Home > News > Top Stories > IPKeys Power Partners Announces New Grid Cyber Security Breakthrough

Software Security

IPKeys Power Partners Announces New Grid Cyber Security Breakthrough

IPKeys Power Partners, the leading cybersecurity, cyber compliance, and smart grid technology company, announced today the release of its groundbreaking SigmaFlow Beacon platform to provide utilities, generators, and grid operators a simple, unified solution for cybersecurity monitoring and compliance requirements.

The SigmaFlow Beacon platform is built specifically to help organizations align with North American Electric Reliability Corp. (NERC) compliance mandates. It provides NERC registered entities with a single solution to advance, simplify and improve existing cybersecurity and monitoring requirements.

"We are pleased to provide utilities, generators and grid operators a system that ensures unification of cybersecurity monitoring and NERC-CIP compliance requirements," said Robert Nawy, CEO IPKeys. "It is long past time for the worlds of compliance and cyber defense to converge to provide cyber assurance for our power grid. The SigmaFlow Beacon unites needed capabilities of real-time cybersecurity monitoring with governance and regulation."

The SigmaFlow Beacon provides one, purpose-built solution for NERC baseline management, collecting the critical cyber data in real time and seamlessly incorporating the approval process within the SigmaFlow workflow and evidence platform. SigmaFlow Beacon technology is built for rapid deployment, making it faster and easier to implement than current monitoring solutions. It will save utilities valuable time, and provide seamless Critical Infrastructure Protection, improved cybersecurity, and audit ready results.

Today, NERC registered entities must use multiple vendors and systems to monitor baseline security and compliance data. These solutions are not connected to workflow, making the correlation between change management and baseline authorization next to impossible because multiple changes could be made since the facilities' last scan.

"SigmaFlow Beacon is a major step towards our vision of bringing compliance and security teams together, at the same time simplifying the act of maintaining compliance while enhancing real world cybersecurity," said Louis Riendeau, IPKeys Vice President, Operations & Product Management.

"Many of our clients and Governance & Regulation communities tend to get a sense of false cybersecurity validation by passing NERC compliance audits, SigmaFlow Beacon and the entire IPKeys Cyber Lab-as-a-Service platform introduces automated NERC compliance and advancement in real cybersecurity protection," said Trey Kirkpatrick, VP, NERC Implementation Services and Consulting.

Benefits of a Unified Approach between Cybersecurity and Compliance

Improved cybersecurity: The fewer moving parts, the fewer opportunities for errors—and the fewer cracks for hackers to get in through. With cybersecurity and compliance in sync, there is a shared knowledge between organizations.

Time Savings: When a crisis strikes, immediate action is vital. With unified security and compliance, there is less risk of misunderstanding or miscommunication between organizations, less need for work to be redone, and fewer questions about completion.

Seamless CIP management: Unified end-to-end management of security and compliance ensures consistent CIP management, while providing more efficient and accessible records, greater access to critical information, and reducing data errors, missed assignments or due dates.

Always audit-ready: All data is stored in one secure location, and is consistent, connected, complete and primed for scrutiny.

Large cybersecurity incidents like the SolarWinds breach or the Colonial Pipeline hack garner most of the attention, but hundreds of smaller attacks have impacted businesses, municipalities, and utilities across the country - and the threat is accelerating. According to Statescoop, between 2013 and 2018, 180 documented cyberattacks occurred, while 236 incidents have been reported since 2019.

About IPKeys Power Partners
IPKeys Power Partners' industry-leading, secure OT and IoT intelligence platform addresses the complex cybersecurity, data, and communications challenges faced by operators of mission-critical networks for customers in the energy, government, and industrial markets. The company's suite of solutions encompass cybersecurity and cyber compliance for dynamic OT/IT environments, data analytics, secure energy management, and public safety network monitoring. The company is headquartered in New Jersey and has offices in California, Louisiana, Maryland, Texas, and Virginia.

