Siemens Energy launches AI solution to fight industrial cybercrime

Siemens Energy has launched a new solution for monitoring and responding to cyberthreats against the Industrial Internet of Things (IIoT). The industrial sector is undergoing a rapid shift from legacy, separate, on-the-floor systems to connected platforms that utilize IoT for maintenance, monitoring, and to collect data suitable for operations and future business decisions, in what is known as IIoT or Smart Factory (Industry) 4.0. However, when you create networks and bring devices online, you run the risk of allowing threat actors access unless adequate protection is in place. As IoT continues to accelerate and operational technology (OT) becomes smarter, companies need to make sure they manage and secure endpoints and industrial networks to mitigate the risk of damage, data theft, and disruption caused by external entities. On Tuesday, Siemens said a new offering, dubbed Eos.ii -- not to be confused with the blockchain protocol EOS.IO -- is an artificial intelligence (AI) and machine learning (ML) Security Information and Event Management (SIEM) platform that "provides CISOs with an evergreen foundation for industrial IoT cybersecurity."