Press Release

EDP, One of Europe's Major Electricity Operators, Completes a Strategic Investment in the Cybersecurity Company Sepio Systems

TEL AVIV – March 4, 2019 – Energias de Portugal, which ranks among Europe’s major electricity operators, and is one of Portugal's largest business groups has completed a strategic investment in the Israel- and US-based cybersecurity company Sepio Systems. EDP is a vertically integrated utility company that has electricity, gas and renewable energy operations in 16 countries and EDP Renewables is the fourth wind power operator worldwide.

EDP is expanding partnerships in Cyber Security to further strengthen connectivity and resilience that are vital to the infrastructure, and advance new business opportunities. Over the last couple of years, attacks on critical infrastructure have surged, and the potential repercussions are significant. A loss of data is concerning, but a loss of electricity is catastrophic to both businesses and society.

“Sepio’s approach to protecting enterprises against attacks arising from rogue devices is very creative and a well-executed idea in the cybersecurity space, and we were even more impressed after experiencing it firsthand.” Said Luis Manuel, Board Member at EDP Ventures. “The software provides granular visibility into our assets and, best of all, allows us to define and enforce a security policy for hardware devices. We believe Sepio is well-positioned to protect assets in both the IT and OT domains and we look forward to supporting Sepio Systems to help them grow further.”

Also participating in the investment are Mindset Ventures, an international Venture Capital firm that supports the growth and development of innovative companies that provide solutions to the relevant markets in Latin America, and the existing investors – Pico Venture Partners and Founders Group.
The partnership with EDP will help Sepio Systems accelerate the development and deployment of Sepio’s Rogue Device Mitigation solution among utilities, financial institutes, and large enterprises in Europe.
Sepio Prime is the world's first end-to-end solution that offers comprehensive mitigation of hardware-based attacks, including rogue peripherals, invisible network devices, and manipulated firmware. Sepio Prime has been successfully deployed in over 20 mid-sized to large banks, insurance, and telecom companies in the U.S., Singapore, Brazil, and Israel. The current install base secures over 600,000 workstations and network ports.

“The massive cyber-attacks and data breaches we see lately are due not just to the rise of cybercrime but also to the ease of getting hold of attack tools that were accessible to governments and intelligence organizations until only few years ago”, said Iftah Bratspiess, CEO of Sepio Systems. “We founded Sepio to help organizations address the rapidly growing threat of malicious hardware devices. By applying deep intelligence and hardware fingerprinting technology we can instantly and accurately detect and identify manipulated peripherals and network devices.”

Mr. Bratspiess added, “Having a top global vertically integrated utility such as EDP invest directly in Sepio is not only a vote of confidence in the company, but a testament to the significant risk organizations see in the uncontrolled use of hardware devices. In addition, the support and network of Mindset Ventures provides a huge leap forward in successfully engaging with top tier companies in Brazil. The new funding will fuel our technology roadmap as well as the expansion into new verticals and territories.” 


About EDP Ventures

EDP Ventures is the corporate venture arm of EDP group, an early-stage venture capital mainly focused in Seed and Series A, aiming to support and stimulate the open innovation process in the energy sector. Currently managing +70M€, EDP Ventures looks for disruptive technologies and business models focusing in Renewable Power technology, Smart Grids, Energy Efficiency, Electric Mobility, Energy Storage, AI and ML, Cybersecurity, Digital and Predictive analytics. It is located in Lisbon and São Paulo.
For more information visit www.edpventures.vc

About Mindset Ventures

Mindset Ventures is an international Venture Capital firm with investment focus primarily in the United States and Israel. We support the growth and development of groundbreaking companies by providing them with access to advisors and potential clients, especially in Latin America.
For more information visit https://mindset.ventures/ .