Spotlight

More featured news

Spotlight

Related News

Software Security

Cisco to Secure Splunk for Resilience and Security in AI-Driven World

Cisco | September 25, 2023

Cisco and Splunk are joining forces to advance organizations from reactive threat handling to proactive threat anticipation and prevention. Together, they will emerge as a major global software entity, boosting Cisco's shift towards recurring revenue. This collaboration unites two esteemed workplaces with shared values, robust cultures, and skilled teams. The synergy between these pioneering companies positions them for leadership in AI-driven security and observability. Anticipated to yield positive cash flow and improved gross margins in the initial fiscal year following the merger, with non-GAAP EPS enhancement expected by year two. Cisco and Splunk, the leader in cybersecurity and observability, today announced a definitive agreement under which Cisco will acquire Splunk for $157 per share in cash, representing an equity value of approximately $28 billion. Gary Steele, president and CEO of Splunk, will join Cisco's Executive Leadership Team upon completion of the acquisition, reporting to Cisco chair and CEO Chuck Robbins. Chair and CEO of Cisco, Chuck Robbins, remarked, We're excited to bring Cisco and Splunk together. Our combined capabilities will drive the next generation of AI-enabled security and observability. From threat detection and response to threat prediction and prevention, we will help make organizations of all sizes more secure and resilient. [Source: Cision PR Newswire] Every company relies on data to operate its business and make mission-critical choices in today's hyper-connected environment. Accelerating and adopting generative AI, growing danger surfaces, and different cloud environments offer unprecedented complexity for enterprises. To be digitally resilient, organizations must better manage, preserve, and unleash data's value. Gary Steele, president and CEO of Splunk, stated that they would together form a global security and observability leader that will harness the power of data and AI to deliver outstanding customer outcomes and transform the industry. Steele added that they’re eager to join forces with a trusted and long-time partner who shares their passion for innovation and top customer experience, and they expect their community of Splunk employees to benefit from the greater opportunities as they bring together two purpose-driven and respected organizations. Cisco and Splunk will give insight across hybrid and multi-cloud systems, enabling clients to provide seamless application experiences for digital enterprises. The companies can help other organizations responsibly use AI due to their scale, data visibility, and trust. These two firms will unite to invest more in innovative products, accelerate innovation, and expand globally to serve clients of all sizes. The transaction is expected to be cash flow positive and gross margin accretive in the first fiscal year post-close, with non-GAAP EPS accretive in year two. The acquisition is subject to regulatory approval and customary closing conditions, including approval by Splunk shareholders. Advisors for the Cisco-Splunk acquisition include Tidal Partners LLC, Simpson Thacher & Bartlett LLP Cravath and Swaine & Moore LLP, among others.

Read More

Network Threat Detection

Kyndryl Announces Strategic Global Alliance with Palo Alto Networks to Provide Industry Leading Network and Cybersecurity Services

PR Newswire | October 04, 2023

Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a strategic global alliance with Palo Alto Networks to provide end-to-end network and cybersecurity services, including the launch of a new service offering, powered by Prisma SD-WAN for enterprises and Industry 4.0 customers. The alliance brings together Palo Alto Networks industry-leading platform security capabilities with Kyndryl's advanced network security services expertise to design, build, manage, and modernize mission-critical networking for customers across industries. The companies are joining forces to capitalize on emerging opportunities in the SD-WAN infrastructure market that IDC estimates will grow at a compound annual growth rate of 10.1% through 2027. As the demands of enterprise mobility accelerate, enterprises are looking for greater operational agility to support their digital transformation. Businesses need to support the growing number of devices used to access the corporate network and cloud-based applications, while also meeting evolving security and compliance requirements. Kyndryl and Palo Alto Networks are partnering to help businesses deliver consistent security and an enhanced user experience for customers everywhere, and across industries such as services, manufacturing, energy, healthcare, and retail. Kyndryl's new SD-WAN offering, powered by Prisma SD-WAN, will enable customers to transform and modernize their networks and meet the growing bandwidth demands of the proliferation of devices and cloud traffic. The new approach to network connectivity will provide a single pane of glass management to their networks, and simplifies deployment to branch-offices and edge services. By helping customers transition into a flexible and scalable network, Kyndryl will be able to help enterprises build a roadmap and incorporate new security paradigms such as SASE with Kyndryl Consulting services. At Kyndryl, we are at the forefront of helping enterprises with their network transformation to meet the growing trends of remote work, multi-devices usage, and cloud and data access. As organizations move away from traditional hardware-centric models to OPEX consumption models, the need for agile, highly secure and reliable networks is imperative, said Stephen Leonard, SVP of Global Strategic Alliances, Kyndryl. We are delighted to partner with Palo Alto Networks to provide robust and versatile network security services that will provide many benefits to our customers. "Together with Kyndryl, we are enabling enterprises to digitally transform confidently and innovate securely, while reaping the benefits of consolidating disparate security solutions into an integrated, best of breed platform," said Prem Iyer, SVP of Global Ecosystems for Palo Alto Networks. "We are committed to helping our joint customers achieve better security outcomes while protecting the modern connected organization from increasingly sophisticated attacks." The global partnership between Kyndryl and Palo Alto Networks builds on the companies' established collaboration around security services and solutions. In July Kyndryl launched its new Security Operations as a platform (SOaap) solution leveraging Palo Alto Networks Cortex technology to drive operational savings and time-to-value through automation and orchestration. Earlier this year, Kyndryl and Palo Alto Networks, together with Nokia, established an innovation lab in support of joint enterprise customers. By the end of the year, customers will be able to view innovative industrial edge use cases running on cloud, 4.9G/LTE and 5G private wireless connectivity. This will include remote manufacturing process control and real-time analytics on factory production sites, provisioning and management of mobile devices to improve the employee and frontline worker experience for onboarding and communication, and IT and OT security integration for worker safety and operational efficiencies. Kyndryl's industrial edge platform will be integrated with a multi-factor zero trust model built on Palo Alto Networks next-generation firewalls, run on Nokia's MXIE Industrial edge as part of Nokia Digital Automation Cloud (DAC)'s solutions, and with end-to-end managed services provided by Kyndryl. About Kyndryl Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.

