IACS

Cylus Achieves World's First IEC 62443-4-2 Certification for Rail Tech Cybersecurity Solution, Setting a New Industry Standard

Retrieved on: 
Monday, February 26, 2024
Bureau Veritas, IACS, Architecture, BV, Entrepreneurship, Risk, International Electrotechnical Commission, Certification, IEC, IECEE, Security, Face, Medical device

This milestone highlights Cylus's commitment to providing a comprehensive rail cybersecurity solution and establishes a new benchmark in operational rail technology security.

Key Points: 
  • This milestone highlights Cylus's commitment to providing a comprehensive rail cybersecurity solution and establishes a new benchmark in operational rail technology security.
  • The IEC 62443-4-2 standard, developed by the International Electrotechnical Commission (IEC), sets stringent cybersecurity guidelines for industrial automation and control systems (IACS).
  • The certification of the CylusOne solution has significant implications for the rail industry, offering enhanced cybersecurity, regulatory compliance, and passenger safety.
  • The certification of our CylusOne solution under IEC 62443-4-2 is a major achievement in rail cybersecurity, setting a high bar for industry practices," says Miki Shifman, Co-Founder and CTO of Cylus.

Storytel Interim Report Q4, 2023

Retrieved on: 
Thursday, February 15, 2024
Acquisition, CER, IACS, Workforce, KPN, Adjustment, RCF, Bookkeeping

STOCKHOLM, Feb. 15, 2024 /PRNewswire/ -- "Storytel continued its transformation journey and delivered yet another strong quarter to conclude 2023", says Johannes Larcher, CEO, Storytel.

Key Points: 
  • STOCKHOLM, Feb. 15, 2024 /PRNewswire/ -- "Storytel continued its transformation journey and delivered yet another strong quarter to conclude 2023", says Johannes Larcher, CEO, Storytel.
  • Streaming revenue up 16% to 858 (742) MSEK; or 14% at constant exchange rates (CER)
    Adjusted Gross profit up 20% to 387 (322) MSEK, equaling a margin of 40.9% (37.2%)
    Adjusted EBITDA increased by 62% to 86 (53) MSEK, equaling a margin of 9.1% (6.1%)
    Adjusted Operating profit of -8 (-32) MSEK, and -680 (-50) MSEK including IACs
    Streaming revenue grew 12% to 3,242 (2,888) MSEK; or 9% at constant exchange rates
    Group revenue increased by 9% to 3,489 (3,200) MSEK, or 10% when excluding Russia
    Adjusted EBITDA increased by 169% to 248 (92) MSEK, equaling a margin of 7.1% (2.9%)
    Storytel recognized Items Affecting Comparability (IACs) of 672 MSEK, following the sharpened focus on profitability.
  • Of these IACs, 465 MSEK relate to non-cash impairment charges on goodwill attributed to Audiobooks.com
    Storytel launched a strategic partnerships with the Dutch telecom operator KPN, which has already been driving meaningful subscriber acquisition in The Netherlands
    Storytel announced an efficiency optimization initiative that will be implemented during the first quarter of 2024, including a 13% reduction in workforce
    Storytel extended the existing revolving credit facility (RCF) until 2 April 2025 and reduced the facility to 750 MSEK, at otherwise unchanged terms

Storytel Interim Report Q4, 2023

Retrieved on: 
Thursday, February 15, 2024
Acquisition, CER, IACS, Workforce, KPN, Adjustment, RCF, Bookkeeping

STOCKHOLM, Feb. 15, 2024 /PRNewswire/ -- "Storytel continued its transformation journey and delivered yet another strong quarter to conclude 2023", says Johannes Larcher, CEO, Storytel.

