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EBARA Corporation Deploys Cyber Monitoring and Intelligence Capabilities Powered by Verizon Business

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Verizon Business is strengthening EBARA 's global cybersecurity through the deployment of Managed Security Incident and Event Management (MSIEM) capabilities. EBARA, a leading industrial manufacturer founded in 1912 with over 19,800 employees across 100+ locations, will receive continuous security threat monitoring and daily threat intelligence feeds from Verizon's Threat Research Advisory Center (VTRAC).

The implementation marks a significant step in EBARA's transition to a cloud-centric architecture with zero-trust security framework. Verizon's global security infrastructure processes over 20 trillion security events yearly through nine Security Operations Centers and six forensics labs. According to Verizon's 2024 Data Breach Investigations Report, 15% of breaches involve third parties, highlighting the importance of advanced threat-hunting tools.

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Positive

  • Secured major contract with EBARA for cybersecurity services
  • Expansion of Verizon's cybersecurity services in the Asia Pacific market
  • Demonstrates capability to serve large-scale industrial clients globally

Negative

  • None.

News Market Reaction 1 Alert

+0.07% News Effect

On the day this news was published, VZ gained 0.07%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

TOKYO , Dec. 04, 2024 (GLOBE NEWSWIRE) -- Verizon Business is supporting Japan’s EBARA Corporation and its subsidiaries to strengthen EBARA’s global cybersecurity monitoring and cyber intelligence capabilities. As part of EBARA’s ongoing IT infrastructure transformation, the company’s technology teams are now deploying Verizon’s Managed Security Incident and Event Management (MSIEM) capabilities.

Founded in 1912, EBARA Corporation is one of the world’s leading industrial manufacturers, employing over 19,800people across more than 100 locations worldwide. The company specializes in high-tech machinery, including water pumps, refrigeration equipment, blowers, compressors, turbines, waste incineration plants, and semiconductor manufacturing equipment.

Verizon's MSIEM service is designed to continuously monitor security threats, helping EBARA's network and security experts to respond proactively to potential compromises before they can cause significant damage. EBARA's IT teams will also receive daily threat intelligence feeds from Verizon’s Threat Research Advisory Center (VTRAC), with access to security engineers and analysts who will evaluate alerts and escalate potential threats 24/7. This deployment marks a critical milestone for EBARA in establishing a cloud-centric architecture based on a zero-trust security framework.

Kazuki Chiba, General Manager of EBARA Corporation's Information & Telecommunication Management Division, said,“EBARA is committed to strengthening its global cybersecurity posture by aligning with industry best practices like ISMS/CIS Controls. In partnership with

Verizon, a global leader in cybersecurity, we have implemented SIEM capabilities and established an integrated log monitoring system within our Security Operations Center. These enhanced capabilities are critical to our core business operations, and we look forward to Verizon’s continued support in our cybersecurity journey.”

Robert Le Busque, regional vice president of Asia Pacific, Verizon Business said, “EBARA Pumps operates at the heart of critical infrastructure and is a cornerstone in the high-tech industry across the globe. Its products touch all facets of modern infrastructure from water management to industrial applications. We know that breaches continue to rise, as reported in our 2024 Verizon Data Breach Investigations Report, with 15% of breaches involving a third party, highlighting one area where businesses can be vulnerable. So access to advanced threat-hunting tools to mitigate malicious activities is essential to EBARA Pumps’ operations and innovation across the entire business, helping ensure its technologies remain secure and protected for all stakeholders.”

Verizon processes over 20trillion security events every yearthrough its nine Security Operations Centers around the globe, six forensics labs and one of the largest IP networks in the world. Find out how to continuously monitor security threats and help respond to potential compromises before they cause serious damage here.

About Verizon

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

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VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Nilesh Pritam
Nilesh.pritam@sg.verizon.com


FAQ

What cybersecurity services is Verizon (VZ) providing to EBARA ?

Verizon Business is providing Managed Security Incident and Event Management (MSIEM) capabilities and daily threat intelligence feeds through its Threat Research Advisory Center (VTRAC) to EBARA

How many security events does Verizon (VZ) process annually?

Verizon processes over 20 trillion security events annually through its nine Security Operations Centers and six forensics labs globally.

What percentage of breaches involve third parties according to Verizon's (VZ) 2024 Data Breach Report?

According to Verizon's 2024 Data Breach Investigations Report, 15% of breaches involve a third party.
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