Israel-based Nation-E recently expanded into the United States with two new offices. Nation-E is a provider of proactive cybersecurity solutions that securely bridges the gap between the isolated operational technology (OT) and the information technology (IT) domains, and has opened two new offices in the United States to expand its footprint on a global scale. The first office, located at 5201 Great America Parkway in Silicon Valley, will act as the company's U.S. headquarters. The second office, located at 555 Madison Avenue in the heart of New York City's financial district, will act as a showroom for the company's technology with a strong focus on building management systems for new clients.
Nation-E offers innovative solutions for defending industrial infrastructure and the smart grid environments. It incorporates three main components: Smart Agents: Hardware devices attached to critical assets with serial interfaces in order to monitor, protect and secure assets. Energy Firewall: Collects and orchestrates real-time information acquired by the Smart Agents. Cerebrum: Analyzes the information collected by the Energy Firewall and provides command and control center as well as detailed dashboards, reports and alerts.
Focusing on the last-mile of distributed energy assets, Nation-E's platforms embed cybersecurity, risk management, big-data analytics, and full command and control capability into previously unprotected infrastructure. The company excels in shielding from a variety of threats and vulnerabilities such as smart-grid hacking and insider threats.
In the 2015 Cost of Data Breach Study by IBM and the Ponemon Institute, the average total cost of a data breach increased from $3.52 million in 2014 to $3.79 million in 2015. According to Idan Udi Edry, CEO at Nation-E, the solution to reduce this number and avoid future cyber-attacks is to protect the hidden areas within a company's OT layers.
"It's crucial to identify the vulnerable parts of the critical infrastructure within an organization's OT layers. This is especially true with industrial companies that are aiming to transition to the next generation of industrial IT -- Industry 4.0," said Edry. "What happens is that the physical assets within a company's operational technology layers become extremely vulnerable when transitioning to the IT domain, making it very simple for hackers to access and control critical infrastructure. This is why we are seeing high numbers of attacks on physical assets, the internet of things and especially the industrial internet of things."
