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Re: 2morrowsGains post# 114545

Friday, 07/26/2024 9:20:52 AM

Friday, July 26, 2024 9:20:52 AM

Post# of 114738
CSPI...ARIA Cybersecurity asked to update the industry on cybersecurity risk measurement and attack defense strategies

BOSTON, MA / ACCESSWIRE / July 26, 2024 / ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPi), has been selected to update the industry on how to measure the cybersecurity risks facing industrial operations-and how to guard against them-at the Rockwell Automation Fair hosted by Rockwell Automation. Taking place November 18th - 21st in Anaheim, California, the event will bring together 10,000 leaders from across the industry to discuss the latest challenges facing industrial automation, including the sharp increase in cybersecurity attacks on critical infrastructure. ARIA will showcase its award-winning cybersecurity solution, AZT PROTECT™, in the exhibition and will present in the conference program.

In the session, "How to Measure the Risk of a Cybersecurity Attack," ARIA chief executive Gary Southwell will present an in-depth review of the latest attack techniques and their financial impact. He will outline how insurance providers are measuring this risk and how companies can comply with new insurance and regulatory requirements. Southwell will share a range of use cases to demonstrate how companies can apply reduction techniques to reduce measurable risk.

Starting with the Colonial Pipeline attack in 2021, sophisticated cyberattacks targeting operational technology (OT) environments and critical infrastructure have skyrocketed. Since then, ARIA has detected more than 700 similar attacks. The high-profile ransomware attack on Merck, for example, resulted in a $1.4 billion impact and led to a lengthy legal battle with its insurers to recover the losses.

"Hostile nation-states and organized cybercriminals are responsible for a dangerous new wave of sophisticated attacks on the nation's critical infrastructure, which risks destabilizing our society and economy," commented Southwell. "Despite the increasing prevalence of attacks, many manufacturing companies are ill-equipped to defend against them - or even measure their impact. Reducing cyber risk is now a top priority for CISOs around the world and we look forward to sharing our insights on the way forward."

ARIA and Rockwell are collaborating to bring new solutions to manufacturing environments that complement existing passive and active defenses - and pick up what they miss. ARIA recently joined Rockwell's PartnerNetwork™ to bring its breakthrough AZT PROTECT solution into the Rockwell ecosystem. To learn more checkout Rockwell and ARIA's CybeRx webinar

AZT PROTECT was launched in July 2023. It is a fully automated solution that comprehensively secures OT applications against all threats - both known and unknown - stopping attacks without ever relying on potentially disastrous AV cloud updates, nor constant patching. Purpose-built to stop sophisticated nation-state and supply-chain attacks that existing defenses miss, helping both industries and government protect the revenue and services generated by their critical infrastructure.
https://finance.yahoo.com/news/aria-cybersecurity-highlight-impact-industrial-120000984.html


The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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