HONEYWELL EXPANDS OT CYBERSECURITY PORTFOLIO WITH ACTIVE DEFENSE AND DECEPTION TECHNOLOGY SOLUTION

Rhea-AI Summary

Honeywell (Nasdaq: HON) and Acalvio Technologies have launched the Honeywell Threat Defense Platform (HTDP), designed to detect known and unknown cyber attacks in operational technology (OT) environments. With advanced active defense mechanisms and autonomous deception tactics, HTDP aims to protect critical systems across various sectors, including utilities and hospitals. A Honeywell survey revealed that 27% of facility managers faced cyber breaches in the past year. The solution is user-friendly and can be deployed in both on-premises and cloud environments, enhancing organizational cybersecurity.

Positive

• Launch of Honeywell Threat Defense Platform (HTDP) enhances cybersecurity for operational technology environments.
• HTDP employs advanced deception technology to effectively detect and mitigate cyber threats.
• User-friendly deployment across IT and OT environments, requiring no specialized knowledge.
• Acalvio's investment aims to further develop cybersecurity solutions.

Negative

• 27% of facility managers reported experiencing a cyber breach in the last year, indicating a significant threat landscape.

ATLANTA and SANTA CLARA, Calif., Jan. 11, 2022 /PRNewswire/ -- Honeywell (Nasdaq: HON) and Acalvio Technologies announced today the launch of a new solution designed to detect known and unknown (zero-day) attacks across the operational technology (OT) environments in commercial buildings. Honeywell Threat Defense Platform (HTDP) powered by Acalvio^® employs sophisticated active defense – featuring autonomous deception tactics to outsmart attackers – and provides high fidelity threat detection. Honeywell's technology features an approach recommended by governments and cybersecurity standard bodies because of its ability to detect and control attacks.¹

Building owners and operators need to rigorously monitor, maintain and protect their OT environments.

Traditionally, building OT environments rely on prevention technology and passive detection such as perimeter security and network traffic analysis to secure systems. Yet, more than 1 in 4 (27%) surveyed facility managers experienced a cyber breach of their OT systems in the last 12 months, according to a recent survey conducted by Honeywell Building Technologies. Threat actors continue to target building systems with both targeted attacks and ransomware attacks. These attacks can go beyond accessing private customer data and may potentially impair the operations for critical organizations that keep society running such as utilities, data centers, hospitals and airports.

HTDP uses deception tactics to confuse and mislead threats away from critical assets and devices, resulting in low false alerts and a high rate of detection. The solution leads threat actors to decoy assets, which appear to be valuable OT and IT devices; however, none of the devices are real and there is no access to the enterprise assets. The solution makes real, critical operational devices harder to find, slowing down adversaries and helping security teams capture them faster.

"The quantity and complexity of cyberattacks unfortunately are increasing every day, reinforcing the need for building owners and operators to rigorously monitor, maintain and protect their OT environments," said Mirel Sehic, global director of cybersecurity, Honeywell Building Technologies. "Incorporating Acalvio's autonomous deception technology into our OT cybersecurity toolbelt provides a highly effective solution to help protect our customers' buildings from increasingly sophisticated attacks."

Powered by Acalvio's breakthrough deception technology, HTDP incorporates design-, intent- and industry-specific knowledge into a seamless workflow to deploy effective deception across distributed enterprise OT networks. Using specially crafted deception elements, HTDP also helps detect ransomware and even zero-day variants with precision and speed. HTDP uses advanced analytics to confirm and investigate threats.

"We're excited to work with Honeywell to secure and keep building OT systems properly operating while also protecting the people and data throughout an organization," said Ram Varadarajan, co-founder and CEO, Acalvio Technologies. "Importantly, this technology is something that can benefit every building and facility – especially those that do not have teams of cyber experts. It requires no prior knowledge of attacker tactics and can be deployed without special training or modifications to existing OT environments."

The HTDP solution includes deployment and ongoing monitoring, freeing up internal security team resources. Advanced artificial intelligence makes the service easy to use and scalable. HTDP is well-suited for organizations that desire advanced intrusion detection in their building network without having to install or operate complex technology. HTDP can be deployed across both IT and OT environments as either an on-premises offering or cloud service.

Honeywell is committed to simplifying the cybersecurity equation for customers. This new offering also helps customers improve their resilience and business continuity efforts to help meet their environmental, social and governance (ESG) goals. Honeywell's relationship with Acalvio includes investment by Honeywell Ventures to further support the development of the latest cybersecurity solutions and disruptive technologies.

Learn more about HTDP powered by Acalvio here.

¹ The Next Wave – The National Security Agency's review of emerging technologies: Vol. 23 | No. 1 | 2021

About Acalvio Technologies
Acalvio is the global leader in Active Defense solutions to combat cyberattacks. Its breakthrough Autonomous Deception technology is based on over 25 issues patents in Distributed Deception and advanced AI, to enable deployment of Active Defense that is effective, easy to use and enterprise scale. Acalvio's Autonomous Deception reduces attacker dwell time through early detection of advanced threats and increases Security Operations Center efficiency by utilizing sophisticated investigation and active threat-hunting capabilities. Acalvio has been awarded FedRAMP Ready status as a cloud-based service provider by the U.S. government. The Silicon Valley-based company's solution serves Fortune 500 enterprises, U.S. government agencies and marquee MSSPs. For more news and information, please visit www.acalvio.com.

About Honeywell Building Technologies
Honeywell Building Technologies (HBT) is transforming the way every building operates to help improve the quality of life. We are a leading building controls company with operations in more than 75 countries supported by a global channel partner network. Commercial building owners and operators use our hardware, software and analytics to help create safe, efficient and productive facilities. Our solutions and services are used in more than 10 million buildings worldwide.

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Media Contacts:
Honeywell	Acalvio Technologies
Megan McGovern	Alicia DiVittorio
(470) 449-6313	(415) 290-1253
megan.mcgovern@honeywell.com	alicia@acalvio.com

 

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SOURCE Honeywell

FAQ

What is the Honeywell Threat Defense Platform (HTDP)?

HTDP is a solution launched by Honeywell and Acalvio Technologies designed to detect known and unknown cyber attacks in operational technology environments.

How does HTDP protect against cyber threats?

HTDP uses advanced active defense and deception tactics to mislead attackers, thereby enhancing threat detection and reducing false alerts.

What sectors can benefit from the Honeywell HTDP solution?

HTDP is suitable for critical sectors such as utilities, data centers, hospitals, and commercial buildings that require robust cybersecurity measures.

What percentage of facility managers have faced cyber breaches according to Honeywell's survey?

The survey indicates that 27% of facility managers experienced a cyber breach in the past year.

Is HTDP easy to deploy?

Yes, HTDP can be deployed without special training or modifications, making it user-friendly for organizations.