industrial cybersecurity solutions for industrial automation networks, has announced that the company has been recognized as the Global Customer Value Leader in IT/OT Security for Smart Buildings by the leading analyst firm, Frost & Sullivan. Cybersecurity protection This award from Frost & Sullivan highlights the growing importance that Radiflow is playing in providing cybersecurity protection for smart building operations as dramatically increasing numbers of industrial IoT devices are deployed for building automation systems and smart applications that control building operations, such as elevators, lighting and HVAC systems. Radiflow has been selected for this award for allowing smart building operators to better manage cybersecurity risks with a unique combination of superior technology and attractive partnerships with Managed Security Service Providers (MSSPs). Radiflow correctly recognises building automation security as a promising growth opportunity" “Radiflow correctly recognizes building automation security as a promising growth opportunity and has developed specific use cases for its superior technology for this segment,” explained Swetha R K, Senior Research Analyst at Frost & Sullivan. “Radiflow has already won substantial business for securing building management system networks and is expecting to significantly accelerate growth in this vertical with its win-win partnerships with MSSPs.” iSID Threat Detection System Protecting smart buildings is one of the many growing use cases for Radiflow’s iSID Industrial Threat Detection System, which also includes industrial automation networks and critical infrastructure. iSID builds a network topology map on an OT network and continuously monitors for any changes to this baseline understanding. For a smart building operator, iSID can detect in real-time policy violations of the various maintenance teams and third party suppliers that need to access its OT network. “Many smart building operators lack the internal expertise and bandwidth to internally address OT-specific cybersecurity issues and are increasingly preferring to utilize managed security services from MSSPs to protect both their IT and OT networks,” continued Swetha R K. “Radiflow has recognized this shifting market trend and has proactively taken steps towards implementing an attractive partnership-based strategy with MSSPs.” OT cybersecurity services MSSPs can also offer advanced OT cybersecurity services that leverage iSID’s automated vulnerability mapping Radiflow has recently launched an OT MSSP partner program that provides tools, procedures and expertise for MSSPs to efficiently introduce new cybersecurity services dedicated to ICS/SCADA systems and OT networks. Radiflow works closely with each OT MSSP partner to implement the processes that are required to rollout a full range of OT cybersecurity services, including mapping and monitoring the network topology and connected assets, detecting and responding to security alerts, optimizing end user cybersecurity expenditures and others. MSSPs can also offer advanced OT cybersecurity services that leverage iSID’s automated vulnerability mapping. MSSPs can also offer advanced OT cybersecurity services that leverage iSID’s automated vulnerability mapping and dynamic scoring processes in order to identify the most critical security risks based on the impact to a customer’s specific business operations. Smart Building security “The smart building segment certainly holds a lot of potential for our company and we are pleased with our initial traction in this space with customers in critical facilities, including government buildings, hospitals and banks,” said Ilan Barda, CEO at Radiflow. “This important recognition from Frost & Sullivan confirms our position that using an MSSP-based service ensures the effective evaluation of risks and response procedures.”
Radiflow, a provider of industrial cybersecurity solutions for industrial automation networks, and Trusted Cyber Security Solutions (TCSS), a provider of cybersecurity services and solution, jointly announce that TCSS has joined Radiflow’s OT MSSP Partner program in order to expand its service offerings and pursue market opportunities to provide managed OT cybersecurity services to its industrial customers across central and southern Europe. TCSS is a growing cybersecurity systems integration and consulting firm based in Vienna, Austria. The company currently provides a range of IT-related cybersecurity solutions, including consulting, professional and managed services, to its corporate and government customers through the DACH, Balkan and Adriatic regions in Europe. Industrial enterprise segment Most of our industrial enterprise customers are in the process of digitizing their operations" Recently, TCSS has experienced significant growth in the industrial enterprise segment with numerous new customers in the manufacturing, automotive, oil & gas and other production-related sectors. As part of an overall effort to expand its service offerings for this customer segment, TCSS has taken the strategic decision to launch OT managed cybersecurity services based on Radiflow’s OT MSSP partner program. “Most of our industrial enterprise customers are in the process of digitizing their operations, which has created a valuable market opportunity for our company to provide ongoing OT cybersecurity services in an MSSP offering,” explained Robert Herscovici, CEO at TCSS. “Radiflow’s comprehensive MSSP partner program will provide us with the framework to rapidly define and rollout important new managed OT cybersecurity services to protect our industrial enterprise customers throughout their Industry 4.0 journeys.” Threat detection system Radiflow’s OT MSSP partner program provides tools, procedures and expertise for MSSPs to efficiently rollout new cybersecurity services dedicated to the ICS/SCADA networks of their industrial enterprise and critical infrastructure customers. By hosting Radiflow’s iSID Industrial Threat Detection System in its cloud environment, an MSSP can offer new OT cybersecurity services, including mapping and monitoring the network topology and connected assets, detecting and responding to security breach alerts and more. We have strong expectations to benefit from Radiflow’s well established experience in the OT cybersecurity sector" MSSPs can also offer advanced OT cybersecurity services that leverage iSID’s automated vulnerability mapping and dynamic scoring processes in order to identify the most critical security risks based on the impact to its specific business operations. “We have strong expectations to benefit from Radiflow’s well established experience in the OT cybersecurity sector and the company’s compelling partnership program,” added Herscovici. Digital transformation projects “We are pleased to welcome TCSS as a new OT MSSP partner and are looking forward to working closely with the company to maximize the value it provides to its customers with their new managed OT cybersecurity services,” said Ilan Barda, CEO at Radiflow. “Based on our experience of working with industrial customers, we see strong benefits in teaming up with MSSPs to deliver an effective framework for industrial enterprises to address their emerging OT cyber risks.” Radiflow will be discussing the benefits of its OT MSSP partner program at the upcoming SANS ICS Europe 2019 event in Munich, Germany on June 24 – 29. Industrial enterprises that are looking to improve the way they address their cybersecurity risks in their digital transformation projects are invited to meet Radiflow’s experts at this event.