Key Points: 
  • STOCKHOLM, Feb. 15, 2024 /PRNewswire/ -- "Storytel continued its transformation journey and delivered yet another strong quarter to conclude 2023", says Johannes Larcher, CEO, Storytel.
  • Streaming revenue up 16% to 858 (742) MSEK; or 14% at constant exchange rates (CER)
    Adjusted Gross profit up 20% to 387 (322) MSEK, equaling a margin of 40.9% (37.2%)
    Adjusted EBITDA increased by 62% to 86 (53) MSEK, equaling a margin of 9.1% (6.1%)
    Adjusted Operating profit of -8 (-32) MSEK, and -680 (-50) MSEK including IACs
    Streaming revenue grew 12% to 3,242 (2,888) MSEK; or 9% at constant exchange rates
    Group revenue increased by 9% to 3,489 (3,200) MSEK, or 10% when excluding Russia
    Adjusted EBITDA increased by 169% to 248 (92) MSEK, equaling a margin of 7.1% (2.9%)
    Storytel recognized Items Affecting Comparability (IACs) of 672 MSEK, following the sharpened focus on profitability.
  • Of these IACs, 465 MSEK relate to non-cash impairment charges on goodwill attributed to Audiobooks.com
    Storytel launched a strategic partnerships with the Dutch telecom operator KPN, which has already been driving meaningful subscriber acquisition in The Netherlands
    Storytel announced an efficiency optimization initiative that will be implemented during the first quarter of 2024, including a 13% reduction in workforce
    Storytel extended the existing revolving credit facility (RCF) until 2 April 2025 and reduced the facility to 750 MSEK, at otherwise unchanged terms

Chet Namboodri of Nozomi Networks Recognized as 2024 CRNⓇ Channel Chief

Retrieved on: 
Monday, February 5, 2024
SAN, Growth, Senior, Internet of things, Editing, Nozomi, Chet, CRN, SVP, Automation, IACS, The Channel Company, Management

SAN FRANCISCO, Feb. 5, 2024 /PRNewswire/ -- Nozomi Networks Inc. , the leader in OT, IoT and critical infrastructure security, today announced that CRN ®, a brand of The Channel Company , has named Chet Namboodri, SVP, Alliances and Channel Sales, to the 2024 CRN® Channel Chiefs list, which recognizes the distribution executives who are driving strategy and setting the channel agenda for their companies.

Key Points: 
  • SAN FRANCISCO, Feb. 5, 2024 /PRNewswire/ -- Nozomi Networks Inc. , the leader in OT, IoT and critical infrastructure security, today announced that CRN ®, a brand of The Channel Company , has named Chet Namboodri, SVP, Alliances and Channel Sales, to the 2024 CRN® Channel Chiefs list, which recognizes the distribution executives who are driving strategy and setting the channel agenda for their companies.
  • Chet brings more than three decades of cross-functional, cross-industrial executive leadership to his role as Senior Vice President of Alliances and Channel Sales.
  • Chet runs Nozomi Networks' business development, channel sales, technology alliances, and corporate development partner strategies and business execution.
  • "Nozomi is committed to educating, enabling, and empowering our  partners using our industry-leading platform and technologies combined with their robust services and talent to safeguard the world's critical infrastructure from cyber threats," said Chet Namboodri, SVP, Alliances and Channel Sales, Nozomi Networks.

Vinyl Sustainability Council Presents 2023 Social Impact Award to OxyChem

Retrieved on: 
Tuesday, December 5, 2023
Texas A&M University, Longevity, Louisiana State University, VSC, Student, Occidental, IAC, LSU, IACS, School, Nursing

AUSTIN, Texas, Dec. 5, 2023 /PRNewswire/ -- The Vinyl Sustainability Council (VSC) proudly announced OxyChem as the recipient of the 2023 Social Impact Award for their efforts to help community school districts reduce energy consumption through Department of Energy Better Plants Industrial Assessment Centers (IAC) program.

