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Deal Combines Dragos OT Threat Detection With runZero, NetRiseAccenture is acquiring a majority stake in Dragos and full ownership of runZero and NetRise in a $4.2 billion deal to build an end-to-end OT cybersecurity platform for power grids, water systems, manufacturing plants and other critical infrastructure operators.
The consulting giant’s majority stake in Dragos, along with the purchase runZero and NetRise, marks its first major push into operational technology software as AI-driven threats to critical infrastructure intensify. The post Accenture shells out $4.18B on three companies in big industrial cybersecurity push appeared first on CyberScoop.
OT Firm Looks to Secure IoT, Industrial and Medical DevicesDragos, one of the first OT cybersecurity companies, announced Monday it acquired Phosphorus, the IoT security and management player, a move analysts said was designed to catch Dragos up with its competitors and expand its offerings to cover the quickly growing IoT sector.