Israeli cybersecurity firm Aperio Systems has raised $4.5m for work on critical infrastructure security, the company announced this week.
Portuguese utility Energias de Portugal (EDP) led the investment along with venture funds Data Point Capital, Jump Capital and Scopus Ventures.
The seed funding will support Aperio’s work on a next-generation Intrusion Protection System for SCADA systems (IPS for SCADA).
The software has been beta-tested across sites in the EMEA region, Aperio said, and has now moved to the installation phase at several large utilities. EDP’s investment follows a successful pilot programme to protect thermal power plants.
Luís Manuel, Executive Board Member at EDP Inovação, said IPS for SCADA had been “rigorously tested and showed its ability to prevent sophisticated attacks”.
According to Aperio, IPS for SCADA is based on data forgery protection technology that detects intruder manipulation of operational sensor data and restores the original data.
Michael Shalyt, the company’s CEO, said: “This past year has demonstrated without a doubt that physical assets are the true targets of attacks against critical infrastructure. You don’t target nuclear plant engineers to steal credit cards.
“Securing critical infrastructure has tangible financial, social, and even life-or-death implications. We are heartened to see the heavy industries are gaining awareness of the threats and taking them seriously.”
Data, an Achilles’ heel in the grid by Michael Shalyt