IronNet Joins Space Information Sharing and Analysis Center to Protect Space Community from Cyber Threats

Rhea-AI Summary

IronNet, Inc. (NYSE: IRNT) has become a Gold member of the Space Information Sharing and Analysis Center (ISAC), enhancing cybersecurity for the space industry. This membership allows IronNet to leverage its Collective Defense platform to address accelerated cyber risks, protecting sensitive data and critical infrastructure. The platform, powered by AWS, enables detection of cyber threats in real-time and facilitates collaboration within the space community. Additionally, IronNet recently launched IronRadar, which proactively updates cybersecurity tools with malicious indicators.

Positive

• Joining Space ISAC strengthens IronNet's position in the cybersecurity sector.
• The Collective Defense platform enhances collaboration and threat detection within the space industry.
• IronRadar provides proactive cybersecurity measures for clients, improving overall security.

Negative

• None.

MCLEAN, Va.--(BUSINESS WIRE)-- IronNet, Inc. (NYSE: IRNT), an innovative leader Transforming Cybersecurity Through Collective Defense^SM, was named the newest Gold member of the Space Information Sharing and Analysis Center (ISAC). Space ISAC members lead the global space community to identify and respond to threats and mitigating risks to the space mission.

“Space is the next frontier with many unknowns and potential threats, including cybersecurity risks. That’s why the Space ISAC is focused on building a strong foundation of cybersecurity from a knowledge pool with deep security expertise,” said Erin Miller, Executive Director, Space ISAC. “IronNet expands on this expertise with its elite team of threat hunters and unique Collective Defense platform. As the newest member of the Space ISAC, IronNet offers a clear value to our membership and the space industry.”

With high volumes of sensitive data and intellectual property coursing through a vast supply chain, the space development industry faces accelerated cyber risk. The IronNet Collective Defense^SM platform provides detection of new and unidentified cyberattack behaviors and a secure environment for real-time collaboration based on actionable attack intelligence.

“IronNet is on a mission of Collective Defense spanning public and private industry globally and beyond. Within the space community, IronNet works to protect intellectual property, Security Operation Centers, and critical infrastructure essential to critical missions and exploration,” said General (Ret.) Keith Alexander, CEO of IronNet. “Every day, IronNet's cyber solutions leverage advanced analytics and artificial intelligence to proactively defend our Collective Defense communities, their personnel, and customers. We are proud to join the Space ISAC as the next step in this important work. ”

The IronNet Collective Defense platform, powered by AWS, is the only solution that can identify anomalous behaviors and deliver actionable attack intelligence to all the other participants in the IronNet community. The Collective Defense platform serves as an early warning system for all participating companies and organizations, strengthening network security through correlated alerts, automated triage, and extended hunt support.

IronNet also recently launched IronRadar^SM, a new solution designed to proactively and automatically update customers’ cybersecurity tools with malicious indicators for adversary infrastructure. IronRadar uses an innovative process that fingerprints a server and determines whether it is a command and control (C2) server while those servers are being stood up, even before a cyber attack is initiated.

Building on these offerings and as a member of the Space ISAC, IronNet will join other leaders in the space industry to work around the clock to disseminate timely and actionable intelligence among member companies.

About IronNet, Inc.

Founded in 2014 by GEN (Ret.) Keith Alexander, IronNet, Inc. (NYSE: IRNT) is a global cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale. Employing a number of former NSA cybersecurity operators with offensive and defensive cyber experience, IronNet integrates deep tradecraft knowledge into its industry-leading products to solve the most challenging cyber problems facing the world today.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding IronNet’s ability to provide visibility and detection of malicious behaviors and to help defend against increased cyber threats facing the globe. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions, or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside IronNet’s management’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: IronNet’s inability to recognize the anticipated benefits of collaborations with IronNet’s partners and customers; IronNet’s ability to execute on its plans to develop and market new products and the timing of these development programs; the rate and degree of market acceptance of IronNet’s products; the success of other competing technologies that may become available; IronNet’s ability to identify and integrate acquisitions; the performance of IronNet’s products; potential litigation involving IronNet; and general economic and market conditions impacting demand for IronNet’s products. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described under the heading “Risk Factors” in IronNet’s Annual Report on Form 10-K for the year ended January 31, 2022, filed with the Securities and Exchange Commission (the “SEC”) on May 2, 2022, IronNet’s most recent Quarterly Report on Form 10-K for the quarter ended July 31, 2022, filed with the SEC on September 14, 2022, and other documents that IronNet files with the SEC from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IronNet does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221020005378/en/

Investor Contact: Nancy Fazioli – IR@ironnet.com

Media Contact: Bridget Bell – Media@ironnet.com

Source: IronNet, Inc.

FAQ

What is IronNet's recent achievement related to Space ISAC?

IronNet has become a Gold member of the Space Information Sharing and Analysis Center (ISAC), enhancing its cybersecurity capabilities in the space industry.

How does IronNet's Collective Defense platform benefit its members?

The Collective Defense platform provides detection of new cyberattack behaviors and facilitates real-time collaboration among space industry members.

What is IronRadar and how does it enhance security?

IronRadar proactively updates customers' cybersecurity tools with indicators of malicious infrastructure, improving defense against potential cyber threats.

What industry risks is IronNet addressing by joining Space ISAC?

IronNet is addressing increased cyber risks faced by the space development industry due to high volumes of sensitive data and intellectual property.