Upstream Security has announced it received an investment from Cisco Investments. The proliferation of complex IoT devices in the mobility, automotive, and transportation sectors introduces unprecedented operational efficiencies, data-driven services and solutions, and exceptional customer experience. However, advanced connectivity and software-defined components also open the door for large-scale cyber risks, threatening business availability and data integrity.
Upstream already protects millions of mobility connected vehicles and IoT devices worldwide, offering a cloud-based multi-layered approach to extended detection and response.
“We are thrilled to welcome Cisco Investments to our group of investors,” said Yoav Levy, the co-founder and CEO of Upstream Security. “This investment provides a unique opportunity to deepen our impact on the IoT sector, and more specifically mobility, automotive and transportation.”
This investment by Cisco Investments amplifies the need for purpose-built IoT cybersecurity solutions that will safeguard the mobility and IoT ecosystem across the entire development and production lifecycle.
“Together with our partners, Cisco is enabling automobile manufacturers across the globe to provide mission-critical, secure connectivity as cars transform into data centers on wheels,” said Aleem Rizvon, a vice president at Cisco Investments. “With an expected 95% of new vehicles having embedded connectivity by the year 2030, we can also expect a rise in automotive cybersecurity threats. Investing in solutions, to ensure the right safeguards for secure connectivity and operation are in place, is critical to instill the trust needed for wide adoption of the technology, not just in the automotive segment, but more broadly for other IoT applications, as well.
Upstream’s cloud-based IoT XDR platform analyses, in real-time, the contextual state of physical IoT assets and their connected ecosystem, to holistically identify and mitigate cyber risks. The Platform is agentless, requiring no installation of software or hardware, enabling rapid deployment and comprehensive coverage of devices already in production.
The Platform ingests, parses, and normalises vast amounts of connected vehicle data, IoT protocols, telematics, API transactions and other data streams from tens of millions of devices, endpoints and application consumers. This data enables the creation of unique digital twins—near real-time representations of devices and endpoints, facilitating holistic and effective detection. By monitoring devices, services and overall asset behavior, the Platform detects both known and unknown anomalies based on proprietary ML-powered models.
Coupled with a purpose-built vehicle security operation center (vSOC), dedicated for monitoring and investigating connected vehicles and IoT cyber threats, Upstream provides a holistic suite of cybersecurity solutions and services to enable customers to proactively identify and remediate cyber threats. Utilising Upstream’s Ocean AI, Generative AI-powered capabilities, accelerates the investigation remediation process.
Comment on this article below or via X: @IoTGN
April 11, 2024
Posted by: Magda Dabrowska
Nozomi Networks has announced it has extended its partnership with Yokogawa Electric Corporation to address global demand for managed security services and solutions designed to holistically satisfy the unique OT and IoT cybersecurity requirements of process manufacturers. Yokogawa will offer Nozomi Networks’ advanced solutions for OT and IoT visibility, network monitoring and threat detection to customers worldwide as part of Yokogawa’s OpreX Managed Services. Yokogawa will also resell standalone solutions from Nozomi Networks to customers who manage their security programs in-house. (more…)
March 28, 2024
Posted by: Magda Dabrowska
ProvenRun has announced a fundraising round of €15 million, a significant investment being led by Tikehau Capital, a global alternative asset manager. Tikehau Capital is investing through its new vintage of Brienne, a private equity cybersecurity strategy in collaboration with the French Ministry of Defence’s Definvest fund, which is managed by Bpifrance. (more…)
December 12, 2023
Posted by: Magda Dabrowska
As the appreciation of data-driven insights gathered from both consumer and industrial products continues to grow, IoT devices are proliferating globally. With the availability of high-speed connectivity spreading around the word – and the development of ever more capable products – many of the technical barriers that have previously restricted these devices are no longer a problem, writes Mozammul Ahmed, an edge and technology expert at Mobica. (more…)
October 11, 2023
Posted by: Magda Dabrowska
CNLABS, a globally accredited network product certification and interoperability test laboratory, has announced setting up the cyber security innovation lab at the University of New South Wales (UNSW) in Sydney, Australia. Over the past decade, CNLABS has gained domain skills in SDN (software-defined networking), NFV, IPv6, IIoT (industrial internet of things), and cloud networking. (more…)
September 11, 2023
Posted by: Shriya Raban
Orange Business, Orange Cyberdefense and Palo Alto Networks have joined forces. They will deliver managed Secure Access Service Edge (SASE) solution that meets enterprise customers’ most demanding networking and security requirements with high performance, simplicity, and Zero Trust Network Access 2.0. (more…)
June 22, 2023
Posted by: Shriya Raban
Cyber security is becoming increasingly important in the manufacturing industry as the use of technology and connectivity grows. With the rise of the Industrial Internet of Things (IIoT), manufacturers are vulnerable to cyber attacks that can result in data breaches, production disruptions and even physical harm to employees. Here Stephen Hayes, managing director at automation and control technology specialist Beckhoff UK, explores the risks that surround using complex software for automation and how machine builders can mitigate these risks. (more…)
June 13, 2023
Posted by: Shriya Raban
London, UK. 23 May 2023 – ThreatQuotient, a security operations platform provider, and Thales, announced that Thales has standardised on the ThreatQ Platform to develop and scale its advanced, personalised, threat intelligence services. Thales now operates the Cyber Threat Intelligence (CTI) team in Europe and has elevated its CTI practice into a advantage, with a team of 50 threat intelligence and geopolitical analysts now delivering highly personalised threat intelligence to clients worldwide. The team utilises the ThreatQ Platform to deliver integrated, tailored, and prioritised threat intelligence drawn from expanding number of diverse threat data sources and cybersecurity tools. (more…)
May 25, 2023
Posted by: Shriya Raban
Intelligence is now considered essential to the process of identifying, understanding and acting upon threats. According to the ‘Global Perspectives on Threat Intelligence’ study conducted by Mandiant, 96% of decision-makers interviewed for the research believe that it is important to understand which cyber threat actors could be targeting their organisation. Consequently, says Jay Allmond, threat intelligence engineer at ThreatQuotient , threat Intelligence should be fully integrated into the internal mechanisms linked to threat detection and response. (more…)
May 19, 2023
Posted by: Shriya Raban
The Digital Europe Programme is the EU funding programme aiming at bolstering Europe’s technological sovereignty and bringing digital solutions to market for the benefit of citizens, public administrations, and businesses. (more…)
April 4, 2023
Posted by: Shriya Raban