Cyberbit Recognized on 2018 Emerging Vendors List

PRESS RELEASE

Ra’anana, Israel, July 23, 2018 – Cyberbit Ltd., a world leading provider of cybersecurity simulation and IT/OT detection and response platforms, announced today that CRN®, a brand of The Channel Company, has named Cyberbit to its 2018 Emerging Vendors List in the Security category. This list recognizes recently founded, up-and-coming technology suppliers who are shaping the future of the IT channel through unique technological innovations. The list is divided into seven categories: Cloud, Data Center, Security, Big Data, Unified Communications, Internet of Things (IoT) and Storage. In addition to celebrating these notable companies, the Emerging Vendors listserves as a valuable resource for solution providers looking to expand their portfolios with cutting-edge technology.

Cyberbit products address some of the most painful and unattended cybersecurity challenges: the cybersecurity skill shortage, the overwhelming increase in security operation workload and complexity, the increased threat on critical infrastructure, and the convergence of IT, OT and IoT attack surfaces.  Cyberbit products include: a Cyber Range, Security Orchestration, Automation and Response (SOAR), Industrial Control Systems (ICS) security, and Endpoint Detection and Response (EDR). Since its founding in 2015, Cyberbit has grown significantly and achieved record business results, most recently announcing a US $30 million investment from Claridge Israel. 

With its Cyber Range Cyberbit has pioneered the approach of using hyper-realistic simulation to train and assess cybersecurity experts. This approach is now widely adopted by the industry as a means to cope with the ever-growing global cybersecurity skill shortage. Over the past year Cyberbit has launched more than 30 cyber range classes and opened dozens of cyber ranges with Managed Security Service Providers (MSSP), universities and enterprises worldwide. Together with its SOAR, IT and OT security products Cyberbit is the only company to provide seamless detection and response across the entire, converged IT/OT attack surface, dramatically improving detection of IT to OT attacks and increasing security operations efficiency.  

 “The technology suppliers on CRN’s 2018 Emerging Vendors list are creating a bright future for the IT channel, aggressively developing products to meet complex IT market demands, while positively impacting the bottom line of solution providers,” said Bob Skelley, CEO, The Channel Company. “The array of leading-edge products delivered by these organizations will have a lasting impact on the channel for years to come.”

“It is an honor to be recognized as one of the CRN 2018 Emerging Vendors in Security,” said Adi Dar, CEO of Cyberbit. “With the record shortage of security personnel, coupled with increased threat complexity and volume, security leaders are looking to improve their teams’ skill level and efficiency.  Security managers aim to consolidate technologies rather than add point solutions that solve niche problems. Our portfolio is uniquely positioned to help security operations do more, with less, reducing the overwhelming number of alerts, accelerating incident response, consolidating security technologies and seamlessly managing multi-vector IT to OT attacks. On the heels of our recent funding announcement, this recognition by CRN exemplifies our commitment to providing customers with the best of breed products to help them stay ahead of new threats.”

The complete Emerging Vendors list will be featured online at www.crn.com/emergingvendors.

About Cyberbit

Cyberbit is the world-leading provider of cyber ranges for cybersecurity training and simulation. Cyberbit is also one of the first to provide a consolidated threat detection and response platform that includes: security automation, orchestration and response (SOAR), ICS/SCADA security (OT security), and endpoint detection and response powered by behavioral analysis. This unique platform provides a consolidated detection and response platform protecting an organization’s entire attack surface across IT, OT and IoT networks. Since founded in mid-2015 Cyberbit’s products were rapidly adopted by enterprises, governments, higher education institutions and MSSPs. Cyberbit is a subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT). Cyberbit has offices in Israel, the US, Europe, and Asia. Follow Cyberbit on Facebook, LinkedIn and Twitter (@CYBERBITHQ).