Radiflow, global provider of industrial cybersecurity solutions for industrial automation networks, has announced that the company has launched a partner program for MSSPs to offer OT cybersecurity services. OT MSSP partner program Radiflow’s new OT MSSP partner program provides the framework for MSSPs to offer new cybersecurity services dedicated to ICS/SCADA networks to their industrial enterprise and critical infrastructure customers. Radiflow is aiming this offering at MSSPs that already provide IT cybersecurity services and are looking to enter the OT space as well as industrial engineering companies that are interested in expanding their service offerings to include cybersecurity services. Radiflow’s program for OT MSSPs is based on the company’s iSID Industrial Threat Detection System Radiflow’s program for OT MSSPs is based on the company’s iSID Industrial Threat Detection System running in the Cloud environment of an MSSP partner. iSID can be utilized by an MSSP as the starting point for an ongoing network monitoring service that involves building a network topology map of all devices, connections, ports and data traffic flows on an OT network and handling alerts to any changes to this baseline understanding. As part of an ongoing networking monitoring service, an MSSP can also use iSID to detect any breach attempts and apply security upgrades to any newly detected devices. OT cybersecurity services MSSPs can enhance their OT cybersecurity service portfolio by leveraging the new automated vulnerability mapping and assessment processes included in the recently released version of iSID. Based on an advanced risk assessment engine and attack vector simulation model, iSID dynamically calculates an exploitability score for each device on an OT network and identifies the most critical attack vectors. MSSPs can utilize these dynamic mapping and scoring capabilities for a service that involves remediating vulnerabilities that are prioritized based on the specific context of a customer’s OT network and the impact on its business operations. “Most industrial enterprises and critical infrastructure operators lack the internal resources to adequately protect their OT networks,” said Aaron Sherrill, Senior Analyst at 451 Research. “This situation has created a unique opportunity for MSSPs, and Radiflow offers them the tools, procedures and expertise required to establish the framework for building OT-dedicated cybersecurity services.” iSID Industrial Threat Detection System For customers that prefer to maintain cybersecurity operations on-premise, Radiflow provides the option of granting the MSSP secure access for network monitoring with an iSID system that is installed at the customer’s facility. We are joining Radiflow’s new OT MSSP partner program at an exciting time in the Building Security Management space" The firm works closely with each OT MSSP partner to implement the processes that are required to rollout a full range of OT cybersecurity services. These services can include monitoring the network and networked assets, providing status reports, deactivating active and upcoming threats, provisioning software updates and patches, optimizing end user cybersecurity expenditures and preparing the end user for a cyberattack. Building Security Management "We are joining Radiflow’s new OT MSSP partner program at an exciting time in the Building Security Management space we work in,” said Marc Benattar, CEO at Kalis Consulting in France. “Most of our customers are rapidly introducing new digitally-driven, yet technically vulnerable devices to their OT environments. This strategic partnership positions us to provide important OT cybersecurity services for our customers and also to improve our service offering.” “For an MSSP to launch OT cybersecurity services, more than just a third party product is needed to succeed,” stated Ilan Barda, CEO at Radiflow. “We offer a complete package to build the framework for these important OT cybersecurity services, including all the necessary tools, procedures and support from our experts.” As part of its business offering to MSSPs, Radiflow provides silver, gold and premium packages, including a free trial period for MSSPs to provide a Proof-of-Value rollout to end customers.