About Sepio Systems

Sepio is disrupting the cyber-security industry by uncovering hidden hardware attacks. Sepio Prime provides security teams with full visibility into their hardware assets and their behavior in real time. A comprehensive policy enforcement module allows administrators to easily define granular device usage rules and continuously monitor and protect their infrastructure. Leveraging a combination of physical fingerprinting technology together with device behavior analytics, Sepio's software-only solution offers instant detection and response to any threat or breach attempt coming from a manipulated or infected element.
For more information visit http://sepio.systems

Media Contact:
Alon Mlievski
alon@meirovitch.com 
Meirovitch Public Relations, PR agency for Sepio Systems 
+972-77-2129988 

Sepio Systems Introduces an End-to-end Solution That Protects Organizations Against Rogue Hardware Cyber-attacks

GAITHERSBURG, MARYLAND – January 30, 2019 – Sepio Systems, a leader in the Rogue Device Mitigation (RDM) market, introduces the next generation software solution that offers comprehensive mitigation of hardware-based cyber-attacks. The advanced mitigation capabilities protect against manipulated peripherals, transparent network devices, and firmware vulnerabilities.

Sepio's solution has been deployed in over 20 mid-to-large banks, insurance, and telecom companies in the U.S., Singapore, Brazil, and Israel. The current install base secures over 600,000 workstations and network ports.

Rogue device cyber-attacks are rapidly growing as demonstrated by recent reports of European banks losing tens of millions of dollars after hackers implanted hardware attack tools that compromised the secured infrastructure.

"These attacks are just the 'tip of the iceberg' as most remain undisclosed," said Yossi Appleboum, CEO of Sepio Systems Inc. "In many cases, hitting an organization is as simple as replacing a trusted peripheral with a manipulated one. For example, we discovered multiple Raspberry Pi computer modules, that include wireless connectivity, implanted in keyboards that were used for exfiltration attacks. The implant was emulating keyboard keystrokes to infect the workstation and steal data and was running undetected before Sepio's RDM was deployed."

In another incident, an off-the-shelf network router was used for infiltrating a Tier 1 bank. This tiny device was plugged in-line between a printer and the enterprise network, allowing covert remote access into the bank's IT systems. Sepio's software was able to trace this rogue device based on its physical fingerprint.

"Manipulated devices, intentionally used by insiders or socially engineered employees, are causing significant damages. We also witness an increasing number of penetrated uncontrolled supply chains that deliver infected equipment," said Appleboum. "While companies were focused on their software cyber risks, they overlooked the threat coming from their hardware. Users can not install unregulated software on a corporate computer but can easily connect an uncontrolled hardware accessory."


About Sepio Systems

Sepio is disrupting the cyber-security industry by uncovering hidden hardware attacks. Sepio Prime provides security teams with full visibility into their hardware assets and their behavior in real time. A comprehensive policy enforcement module allows administrators to easily define granular device usage rules and continuously monitor and protect their infrastructure. Leveraging a combination of physical fingerprinting technology together with device behavior analytics, Sepio's software-only solution offers instant detection and response to any threat or breach attempt coming from a manipulated or infected element.

For more information about Sepio Systems solutions and supply chain attack risks, visit www.sepio.systems, call +1 (240) 660-8690 and follow us on LinkedIn .

Media Contact:
Alon Mlievski
alon@meirovitch.com 
Meirovitch Public Relations, PR agency for Sepio Systems 
+972-77-2129988 

Cybersecurity Pros Cover Vital Cyber Practices

Cybersecurity Protocol Requires Continual Scrutiny and Updating

GAITHERSBURG, MD, USA, September 17, 2018 - “Gaithersburg Economic Development, the State of Maryland’s Department of Commerce and the Technology Development Corporation of Maryland (TEDCO) helped organize a cybersecurity panel for small and medium sized business owners.” 

“Top cybersecurity experts from the University of Maryland's Center for Health and Homeland Security and Maryland-based cybersecurity firms have banded together to help protect local businesses from hacking. That was the hot topic at a panel discussion yesterday hosted by Launch Workplaces and sponsored by local and state economic development professionals. 
Major themes included the importance of protecting clients and the supply chain. In the words of one panelist, "You're only as strong as your weakest link." Panelists said cybersecurity protocol requires continual scrutiny and updating.

