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Claroty Edge, the newest addition to The Claroty Platform, meets the needs of CISOs tasked with a range of industrial cybersecurity objectives in a post-pandemic world.
Studies show that mergers and acquisition (M&A) activity will continue to lead economic recovery in a post-pandemic world for a variety of reasons, including to increase scale, innovate for growth, and restructure for a new environment. Megadeals of at least $5 billion in value started to rise again in the second half of 2020, and we can expect a stronger bounce in 2021 in critical infrastructure sectors.
During this same period, we’ve seen a rise in targeted attacks on critical infrastructure that also shows no signs of slowing down. But as the first major shutdown of critical infrastructure due to a cyberattack in the nation’s history, the ransomware attack on Colonial Pipeline was a tipping point. In the days that followed, the White House issued an Executive Order focused on protecting IT and operational technology (OT) networks. And the Transportation Security Administration (TSA) is mandating incident-reporting and hardened cybersecurity practices from pipeline owners and operators, many of whom operate privately within this critical infrastructure sector.
The confluence in deal making and U.S. government cybersecurity mandates make it more important than ever that CISOs ensure their industrial cybersecurity program can support their organization’s consolidation plans. Cybersecurity assessment is a critical component of the M&A checklist, alongside traditional items such as financial matters, contracts, legal and regulatory issues, intellectual property, sales, personnel, and the competitive landscape. CISOs need an industrial cybersecurity solution that can provide a faster, easier, and more flexible way to conduct M&A due diligence, such as a risk and vulnerability assessment, on target companies’ industrial networks.
Claroty Edge, the newest addition to The Claroty Platform, meets the needs of CISOs tasked with this challenge in three ways:
If your organization is among the many considering an M&A strategy to drive growth and expansion in the post-pandemic world, Claroty Edge is a valuable addition to your due diligence toolkit. Speak 1:1 with a Claroty expert today.