Read More

Software Security

Palo Alto Joins Telstra as the First Sole Cyber Security Vendor

Palo Alto | September 22, 2023

Palo Alto Networks has announced a strategic partnership with the largest telecommunications company in Australia, Telstra. This signifies Palo Alto Networks' commitment to delivering an expanded portfolio of cybersecurity solutions and services to meet the needs of Telstra's extensive business clientele. The partnership strengthens the existing 10-year relationship between Palo Alto Networks and Telstra. Palo Alto Networks, a global cybersecurity company, has announced teaming up with Telstra, Australia's largest telecommunications company, to offer an enhanced range of cybersecurity solutions and services to Telstra's business clients both in Australia and around the world. This collaboration marks a significant milestone, as Palo Alto Networks becomes the first dedicated cybersecurity company to be recognized as a technology alliance partner for Telstra's enterprise customer segment. Telstra serves customers in over 200 countries and territories. Telstra's technology alliance partners collaborate to create and provide comprehensive services encompassing connectivity, voice, and professional services. These services are designed to assist businesses of all sizes in addressing their challenges and capitalizing on opportunities. Regional Vice President for Australia and New Zealand of Palo Alto Networks, Steve Manley, stated, This new alliance with Telstra reinforces Palo Alto Networks’ position in the Australian market as the leading cyber security vendor to leading telecommunications carrier in Australia. It also reinforces our increased commitment to offering industry-leading joint solutions with one of the country’s most trusted managed service providers. Together, Palo Alto Networks and Telstra will collaborate to offer businesses with best-of-breed cyber security solutions to help keep them safe in a rapidly changing market landscape. [Source – Web Wire] This new partnership further solidifies the long-standing 10-year relationship between Palo Alto Networks and Telstra. It also builds upon previous agreements that expanded Telstra's SecureEdge portfolio with offerings like SecureEdge Cloud for business clients and Sovereign SecureEdge for the Australian government and agencies, both powered by Palo Alto Networks' advanced cloud-based security services. David Burns, Enterprise Group Executive at Telstra, said, Cyber security has become one of the top concerns among businesses worldwide, including here in Australia, and especially in the wake of a no. of high-profile cyber breaches. We’re now seeing the industrialization of cybercrime and the scale of threat continues to evolve and grow. As a result, we all need to be constantly changing, adapting, and looking at new technologies that can assist protect us and our customers’ data. As a leading provider of network, managed, and professional services, this new alliance between Telstra and Palo Alto Networks further boosts our capabilities to help customers protect their organizations and data from evolving cyber threats. [Source – Web Wire]