Panelists included:
Markus Rauschecker, J.D. CyberSecurity Program Director
University of Maryland Center for Health and Homeland Security 
Ira Kolmaister, President, Network Alarm Corporation
Yossi Appleboum, CEO, SEPIO Systems
Ken Stalder, CEO, Sherpas Cyber Security Group

Moderator, Ellen Cornelius, Senior Law & Policy Analyst
University of Maryland Center for Health and Homeland Security

The panel discussion began at 3:30 with a networking with wine tasting from 5:00 until 6:30.

The entire panel discussion is available on Vimeo: https://vimeo.com/album/5420347

Ed Obendorfer and Brendan Salvo, both from Blackpoint Cyber, each won a bottle of premium wine from Knob Hall Winery during the networking/wine tasting reception conducted by Laura Rhode of Brand Market--both bottles rated at 92 points and Gold Medal Winners of the MD Governor’s Cup. “


Ira Kolmaister
Network Alarm Corporation
(301) 807-8135
email us here

Sepio Joins the Global Cyber Alliance, Sepio's CEO Announced as Ambassador

FOR IMMEDIATE RELEASE

GAITHERSBURG, MARYLAND – May 31, 2018 – “We are happy to join the Global Cyber Alliance (GCA),” said Gregory Poch, Sepio's VP of Sales. “The GCA generates a dialog between government, industry and users that allows exchange of ideas and discussions on current and future challenges", added Mr. Poch.

Earlier today, the GCA announced the installation of eight industry leaders to serve as GCA Ambassadors who will further the mission of eradicating cyber risk. These individuals were chosen because of their tremendous reputations in the cybersecurity community and their commitment to making a positive difference in addressing cyber challenges.  

Sepio's Co-Founder and CEO, Mr. Yossi Appleboum is one of these ambassadors, "I'm honored to serve as a Global Cyber Alliance Ambassador and have the opportunity to help in build an ecosystem that connects between the GCA, government and industry for creating a better secured society. I am looking forward to contributing my experience in building robust cybersecurity platforms and promoting them to the current GCA products such as Quad9 and the DMARC Setup Guide and to the future ones.", said Mr. Appleboum.

 


About Sepio Systems

Sepio Systems is the leader in securing organizations against attacks via rogue hardware devices. Sepio Systems is led by cyber security experts from private sector and government agencies. Senior members include Mr. Tamir Pardo, the former director of the Israeli Mossad, Mr. Robert Bigman, the former CISO for the CIA and Mr. Geoff Hancock the former CISO for the DOD. Sepio Systems is headquartered in Maryland, with offices in South Carolina and Michigan, and a research and development center in Tel-Aviv.

For more information about Sepio Systems solutions and supply chain attack risks, visit www.sepio.systems, call +1 (240) 660-8690 and follow us on LinkedIn .

Media Contact:
Brian Kelley

BKelley@AboutSage.com (for Sepio Systems)
703-533-1618

Sepio Systems Solution to Prevent ATM Jackpotting Attacks

FOR IMMEDIATE RELEASE

GAITHERSBURG, MARYLAND – February 13, 2018“Sepio’s software suite can prevent the recent ATM Jackpotting attacks,” said Robert Bigman, a senior advisor to Sepio and the former Chief Information Security Officer for the Central Intelligence Agency. “The recent attacks are a painful demonstration of the ease of executing cyber-attack after gaining physical access to IT equipment. The current approach to ATM security is insufficient. Integrating cyber-physical security components is a necessity," added Mr. Bigman.

ATM Jackpotting attacks have been around for a while, mostly in South America and Africa. Recent developments and warnings coming from the U.S Secret Service confirm that this type of cyber-crime is now widely happening in the US as well.

The described attack goes through the process of infecting the ATM with the Ploutus.D malware, and then maintaining remote access capabilities to trigger the cash spitting. All Jackpotting attacks, require physical access to the ATM to connect USB device. Keyboard emulator, detachable media and wireless interface are used for infecting the machine.

“Sepio’s software suite prevent these attacks by blocking any malicious hardware from being connected. Our solution alerts when a new device is connected before the attack starts,” said Greg Poch, Sepio Systems Vice President of Sales. “Our clients find our solution effective and easy to maintain,” added Mr. Poch.


