Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the manufacturing industry. This time, you get to discover 5 hand-picked cybersecurity solutions impacting manufacturing.
Global Startup Heat Map highlights 5 Top Cybersecurity Solutions out of 186
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 186 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 manufacturing startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 181 cybersecurity solutions impacting manufacturing, get in touch.
Awen Collective enables Asset & Vulnerability Discovery
In recent years, manufacturers are increasingly moving to automation to optimize production and save costs. Automated manufacturing solutions generally leverage technologies like cloud manufacturing or the Internet of Things (IoT). However, this leaves them vulnerable to cyber-attacks. This is why startups are working on cybersecurity solutions to safeguard manufacturing assets.
British startup Awen Collective develops cybersecurity solutions for critical infrastructure assets. The startup’s software solution, Dot, identifies cyber threats on both new and legacy machines. It performs asset & vulnerability discovery, helping manufacturers identify vulnerabilities in operational technology (OT) systems. Awen Collective also offers a solution to help manufacturers stay cyber-compliant.
Axonius provides Real-Time Asset Management
Manufacturing companies utilize networked devices to optimize processes in factory operations and logistics. This presents a cybersecurity risk as a compromised asset may grant hackers access to the network. Therefore, regular risk assessments and audits are necessary to ensure security. Cybersecurity startups enable this by offering real-time asset management solutions that track the state of all manufacturing assets at all times.
US-based startup Axonius builds a cybersecurity asset management platform. It identifies all information technology (IT) assets that show up on a network in real-time, including unmanaged IoT devices. By unifying cloud assets across different providers, it prevents misconfigurations and policy lapses. The startup’s platform provides manufacturers with a single source of truth as well as automatically tags devices.
Coalition builds a Cyber Insurance Platform
Cybersecurity breaches at manufacturing facilities result in temporary shutdowns, leading to financial losses. At other times, the costs are more direct, such as breach response costs or cyber extortion incidents. To address this, manufacturers seek solutions that secure all potential breaches. Further, startups offer cyber insurance policies to manufacturers to recover any losses from cyber attacks.
Coalition is a US-based startup providing cyber insurance solutions. The startup’s cybersecurity platform enables endpoint detection and response (EDR), distributed denial of service (DDoS) mitigation, threat monitoring, and other measures. This allows it to offer insurance cover for losses arising from funds transfer fraud, business interruption, and invoice manipulation, among other scenarios. Moreover, the startup also covers the costs involved in ransomware incidents.
ShieldIoT delivers Gateway Security
With developments in the IoT, manufacturing facilities now use different kinds of edge devices for condition monitoring, predictive maintenance, and other tasks. If cyberattackers break into these devices, there is a risk of manufacturing being halted as well as the theft of proprietary machine data. To mitigate this threat, startups develop gateway solutions that continuously monitor and predict threats to gateway devices.
ShieldIoT is an Israeli startup that provides AI-powered cybersecurity solutions. The startup’s gateway solution offers multiple layers of security to protect gateways, industrial systems, and edge devices. This enables a device-level firewall, automatically preventing unauthorized communications. The startup also provides solutions for security management and anomaly detection, allowing manufacturers to secure their devices without any additional coding.
CYFIRMA enables Threat Visibility & Intelligence
Due to the high number of different machines in a manufacturing facility, it is difficult to monitor threats for each of them. To efficiently monitor cybersecurity threats, startups need to identify priority attack surfaces or system elements that are most at risk. Cybersecurity startups achieve this using threat visibility & intelligence solutions. This protects systems from threats such as advanced targeting and zero-day attacks.
Singaporean startup CYFIRMA offers threat visibility & intelligence solution. DeCYFIR, the startup’s solution, builds a digital risk profile and uses personalized cyberintelligence to predict attacks. The solution uncovers attack surfaces and enables the allocation of resources to high-priority assets. For manufacturers, it drives a range of use cases, including dark web monitoring and predictive threat intelligence to avert corporate espionage attempts.
Discover more Manufacturing Startups
Manufacturing startups such as the examples highlighted in this report focus on manufacturing execution systems (MES), robotic process automation, and quality management. While all of these technologies play a major role in advancing the manufacturing industry, they only represent the tip of the iceberg. To explore more manufacturing technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Manufacturing Innovation Report to save your time and improve strategic decision-making.