Key Points: 
  • AUSTIN, Texas, Dec. 5, 2023 /PRNewswire/ -- The Vinyl Sustainability Council (VSC) proudly announced OxyChem as the recipient of the 2023 Social Impact Award for their efforts to help community school districts reduce energy consumption through Department of Energy Better Plants Industrial Assessment Centers (IAC) program.
  • The IACs are made up of graduate students from local universities that perform energy audits on facilities around the United States.
  • The Vinyl Sustainability Council's Social Impact Award recognizes the efforts of a VSC member that has demonstrated a strong commitment to community well-being and longevity.
  • This annual award acknowledges an outstanding project or program that addresses a social concern using a company's resources to have a positive impact.

IACS Initiates Petition to Oversee Police Actions Against People of “Limited Value”

Retrieved on: 
Monday, September 18, 2023
Advocacy Group Opinion, Law Enforcement, Emergency Services, State, Local, Public Policy, Government, Other Policy Issues, SPD, Change.org, Violence, Life, Disclosure, Food Justice Movement, IACS, Seattle Police Department, Apathy, City, Racism, Crime, Bias, Death, Safety, Organization, Drug, Private investigator

Indian American Community Services ( IACS ) is deeply disturbed by the recently released video recordings of police conversations related to the tragic death of 23-year-old, Jaahnavi Kandula.

Key Points: 
  • Indian American Community Services ( IACS ) is deeply disturbed by the recently released video recordings of police conversations related to the tragic death of 23-year-old, Jaahnavi Kandula.
  • This video shows the abhorrent and dehumanizing remarks of Seattle Police Department ( SPD ) officers regarding the tragic death of Ms. Kandula.
  • The IACS steadfastly stands in solidarity with justice movements condemning violence and institutionalized racism towards Black people and Indigenous people.
  • Release all of investigative reports from the Office of Police Accountability regarding this case to the public, providing full transparency.

OTORIO Achieves ISO 27001 and IEC 62443-4-1 Certifications for Critical Infrastructure

Retrieved on: 
Thursday, September 14, 2023
OT, ISO, Engineering validation test, Risk management, CISO, Security management, ISMS, IACS, Certification, Certified Payment-Card Industry Security Implementer, CPS, Design, IEC, Entrepreneurship, R, Environment, Medical device

TEL AVIV, Israel, Sept. 14, 2023 /PRNewswire/ -- OTORIO, the leading provider of OT cyber risk management solutions, announced today its ISO 27001 certification for information security management systems (ISMS) and IEC 62443-4-1, a global benchmark for cybersecurity in industrial automation and control systems (IACS). These certifications further establish OTORIO's position in the industry as a leader in operational technology (OT) and its unwavering dedication to fostering a secure, reliable, and cyber-resilient future.

Key Points: 
  • "OTORIO is an OT security company with a strong customer-centric culture," stated Daniel Bren, Co-Founder and CEO of OTORIO.
  • These certifications are the result of an intensive collaboration across OTORIO's management, CISO, R&D, security architects, customer success, product, and other teams.
  • During the rigorous audit process, OTORIO demonstrated compliance with the ISO 27001 framework for managing information security risks, resulting in bolstered stakeholder trust and enhanced security.
  • The attainment of ISO 27001 certification signifies the company's commitment to continuously maintaining these standards to improve products and services.

Armexa Names New Vice President John Cusimano to Leadership Team

Retrieved on: 
Wednesday, August 30, 2023
Learning, Operational technology, Internet of things, ISA99, Multimedia, IACS, ICS, Security, Fortune 500, Investment, Clara Cusimano, Risk, Undertakings for Collective Investment in Transferable Securities Directive 2009, Conference, TSA, Medical device, Risk management, Management, OT

HOUSTON, Aug. 30, 2023 /PRNewswire-PRWeb/ -- Armexa, a cybersecurity company specialized in helping industrial companies achieve secure, safe, reliable and compliant operations, welcomes John Cusimano as Vice President, Operational Technology (OT) Security.