About Sepio Systems

Sepio Systems is the leader in securing organizations against attacks via rogue hardware devices. Sepio Systems is led by cyber security experts from private sector and government agencies. Senior members include Mr. Tamir Pardo, the former director of the Israeli Mossad, Mr. Robert Bigman, the former CISO for the CIA and Mr. Geoff Hancock the former CISO for the DOD. Sepio Systems is headquartered in Maryland, with offices in South Carolina and Michigan, and a research and development center in Tel-Aviv.

For more information about Sepio Systems solutions and supply chain attack risks, visit www.sepio.systems, call +1 (240) 660-8690 and follow us on LinkedIn .

Media Contact:
Brian Kelley

BKelley@AboutSage.com (for Sepio Systems)
703-533-1618

Sepio Systems Sponsors Cyber Intelligence Asia 2018 on March 20-22, 2018 in Singapore

FOR IMMEDIATE RELEASE

GAITHERSBURG, MARYLAND – January 4, 2018 – Sepio Systems, a leader and pioneer in securing organizations against attacks via rogue hardware devices, will be presenting at the 2018 Cyber Intelligence Asia conference in Singapore.

Cybercrimes in Asia are on an increase with many banks, utilities, law firms and governments being targeted. Singapore is a region hub for the financial industry and for banks, investment firms, and insurance companies protecting their infrastructure is a key to business resilience.
Cybercrimes and sophisticated attacks are becoming an everyday occurrence forcing governments and utilities to make sure their cyber defense systems are top priority.

“During the past 18 months, we are seeing that the use of manipulated hardware by internal abusers has become a very compelling option for stealing sensitive information without being detected.”, said Bentsi Ben Atar, the CMO and Co-Founder for Sepio Systems. “Internet connectivity is heavily monitored by enterprises and many of the attempts to simply email or upload the stolen data is caught. The use of manipulated hardware that can be easily and very affordably purchased online provides a complete invisible channel for safely taking the information out.”

In THE USE OF MANIPULATED HARDWARE BY INTERNAL ABUSERS workshop, Mr. Ben Atar will describe real incidents and will demonstrate common attack flows and scenarios. The session will provide best practice recommendations and a brief of available tools to secure organizations both against data leakage as well and infection campaigns – both of insiders as well as threat agents and organized cybercrime groups.


About Sepio Systems

Sepio Systems is a pioneer in securing organizations against attacks via rogue hardware devices. Strategic cyber weapon technology that has been leaked is currently in the hands of criminal organizations that are using it against civilian commercial targets with no defenses against it. These enterprises never suspect that the seemingly legitimate devices they are using have been compromised, allowing access to key assets—often over long periods of time. Sepio Systems is headquartered in Maryland, with offices in Michigan and South Carolina, and a Research and Development Center in Tel-Aviv.

For more information about Sepio Systems solutions and supply chain attack risks, visit www.sepio.systems, call +1 (240) 660-8690 and follow us on LinkedIn .

Media Contact:
Brian Kelley

BKelley@AboutSage.com (for Sepio Systems)
703-533-1618

Sepio Systems Implements Data Security Overhauls In Top Financial Institutions

FOR IMMEDIATE RELEASE

NORTH BETHESDA, MARYLAND – October 17, 2017

Today Sepio Systems, a pioneer in securing organizations against cyber attacks via rogue hardware devices, announced partnerships with two major global banking institutions in the United Kingdom and South Africa to implement a comprehensive overhaul of their data security solutions.

Due to security protocols the two international financial institutions, requesting anonymity, will implement Sepio Systems' hardware security solutions across their IT infrastructures to identify and remove camouflaged nefarious technologies in their respective data systems.

"We are honored to be working with these major banks to help improve their data security," said Iftah Bratspiess, CEO of Sepio Systems. "By proactively addressing the potential damage that can come from these threats, both are staying ahead of bad actors before they can gain access to sensitive data."

