Fast-growing Indegy offers a one-of-a-kind security solution for industrial networks.
By Kat Zeman
When it comes to protecting industrial networks and critical infrastructure, many operators of power plants, oil refineries and various manufacturers are quickly beginning to turn to Indegy.
Although the New York City-based operational technology (OT) company is relatively young, it has already made a name for itself in markets that operate in complex industrial control system (ICS) environments.
“In a refinery or power plant, the equipment isn’t operated by Microsoft,” says Barak Perelman, Indegy’s co-founder and CEO. “You see equipment by Honeywell, General Electric and Siemens. We wanted to bring a product to the market that provides a security solution designed for the industrial environment.”
Founded in 2014, Indegy has seen its revenue skyrocket by 300 percent from 2017 to 2018 and continues to grow as more operators begin to realize potential threats to their critical infrastructure from cyber attacks, malicious insiders and human error.
Its patent-pending hybrid technologies combine policy-based monitoring and network anomaly detection with unique device integrity checks. Although the oil and energy sector is the company’s bread and butter, it also serves automotive, pharmaceutical, water, electric and other organizations in industrial markets.
“This is really a new technology for a lot of these organizations,” says Michael Rothschild, senior director of product marketing. “Industrial processes used to be isolated. Today, because all the machines are online, they are more vulnerable to purposeful attacks. But our technology also protects against incidents that are accidental in nature.”
From threat detection and mitigation to asset tracking, vulnerability management, configuration control and device integrity checks, Indegy’s solutions are designed to maximize the safety and reliability of an operational environment.
For example, the heart of a power plant is its turbine or generator. “The turbine needs to spin at a specific speed, alternate at a specific temperature and maintain pressure,” Perelman says. “It’s a complicated machine. But our product has the ability to understand every change and every misbehavior of these devices.”
Deployed as a network or virtual appliance, the solution offers comprehensive security tools and reports for IT security personnel and OT engineers.
It delivers clear situational awareness across all sites and their respective OT assets (from Windows Servers to PLC backplanes) in a single pane of glass.
Indegy calls it an “all-in-one” solution because it is delivered as an all-in-one turnkey appliance that plugs into the network without the use of agents. Although Indegy has a few competitors that offer cyber security solutions, its software is one-of-a-kind.
“Nobody does what we do,” Perelman says. “We have a unique background in engineering and computer science that’s not common in our industry and it’s allowed us to develop products that understand an industrial environment better than what is available in the market.”
An Elite Team
Indegy’s leadership and R&D teams consist of security, industrial operations and defense professionals, including several graduates of Israeli Defense Force (IDF) elite cyber security units.
Along with Perelman, the company was founded by Mille Gandelsman and Ido Trivizki. All three men are graduates of Israel’s elite Talpiot military academy and have served in in the IDF.
Perelman leads the company’s global operations with more than 15 years of hands-on experience in cybersecurity strategies and protection of critical infrastructures. Before Indegy, he led large-scale cyber security projects for IDF and received commendations.
Gandelsman, chief technology officer, is in charge of technology research and product management activities. Prior to Indegy, he led engineering efforts for an Israeli software company and spent several years leading cyber security research for IDF’s Intelligence Corps.
Trivizki, vice president of research and development, heads engineering activities. For 20 years, he has been an avid systems researcher of various computing technologies. He also led award-winning project’s for IDF’s Intelligence Corps. He worked for an Israeli software company as a lead developer. Although it is now based in New York, Indegy was founded in Israel.