Dragos, Inc., the global leader in extended operational technology (xOT) cybersecurity, has completed its acquisitions of NetRise and runZero. The transactions follow the completion of Accenture’s majority investment in Dragos, providing the company with additional capital and global reach to accelerate the expansion of the Dragos Platform. The combined capabilities are designed to help organizations identify and protect their entire xOT environment, encompassing connected devices, networks, cloud infrastructure, software supply chains, and operational systems.
As part of the company’s continued expansion, Dragos announced that Robert M. Lee will serve as Chairman of the Board in addition to his position as CEO. Dragos will continue operating independently under its existing leadership team, maintaining the vendor neutrality needed to secure critical infrastructure environments that rely on technologies from multiple providers. The acquisitions bring the full teams from runZero and NetRise into Dragos, including runZero CEO HD Moore, NetRise CEO Thomas Pace, and NetRise CTO and Chief Scientist Michael Scott. They will oversee the integration of their respective technologies into the Dragos Platform while continuing to support their existing customers.
“The world’s largest companies have invested heavily in enterprise IT security, yet it’s their cyber-physical systems that generate revenue and carry national and local security impact,” said Robert M. Lee, Chairman and CEO of Dragos. “Organizations across electric, oil and gas, manufacturing, data centers, and other critical infrastructure sectors need to defend every system that can influence a physical process. That extended environment is xOT. NetRise, runZero, and Dragos defend it together.”
Earlier this year, Dragos acquired Phosphorus to address the billions of connected devices embedded throughout critical infrastructure and other operational networks. The addition of runZero further expands Dragos’s asset visibility and exposure management capabilities by incorporating existing IT, OT, and cloud asset information from sources already used by organizations. This enables defenders to establish a more complete view of assets across their xOT environments.
NetRise complements these capabilities by providing visibility into the firmware and software operating on connected devices. Its technology can identify risks including outdated software components and hardcoded credentials while helping organizations maintain the documentation necessary to support compliance with NERC CIP, NIS2, TSA directives, and other regulatory requirements.
According to Gartner®, “The bidirectional cyber-physical continuum is facing a significantly expanded attack surface as CPS (Cyber-Physical Systems) increasingly interconnect with each other, with enterprise systems, and externally via internet and wireless connectivity. This effectively dismantles the legacy assumption of air-gapped isolation, which is no longer defensible in today’s operational environments.”
Dragos is also expanding its Board of Directors with new members from Accenture: Harpreet Sidhu, Global Cybersecurity Lead; Luis Luque, Global OT Cybersecurity Lead; and John Coltsmann, Corporate Development. Dmitri Alperovitch, Co-Founder and Chairman of Silverado Policy Accelerator and Co-Founder and former CTO of CrowdStrike Inc., will also return to the Dragos Board.
“Intrusions into OT networks have become a daily reality for critical infrastructure operators given the geopolitical conflicts we’ve been witnessing around the world in recent years,” said Alperovitch. “Cybersecurity for these environments is more than a matter of uptime. It’s about whether the lights stay on and the water stays safe when an adversary attacks. Dragos, NetRise, and runZero now give defenders what they’ve been missing: the right xOT tools for that fight.”
The acquisitions are also expected to strengthen the Dragos Intelligence Fabric, which incorporates a decade of OT-specific telemetry and incident response expertise into the Dragos Platform. Dragos EmberAI, designed specifically for operational environments, will use the expanded data set to provide analysts with faster and more comprehensive guidance through the Dragos Platform.
Dragos will provide additional information about its combined platform strategy, including plans for integrating NetRise and runZero, during a webinar featuring Lee, Moore, and Pace. Register here.
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About Dragos
Dragos is the global leader in extended operational technology (xOT) cybersecurity, delivering on its mission to safeguard civilization. Built for the full xOT environment, or xOT, the Dragos Platform delivers asset visibility, continuous monitoring, OT vulnerability management, segmentation validation, device protection, and real-time threat detection, powered by the industry’s most experienced OT threat intelligence and incident response team. Dragos serves critical sectors including energy, manufacturing, water, transportation, data centers, mining, and ports. Privately held and headquartered in the Washington, DC area, Dragos operates globally across North America, EMEA, and APAC. Visit dragos.com.
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