ZEPHYR
COVE, Nev., June 13,
2023 /PRNewswire/ -- VirnetX™ Holding Corporation
(NYSE: VHC), an Internet security software and technology company,
today announced a technology alliance partnership with
ObjectSecurity™ LLC, a leader in solving complex, evolving defense
and industrial cybersecurity and supply chain risk challenges that
threaten national security and production downtime. VirnetX and
ObjectSecurity have leveraged their patented technologies to
deliver a solution available through the International Association
of Certified ISAOs (IACI).
The goal of a Homeland Certified Information Sharing and
Analysis Organization (ISAO) is to share cybersecurity
threat information among critical infrastructure operator
members voluntarily. The VirnetX and ObjectSecurity OT.AI™
Platform integrated solution combines the patented VirnetX
Matrix™ 'Secure Domain' Zero Trust Network Access (ZTNA)
solution for secure, private access communications and
application access; and the ObjectSecurity OT.AI™ Platform to push
notifications of industrial device cybersecurity vulnerability and
weakness alerts at the moment the analysis is completed, including
published and potential zero-day vulnerabilities, exploits and
weaknesses – beyond traditional open source CVE and behavioral
threat continuous monitoring.
"A growing number of critical infrastructure providers,
operators, and asset owners are choosing to deploy private cloud
environments to rapidly share information on industry-specific
cybersecurity notifications to maintain resiliency," said
Kendall Larsen, VirnetX CEO and
President. "We worked with ObjectSecurity to push the analysis logs
within the VirnetX Matrix™ environment, providing seamless and
secure ZTNA to the private clouds that host data critical for the
protection of our national security. We welcome ObjectSecurity as
our technology alliance partner."
VirnetX Matrix™ provides an additional layer of protection
designed to prevent unauthorized access, enforce access policy
controls, and enable real-time network management to protect cloud
or on-premises applications from malware, ransomware and other
cybersecurity threats. ZTNA protection and "single-click"
technology are designed to make VirnetX products more effective at
preventing cyberthreats and more user-friendly than other available
products and services.
"The ObjectSecurity OT.AI Platform novel approach to analyzing
critical infrastructure devices provides detection and a deep dive
insight of cybersecurity vulnerabilities at the firmware code
level, including IIoT traffic light monitors, HVAC systems, and
patrol car onboard computers. By providing proactive analysis to
critical infrastructure ISAOs, the resulting solution
provides exponential value by sharing these valuable insights
in the secure VirnetX Matrix environment," said Susan Farrell, Head of R&D Commercialization
for ObjectSecurity.
"Together, VirnetX Matrix™ ZTNA and ObjectSecurity OT.AI™
operationalize security resilience leveraging patented zero-trust
secure communications to share in real-time operational technology
(OT) / industrial control systems (ICS) vulnerability
notifications, and the proactive, detailed analysis of industrial
device firmware binary code of embedded devices not monitored for
network behavior – a staggering 20-70% of the devices in an OT/ICS
environment" stated Deborah Kobza,
IACI CEO. "IACI is privileged to provide this integrated solution
delivering secure real-time industrial device cybersecurity
vulnerability and weakness sharing, analysis and reporting for
public and private-sector critical infrastructure protection."
About ObjectSecurity
ObjectSecurity LLC is a leader in solving complex, evolving
defense and industrial cybersecurity and supply chain risk
challenges that threaten national security and production downtime.
Our novel research and development are applied to commercial
solutions proactively addressing the core source of cyber
vulnerabilities and risk – software code and data. Our holistic,
proactive approach prevents cyberattacks and disruptive production
downtime across industries that support global citizen communities,
including military defense, municipal smart cities, public and
private transportation, energy, wastewater treatment, power
utilities, manufacturing, and the life sciences. For more than 14
years, ObjectSecurity has been delivering cybersecurity and supply
chain risk management solutions, including to U.S. defense and
federal government agencies. These advanced technologies are now
commercially available for government and private sector use.
ObjectSecurity is privately-held with headquarters in San Diego, CA, with global representation.
Learn more about the ObjectSecurity OT.AI Platform at
https://www.objectsecurity.com/otai.
About IACI
The International Association of Certified ISAOs
(IACI), Division of the Global Security Resilience Alliance
(GSRA), headquartered at NASA's Kennedy
Space Center, Florida is the global 'Center-of-Gravity' for
security intel actionable intelligence information sharing,
analysis and coordinated response, trusted technologies, and
education. IACI supports public- (federal, state, local, tribal,
territorial, and international) and private-sector critical
infrastructure owners and operators, public safety and law
enforcement, academia, NGOs, security and technology
organizations.
IACI also advances information-sharing advocacy and capacity
building, including supporting and assisting public and private
critical infrastructure owners and operators and other
communities-of-interest and organizations to rapidly operationalize
a first-class information sharing community supported by
proven expert guidance and technology, moving rapidly from concept
to operations. For more information or implementation assistance
for VirnetX Matrix™ and VirnetX War Room™, please contact IACI
Operations, at operations@certifiedisao.org.
About VirnetX
VirnetX Holding Corporation is an Internet security software and
technology company with patented technology for Zero Trust Network
Access ("ZTNA") based secure network communications. VirnetX
software and technology solutions, including its Secure Domain Name
Registry and Technology, VirnetX One™, VirnetX War Room™, VirnetX
Matrix™, and Gabriel Connection Technology™, are designed to be
device and location independent, and enable a secure real-time
communication environment for all types of enterprise applications,
services, and critical infrastructures. The Company's patent
portfolio includes over 200 U.S. and foreign granted patents,
validations, and pending applications. For more information, please
visit http://www.virnetx.com/ .
Special Note Regarding Forward-Looking Statements
This press release should be read in conjunction with our
filings with the Securities and Exchange Commission.
Statements herein may constitute "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as
amended (the "Securities Act"), and Section 21E of the Securities
Exchange Act of 1934, as amended (the "Exchange Act").
These forward-looking statements are based upon our current
expectations, estimates, assumptions, and beliefs concerning future
events and conditions and may discuss, among other things,
expectations regarding the product and its impact on security
solutions. Any statement that is not historical in nature is a
forward-looking statement and may be identified by the use of words
and phrases such as "anticipates," "believes," "estimates,"
"expects," "intends," "plans," "predicts," "projects," "will be,"
"will continue," "will likely result in," and similar expressions.
Readers are cautioned not to place undue reliance on
forward-looking statements. Forward-looking statements are
necessarily subject to risks, uncertainties, and other factors,
many of which are outside our control, and could cause actual
results to differ materially from such statements and from our
historical results and experience. These risks, uncertainties and
other factors include, but are not limited to risks detailed in our
filings with the Securities and Exchange Commission (the "SEC").
Readers are cautioned that it is not possible to predict or
identify all the risks, uncertainties and other factors that may
affect future results and that the risks described herein should
not be considered a complete list. Any forward-looking statement
speaks only as of the date on which such statement is made.
EXCEPT AS REQUIRED BY LAW, WE UNDERTAKE NO OBLIGATION TO UPDATE
OR REVISE ANY FORWARD-LOOKING STATEMENT AS A RESULT OF NEW
INFORMATION, FUTURE EVENTS OR OTHERWISE.
Investor Relations
VirnetX Holding Corporation
415.505.0456
ir@virnetx.com
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