Singapore, 5 July 2018 – ST Engineering today announced that it has invested in Radiflow, a leading provider of industrial cybersecurity solutions for critical infrastructure based in Israel, and are collaborating to address cybersecurity risks and counter the onslaught of focused attacks faced by critical information infrastructure (CII).
This partnership enables ST Engineering to access Radiflow’s detection and prevention tools, of which its Electronics sector will integrate with its Command, Control and Communications (C3) capabilities – in this instant the rail supervisory control and data acquisition (SCADA) system. The combining of these two technologies has resulted in the development of the region’s first end-to-end cybersecurity solution for the rail transport industry.
“With cybersecurity as one of our strategic growth areas, we have intensified our acquisition of niche and breakthrough cyber technologies that complement and strengthen our existing cybersecurity capabilities for key customers,” said Mr Ravinder Singh, President, Electronics, ST Engineering. “The partnership signifies our commitment in addressing a pressing challenge faced by critical information infrastructure owners and operators globally to respond promptly and confidently to the growing influx of cyber-attacks.”
With the seamless, cross-platform integration of ST Engineering Electronic’s Rail C3 Systems (SCADA) and Radiflow’s Intrusion Detection System, global rail operators can now look forward to a consolidated overview and analysis of cyber events as well as a strengthened ability to differentiate between genuine Industrial Control Systems (ICS) failure and cyber-attacks. This will result in enhanced collaborative effort between the SCADA and cybersecurity teams to address any incidents, leading to a quicker response time.
"We are excited that ST Engineering has extended its partnership with us and has decided to make a strategic investment in Radiflow,” said Ilan Barda, CEO of Radiflow. "The collaboration between ST Engineering and Radiflow will enable us to introduce our solutions to new customers and territories, while this new investment will facilitate us to expand our market traction and accelerate the next stage of our growth."
Radiflow, a pioneer and provider of cybersecurity solutions for ICS and SCADA networks, has reported strong demand for its industrial cybersecurity solutions across all critical infrastructure sectors and has more than doubled the sales of its threat detection tools and services over the past year. Together with ST Engineering, it will collectively leverage their deep expertise to strengthen the resilience of CII that supports essential services globally.
The comprehensive cybersecurity solution will be on showcase at the LTA-UITP Singapore International Transport Congress and Exhibition (SITCE) from 9-11 July, Marina Bay Sands.
Notes to editor:
* Following ST Engineering’s group-wide exercise to harmonise all its corporate brands by using “ST Engineering” as its masterbrand, ST Electronics is now known as ST Engineering Electronics. To find out more, please visit http://www.stengg.com/news/masterbrand.
ST Engineering is a global technology, defence and engineering group specialising in the aerospace, electronics, land systems and marine sectors. The Group employs about 22,000 people across offices in Asia, the Americas, Europe and the Middle East, serving customers in more than 100 countries. Its employees bring innovation and technology together to create smart engineering solutions for customers in the defence, government and commercial segments. With more than 500 smart city projects across 70 cities in its track record, the Group continues to help transform cities through its suite of Smart Mobility, Smart Security and Smart Environment solutions. Headquartered in Singapore, ST Engineering reported revenue of S$6.62b in FY2017 and it ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index, MSCI Singapore, SGX ESG Transparency Index and SGX ESG Leaders Index. For more information, please visit www.stengg.com.
The Electronics sector specialises in the design, development and delivery of Information and Communications Technology (ICT) products, solutions and services addressing the needs of Smart Cities for Connectivity, Mobility and Security. Its deep technological and engineering expertise straddles business domains in Rail & Road engineering, Satellite Communications, Public Safety & Security, Cybersecurity, Artificial Intelligence, Training & Simulation, Managed Services and Defence C4ISR. It has presence in more than 30 global cities across North America, Latin America, Europe, Africa, the Middle East, China, India and Southeast Asia. For more information, please visit www.stengg.com.
Radiflow is a leading provider of cybersecurity solutions for ICS and SCADA networks in critical infrastructure, including tools for NERC CIP and EU NIS compliance. Radiflow’s industrial cybersecurity solutions are protecting the operation technology networks of over 50 operators of critical infrastructure, including power generation, electricity supply, water facilities and others, in four continents around the world. Radiflow’s Industrial Threat Detection System passively learns and maps an OT network, providing in-depth Visibility and situational awareness, and alerts in real-time for any anomalies in unexpected network behaviors. For more information, please visit www.radiflow.com and follow the company on LinkedIn.
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