Key Points: 
  • Armexa, a cybersecurity company specialized in helping industrial companies achieve secure, safe, reliable and compliant operations, welcomes John Cusimano as Vice President, Operational Technology (OT) Security.
  • HOUSTON, Aug. 30, 2023 /PRNewswire-PRWeb/ -- Armexa, a cybersecurity company specialized in helping industrial companies achieve secure, safe, reliable and compliant operations, welcomes John Cusimano as Vice President, Operational Technology (OT) Security.
  • "Our executive team has been learning from John and his industry expertise for years from a distance.
  • Now, we have the privilege of working with him side-by-side to help industrial operating companies build and strengthen OT cybersecurity programs," said Jacob Marzloff, Armexa co-founder and CEO.

Industry IoT Consortium and International Society of Automation Update IoT Security Maturity Model: ISA/IEC 62443 Mappings for Asset Owners, Product Suppliers, and Service Providers

Retrieved on: 
Wednesday, August 9, 2023
International Society of Automation, ISO/IEC 27002, Internet of things, ISA99, ISO/IEC, Service, ISMS, Automation, IACS, Organization, Risk, ISA, IIC, Service provider, Open Information Security Maturity Model, SMM, International Society, Edition 1, Cryptocurrency

BOSTON, MA, Aug. 09, 2023 (GLOBE NEWSWIRE) -- The Industry IoT Consortium® (IIC™) and the International Society of Automation updated the IoT Security Maturity Model (SMM): ISA/IEC 62443 Mappings for Asset Owners and Product Suppliers and Service Suppliers .

Key Points: 
  • BOSTON, MA, Aug. 09, 2023 (GLOBE NEWSWIRE) -- The Industry IoT Consortium® (IIC™) and the International Society of Automation updated the IoT Security Maturity Model (SMM): ISA/IEC 62443 Mappings for Asset Owners and Product Suppliers and Service Suppliers .
  • The SMM: ISA/IEC 62443 Mappings for Asset Owners, Product Suppliers, and Service Suppliers retains Edition 1 mappings and other corrections and clarifications.
  • “The updated IoT SMM: ISA/IEC 62443 Mappings for Asset Owners and Product Suppliers helps companies select the adequate security levels commensurate with their expected level of risk.
  • You can download the updated IoT SMM: ISA/IEC 62443 Mappings for Asset Owners, Product Suppliers, and Service Providers from IIC and ISA websites.

Industry IoT Consortium and International Society of Automation Update IoT Security Maturity Model: ISA/IEC 62443 Mappings for Asset Owners, Product Suppliers, and Service Providers

Retrieved on: 
Wednesday, August 9, 2023
International Society of Automation, ISO/IEC 27002, Internet of things, ISA99, ISO/IEC, Service, ISMS, Automation, IACS, Organization, Risk, ISA, IIC, Service provider, Open Information Security Maturity Model, SMM, International Society, Edition 1, Cryptocurrency

BOSTON, MA, Aug. 09, 2023 (GLOBE NEWSWIRE) -- The Industry IoT Consortium® (IIC™) and the International Society of Automation updated the IoT Security Maturity Model (SMM): ISA/IEC 62443 Mappings for Asset Owners and Product Suppliers and Service Suppliers .

Key Points: 
  • BOSTON, MA, Aug. 09, 2023 (GLOBE NEWSWIRE) -- The Industry IoT Consortium® (IIC™) and the International Society of Automation updated the IoT Security Maturity Model (SMM): ISA/IEC 62443 Mappings for Asset Owners and Product Suppliers and Service Suppliers .
  • The SMM: ISA/IEC 62443 Mappings for Asset Owners, Product Suppliers, and Service Suppliers retains Edition 1 mappings and other corrections and clarifications.
  • “The updated IoT SMM: ISA/IEC 62443 Mappings for Asset Owners and Product Suppliers helps companies select the adequate security levels commensurate with their expected level of risk.
  • You can download the updated IoT SMM: ISA/IEC 62443 Mappings for Asset Owners, Product Suppliers, and Service Providers from IIC and ISA websites.