Read More

Software Security

Cisco to Secure Splunk for Resilience and Security in AI-Driven World

Cisco | September 25, 2023

Cisco and Splunk are joining forces to advance organizations from reactive threat handling to proactive threat anticipation and prevention. Together, they will emerge as a major global software entity, boosting Cisco's shift towards recurring revenue. This collaboration unites two esteemed workplaces with shared values, robust cultures, and skilled teams. The synergy between these pioneering companies positions them for leadership in AI-driven security and observability. Anticipated to yield positive cash flow and improved gross margins in the initial fiscal year following the merger, with non-GAAP EPS enhancement expected by year two. Cisco and Splunk, the leader in cybersecurity and observability, today announced a definitive agreement under which Cisco will acquire Splunk for $157 per share in cash, representing an equity value of approximately $28 billion. Gary Steele, president and CEO of Splunk, will join Cisco's Executive Leadership Team upon completion of the acquisition, reporting to Cisco chair and CEO Chuck Robbins. Chair and CEO of Cisco, Chuck Robbins, remarked, We're excited to bring Cisco and Splunk together. Our combined capabilities will drive the next generation of AI-enabled security and observability. From threat detection and response to threat prediction and prevention, we will help make organizations of all sizes more secure and resilient. [Source: Cision PR Newswire] Every company relies on data to operate its business and make mission-critical choices in today's hyper-connected environment. Accelerating and adopting generative AI, growing danger surfaces, and different cloud environments offer unprecedented complexity for enterprises. To be digitally resilient, organizations must better manage, preserve, and unleash data's value. Gary Steele, president and CEO of Splunk, stated that they would together form a global security and observability leader that will harness the power of data and AI to deliver outstanding customer outcomes and transform the industry. Steele added that they’re eager to join forces with a trusted and long-time partner who shares their passion for innovation and top customer experience, and they expect their community of Splunk employees to benefit from the greater opportunities as they bring together two purpose-driven and respected organizations. Cisco and Splunk will give insight across hybrid and multi-cloud systems, enabling clients to provide seamless application experiences for digital enterprises. The companies can help other organizations responsibly use AI due to their scale, data visibility, and trust. These two firms will unite to invest more in innovative products, accelerate innovation, and expand globally to serve clients of all sizes. The transaction is expected to be cash flow positive and gross margin accretive in the first fiscal year post-close, with non-GAAP EPS accretive in year two. The acquisition is subject to regulatory approval and customary closing conditions, including approval by Splunk shareholders. Advisors for the Cisco-Splunk acquisition include Tidal Partners LLC, Simpson Thacher & Bartlett LLP Cravath and Swaine & Moore LLP, among others.

Read More

Network Threat Detection

Kyndryl Announces Strategic Global Alliance with Palo Alto Networks to Provide Industry Leading Network and Cybersecurity Services