The Sepio Systems' security site mitigates risk of cybersecurity events in large data systems by restricting the outward data flow of sensitive financial and personal data through rogue hardware deployed directly into the infrastructure. Implementing one-way data flow restricts access from rogue end-user devices such as a manipulated mouse or keyboard that attempts to covertly access and extract information. 


About Sepio Systems

Sepio Systems is a pioneer in securing organizations against attacks via rogue hardware devices. Strategic cyber weapon technology that has been leaked is currently in the hands of criminal organizations that are using it against civilian commercial targets with no defenses against it. These enterprises never suspect that the seemingly legitimate devices they are using have been compromised, allowing access to key assets—often over long periods of time. Sepio Systems is headquartered in Maryland, with offices in Michigan and South Carolina, and a Research and Development Center in Tel-Aviv.

For more information about Sepio Systems solutions and supply chain attack risks, visit www.sepio.systems, call +1 (240) 660-8690 and follow us on LinkedIn .

Media Contact:
Brian Kelley

BKelley@AboutSage.com (for Sepio Systems)
703-533-1618

Sepio Systems is Presenting at the ATM & Payments Security Conference on September 19, 2017 in London

FOR IMMEDIATE RELEASE

NORTH BETHESDA, MARYLAND – September 8, 2017 – Sepio Systems, a leader and pioneer in securing organizations against attacks via rogue hardware devices, will be presenting at the 2017 ATM & Payments Security conference.

ATMIA, a global leader in supplying ATM security best practice since 2003, presents a must-attend annual industry security summit for the ATM and payments industries. The association’s 17th consecutive annual event will be covering comprehensive security aspects of ATMs and payments, from preventing physical and logical attacks, data compromises and card skimming to interworking with law enforcement in a range of countries.

In the WHEN YOUR “BACK DOOR” BECOMES THE HACKER’S FRONT DOOR presentation, Bentsi Ben Atar, the CMO and Co-Founder for Sepio Systems will give examples of recent cyber and logical attack methods that are based on hardware device manipulation.
The session will include briefs and demonstrations of actual attack scenarios and flows and will include best practice mitigation guide and related counter measures and products.

“As it is becoming more and more difficult for cyber criminals to get a foothold into the ATM data and control networks, their obvious next step is to implant manipulated and rouge hardware devices.”, said Mr. Ben Atar. “The existence and deployment of those easy to obtain tools, gives threat actors permanent out-of-band access both for infecting the network and devices as well as exfiltrating sensitive information in a completely invisible way.”


About Sepio Systems

Sepio Systems is a pioneer in securing organizations against attacks via rogue hardware devices. Strategic cyber weapon technology that has been leaked is currently in the hands of criminal organizations that are using it against civilian commercial targets with no defenses against it. These enterprises never suspect that the seemingly legitimate devices they are using have been compromised, allowing access to key assets—often over long periods of time. Sepio Systems is headquartered in Maryland, with offices in New York and South Carolina, and a Research and Development Center in Tel-Aviv.

For more information about Sepio Systems solutions and supply chain attack risks, visit www.sepio.systems, call +1 (240) 660-8690 and follow us on LinkedIn .

Media Contact:
Brian Kelley

BKelley@AboutSage.com (for Sepio Systems)
703-533-1618

Sepio Systems Announces Board of Directors Punctuated with International Security Experts

FOR IMMEDIATE RELEASE

NORTH BETHESDA, MARYLAND – August 14, 2017Sepio Systems, a pioneer in securing organizations against attacks via rogue hardware devices, announces today the formation of its Board of Directors, which includes security experts from leading allied government intelligence agencies. 

Sepio announced Tamir Pardo – former director of the Israeli Mossad, the national defense agency of Israel – as chairman of the board in February. Today, Sepio names its full board including former national intelligence personnel from the U.S. Central Intelligence Agency (CIA) and Israeli National Cyber Bureau, among other prominent international security experts.

“This coalition of global intelligence and security leaders represents a commitment to address the emerging threat rogue hardware devices pose to domestic and international security,” said Pardo. “Our goal is to guide Sepio in developing solutions to identify and defend against growing threats to international information security.”  

