The speed at which defenders within industrial enterprises and critical infrastructure are facing crucial safety and reliability decisions because of cyberattacks is escalating exponentially. Extortion-based incidents, combined with a rapidly growing number of exploitable vulnerabilities in connected industrial control systems is putting pressure on decision makers to improve visibility into operational technology networks and sharpen overall cybersecurity expertise.
This is largely happening because the sanctity of air-gaps is becoming a relic of the past. Organizations are bringing IT and OT management under a single view and connecting once sheltered process-management systems to segments of the corporate network exposed to the internet. Not only are security researchers watching the field, but nimble, advanced attackers are as well. This year alone, not only have we seen more vulnerabilities disclosed—and patched—than at any other time, but for the first time, large-scale critical service interruptions are happening because of criminally motivated and state-sponsored hackers. These interruptions not only impacted IT and OT infrastructure, but also introduced new risks to public safety, and national and economic security.
This is the landscape under which security providers such as Claroty must understand and apply their expertise. Asset owners benefit from trusted partners that deliver what they most need today: asset inventory, an understanding of critical exposures, and how to secure remote connections to control systems and OT networks that are exposed more than ever.
Claroty is that partner to its customers, who span vast industrial verticals, many of which are in critical infrastructure including energy, water, oil & gas, pipelines, food & beverage, pharmaceuticals, and other areas of critical manufacturing. Last week, Claroty was excited and proud to share the news that the company was named a Leader in The Forrester Wave™: Industrial Control Systems (ICS) Security Solutions , Q4 2021. In our opinion, these results reinforce Claroty's value to the industry and commitment to keeping the ICS security domain safe.
We believe that being named a Leader in ICS security with the top score in the current offering category by Forrester is a huge testament to The Claroty Platform being the best industrial cybersecurity solution on the market. As threat actors seek to exploit the digital transformation of industrial networks, these networks face increased exposure to risks that are tough to identify and even tougher to reduce. We tackle this challenge by empowering the world's largest enterprises to identify, manage, and protect their OT, IoT, and IIoT assets—regardless of where they are on their industrial cybersecurity journey.
The Forrester Wave evaluated 12 industrial cybersecurity providers' capabilities in 27 criteria. Some of those evaluation criteria include asset discovery and identification, ICS protocol support, risk and security analytics, secure remote access, and policy and rule management—The Claroty Platform earned the highest score possible in each of those criteria. We also received the highest score possible from Forrester in the product vision, innovation road map, and partner ecosystem criteria.
Among the three Leaders identified by Forrester, Claroty received the top score in both the current offering and Market Presence categories, according to the results.
Claroty is an industrial cybersecurity leader, providing ICS asset visibility and remote access protection through not only our technology, but also supported by a top vulnerability research team. The Claroty Platform, which combines our Continuous Threat Detection (CTD), Claroty xDome Secure Access, and Claroty Edge products, delivers 100% visibility to OT network operators and asset owners. Backed by our proprietary protocol research and vulnerability detection signatures delivered by our research team, Claroty ensures its customers have end-to-end protection that helps defenders meet their safety, reliability, and availability requirements.
The Forrester Wave results cap off a monumental year for the company. Some other noteworthy achievements include:
Announcement of a $140 million funding round in June
Launch of our Team82 research arm
Delivery of Claroty Edge, the industry's first no-touch asset discovery tool
Introduction of Claroty's Focus Partner Program
Claroty Named a Strong Performer in Forrester Wave for Operational Technology Security Solutions, Q2 2024
Medigate by Claroty Wins Best in KLAS for Healthcare IoT Security - Four Years in a Row
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