PR Newswire | October 04, 2023

Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a strategic global alliance with Palo Alto Networks to provide end-to-end network and cybersecurity services, including the launch of a new service offering, powered by Prisma SD-WAN for enterprises and Industry 4.0 customers. The alliance brings together Palo Alto Networks industry-leading platform security capabilities with Kyndryl's advanced network security services expertise to design, build, manage, and modernize mission-critical networking for customers across industries. The companies are joining forces to capitalize on emerging opportunities in the SD-WAN infrastructure market that IDC estimates will grow at a compound annual growth rate of 10.1% through 2027. As the demands of enterprise mobility accelerate, enterprises are looking for greater operational agility to support their digital transformation. Businesses need to support the growing number of devices used to access the corporate network and cloud-based applications, while also meeting evolving security and compliance requirements. Kyndryl and Palo Alto Networks are partnering to help businesses deliver consistent security and an enhanced user experience for customers everywhere, and across industries such as services, manufacturing, energy, healthcare, and retail. Kyndryl's new SD-WAN offering, powered by Prisma SD-WAN, will enable customers to transform and modernize their networks and meet the growing bandwidth demands of the proliferation of devices and cloud traffic. The new approach to network connectivity will provide a single pane of glass management to their networks, and simplifies deployment to branch-offices and edge services. By helping customers transition into a flexible and scalable network, Kyndryl will be able to help enterprises build a roadmap and incorporate new security paradigms such as SASE with Kyndryl Consulting services. At Kyndryl, we are at the forefront of helping enterprises with their network transformation to meet the growing trends of remote work, multi-devices usage, and cloud and data access. As organizations move away from traditional hardware-centric models to OPEX consumption models, the need for agile, highly secure and reliable networks is imperative, said Stephen Leonard, SVP of Global Strategic Alliances, Kyndryl. We are delighted to partner with Palo Alto Networks to provide robust and versatile network security services that will provide many benefits to our customers. "Together with Kyndryl, we are enabling enterprises to digitally transform confidently and innovate securely, while reaping the benefits of consolidating disparate security solutions into an integrated, best of breed platform," said Prem Iyer, SVP of Global Ecosystems for Palo Alto Networks. "We are committed to helping our joint customers achieve better security outcomes while protecting the modern connected organization from increasingly sophisticated attacks." The global partnership between Kyndryl and Palo Alto Networks builds on the companies' established collaboration around security services and solutions. In July Kyndryl launched its new Security Operations as a platform (SOaap) solution leveraging Palo Alto Networks Cortex technology to drive operational savings and time-to-value through automation and orchestration. Earlier this year, Kyndryl and Palo Alto Networks, together with Nokia, established an innovation lab in support of joint enterprise customers. By the end of the year, customers will be able to view innovative industrial edge use cases running on cloud, 4.9G/LTE and 5G private wireless connectivity. This will include remote manufacturing process control and real-time analytics on factory production sites, provisioning and management of mobile devices to improve the employee and frontline worker experience for onboarding and communication, and IT and OT security integration for worker safety and operational efficiencies. Kyndryl's industrial edge platform will be integrated with a multi-factor zero trust model built on Palo Alto Networks next-generation firewalls, run on Nokia's MXIE Industrial edge as part of Nokia Digital Automation Cloud (DAC)'s solutions, and with end-to-end managed services provided by Kyndryl. About Kyndryl Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.

Read More

Software Security

Palo Alto Joins Telstra as the First Sole Cyber Security Vendor

Palo Alto | September 22, 2023

Palo Alto Networks has announced a strategic partnership with the largest telecommunications company in Australia, Telstra. This signifies Palo Alto Networks' commitment to delivering an expanded portfolio of cybersecurity solutions and services to meet the needs of Telstra's extensive business clientele. The partnership strengthens the existing 10-year relationship between Palo Alto Networks and Telstra. Palo Alto Networks, a global cybersecurity company, has announced teaming up with Telstra, Australia's largest telecommunications company, to offer an enhanced range of cybersecurity solutions and services to Telstra's business clients both in Australia and around the world. This collaboration marks a significant milestone, as Palo Alto Networks becomes the first dedicated cybersecurity company to be recognized as a technology alliance partner for Telstra's enterprise customer segment. Telstra serves customers in over 200 countries and territories. Telstra's technology alliance partners collaborate to create and provide comprehensive services encompassing connectivity, voice, and professional services. These services are designed to assist businesses of all sizes in addressing their challenges and capitalizing on opportunities. Regional Vice President for Australia and New Zealand of Palo Alto Networks, Steve Manley, stated, This new alliance with Telstra reinforces Palo Alto Networks’ position in the Australian market as the leading cyber security vendor to leading telecommunications carrier in Australia. It also reinforces our increased commitment to offering industry-leading joint solutions with one of the country’s most trusted managed service providers. Together, Palo Alto Networks and Telstra will collaborate to offer businesses with best-of-breed cyber security solutions to help keep them safe in a rapidly changing market landscape. [Source – Web Wire] This new partnership further solidifies the long-standing 10-year relationship between Palo Alto Networks and Telstra. It also builds upon previous agreements that expanded Telstra's SecureEdge portfolio with offerings like SecureEdge Cloud for business clients and Sovereign SecureEdge for the Australian government and agencies, both powered by Palo Alto Networks' advanced cloud-based security services. David Burns, Enterprise Group Executive at Telstra, said, Cyber security has become one of the top concerns among businesses worldwide, including here in Australia, and especially in the wake of a no. of high-profile cyber breaches. We’re now seeing the industrialization of cybercrime and the scale of threat continues to evolve and grow. As a result, we all need to be constantly changing, adapting, and looking at new technologies that can assist protect us and our customers’ data. As a leading provider of network, managed, and professional services, this new alliance between Telstra and Palo Alto Networks further boosts our capabilities to help customers protect their organizations and data from evolving cyber threats. [Source – Web Wire]

Read More

More featured news