Among new members of the board are: Robert Bigman, President at 2B Secure and former Chief Information Security Officer of the CIA; Rami Efrati, President at Firmitas Cyber Solutions and Former Senior Head of Division at the Israeli National Cyber Bureau; and Geoff Hancock, CEO at Advance Cyber Security Group and former member of the Joint Special Operations Command (JSOC) under the United States Special Operations Command (USSOCOM). Hancock is also a Senior Fellow-Adjunct Professor of Cybersecurity and Homeland Security at George Washington University and guest lecturer at National Defense University and Georgetown University.

“These additions to our board strengthen Sepio’s global knowledge and insight regarding advancing threats against secure data,” said Yossi Appleboum, Co-CEO of Sepio Systems. “We hope to continue advancing our solutions to meet the growing needs of CISOs around the world.”


About Sepio Systems

Sepio Systems is a pioneer in securing organizations against attacks via rogue hardware devices. Strategic cyber weapon technology that has been leaked is currently in the hands of criminal organizations that are using it against civilian commercial targets with no defenses against it. These enterprises never suspect that the seemingly legitimate devices they are using have been compromised, allowing access to key assets—often over long periods of time. Sepio Systems is headquartered in Maryland, with offices in Michigan and South Carolina, and a Research and Development Center in Tel-Aviv.

For more information about Sepio Systems solutions and supply chain attack risks, visit www.sepio.systems, call +1 (240) 660-8690 and follow us on LinkedIn .

Media Contact:
Dave Dykes

ddykes@aboutsage.com (for Sepio Systems)
703-584-7251

Sepio Systems Named Winner for Prestigious Red Herring Top 100 North America Award

 
 

NORTH BETHESDA, MARYLANDJune 15, 2017Sepio Systems, a pioneer in securing organizations against attacks via rogue hardware devices, has been chosen as a winner of Red Herring’s Top 100 North America award, one of the technology industry’s most prestigious recognitions.

The Top 100 awards were handed out at a special ceremony in Marina Del Rey, California, where executives presented their companies to a judging panel comprising industry insiders, analysts and journalists. The winning companies, selected from thousands of prospective startups and technology firms, represent the cutting edge of North America’s world-class tech industry – and demonstrate the region’s continued reputation for digital excellence.

“This is a great honor for Sepio Systems to be recognized as one of the elite companies leading the next wave of innovation in the technology industry,” said Yossi Appleboum, CEO of Sepio Systems. “Receiving this award is a tremendous validation and recognition of our mission protecting organizations as the only security solution on the market that identifies and blocks malicious hardware devices before they can cause harm.”

Red Herring selected Sepio Systems as a finalist for its rogue-hardware detection system that identifies and exposes nefarious hardware devices installed directly into data networks. These rogue devices reside on the first layer of security and have the ability to access and extract critical data while remaining completely undetected by existing cyber awareness infrastructures.

“This is one of the most innovative and exciting groups of companies we’ve ever hosted at a Top 100 awards show,” said Alex Vieux, chairman of Red Herring. “It’s always a pleasure to come to California and see the cream of North America’s tech crop. 2017 has proven to be another fine year for tech, which is now simply the economy rather than a small part of it.”

The Top 100 North America has become a springboard for some of tech’s biggest names, and a valued and trusted tool for venture capitalists, experts and analysts predicting trends at the industry’s cutting edge.

“Sepio Systems fully deserves its place among our finalists, and I have every confidence they will make a significant impact in the tech world,” added Vieux.


About Sepio Systems
Sepio Systems is a pioneer in securing organizations against attacks via rogue hardware devices. Strategic cyber weapon technology that has been leaked is currently in the hands of criminal organizations that are using it against civilian commercial targets with no defenses against it. These enterprises never suspect that the seemingly legitimate devices they are using have been compromised, allowing access to key assets—often over long periods of time. Sepio Systems is headquartered in Maryland, with offices in New York and South Carolina, and a Research and Development Center in Tel-Aviv


About Red Herring
Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy.


Media Contact
Brian Kelley
703-533-1618

BKelley@AboutSage.com (for Sepio Systems)