Xage Security has been named a winner in the IoT/IIoT Security/Critical Infrastructure category in the fourth annual CyberSecured Awards. Xage was selected by an anonymous panel of judges from the cybersecurity industry, chosen by the editorial staff of Security Today.
The need to secure industrial IoT (IIoT) is urgent. While adoption of these devices enables operations to experience greater efficiency and productivity boosts, they also introduce exponential risk since these devices often offer limited or zero built-in security controls. Furthermore, the manufacturing industry is still the most targeted industry by cybercriminals, according to the 2023 IBM Cost of a Data Breach report. The reasons for this are multiple, chief among them the industry’s prolific reliance on insecure devices, including IIoT devices, and their low tolerance for down time or disrupted operations.
Also pressing is the need to secure critical infrastructure, a set of sixteen sectors deemed by the United States government to be critical to national, public, and economic security. While these industries each face their own unique challenges, there are some common challenges for critical infrastructure.
Xage addresses both acute needs for IIoT and critical infrastructure security with the Xage Fabric Platform. The Xage Fabric Platform is an all-encompassing zero trust mesh that secures every interaction—local or remote—and enables secure data flow across the intricate web of OT, IT, and cloud environments. The Xage Fabric seamlessly overlays existing infrastructure without disrupting operations. With no need to rip and replace existing operational technology, including IIoT devices, customers see a significant reduction in costly production downtime while cyber-hardening existing critical operational assets.
We are proud to be recognized by the CyberSecured Awards for our innovative approach to addressing critical infrastructure challenges. Existing access-control offerings, which are traditionally perimeter- and zone-based, are severely lacking when it comes to securing critical infrastructure. As threats like ransomware attacks increase in volume and sophistication, these outdated strategies are quickly growing unable to provide adequate protection, because one compromise inside the perimeter can potentially shut down the entire operation. The Xage Fabric takes a different approach. As a cybersecurity mesh–it provides a simple, identity-based model for protecting every asset and application, including those incompatible with traditional identity and access management solutions.
To learn more about our approach to securing Industrial IoT and critical infrastructure, check out the Xage Fabric Platform.