Dragos Acquires xIoT Security Firm Phosphorus

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Industrial cybersecurity firm Dragos has acquired xIoT security specialist Phosphorus, a move aimed at strengthening its ability to help organizations secure and manage the growing number of connected devices embedded across critical infrastructure and other operational networks.

Phosphorus was founded in 2017 by Chris Rouland (CEO), Earle Ady (CTO), and Rebecca Rouland (CFO). Rouland previously founded Bastille and Endgame. He also stood up the X-Force division at IBM where he was CTO and Distinguished Engineer.

The company’s platform enables organizations to identify connected devices, assess exposures, and automate remediation actions at scale. It also has the ability to automate security tasks such as password rotation, firmware updates, certificate management, and remediation across large fleets of connected devices.

“With this move we are also planting a bit of a flag that this isn’t about xIOT,” Robert M. Lee, CEO and Co-Founder of Dragos, commentedon LinkedIn. “ IT/IoT isn’t extending...

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