Radiflow CIARA platform recognized in Gartner Hype Cycle 2023 for CPS risk management

August 09, 2023

OT cybersecurity company Radiflow announced Tuesday that its CIARA Risk Assessment and Management solution has been featured in Gartner hype cycle solutions research. The analyst firm recognizes the increasing risk to cyber-physical systems (CPS) and is highlighting Radiflow’s risk assessment and management solution.

In research published last month titled ‘Hype Cycle for Cyber Risk Management 2023,’ Gartner has determined that OT risk management solutions have penetrated nearly half their target audience and have already begun to deliver high benefits. Adopting cyber risk management technologies and concepts helps uncover the impacts of cyber risk and supports business and compliance goals. Security and risk management leaders should use the Gartner research to evaluate the impact of new and evolving solutions to inform appropriate adoption decisions.

CIARA is a ‘first-of-its-kind’ ROI-driven risk assessment and management platform specifically for industrial organizations, Netanel Zaken, a Radiflow executive, wrote in a company blog post. “Using thousands of data points for network, asset, locale, industry, adversary capabilities and attack tactics, it calculates the per-zone likelihood of attacks and the effectiveness of corresponding risk-mitigation measures (installed and proposed). It also accounts for the impact of attacks on business processes.”

Zaken added that CIARA determines the key indicators for risk, threat, and control levels, and delivers a comprehensive hardening plan (compliant with ISA/IEC 62443, NIST CSF, industry best practices), prioritized by each control’s contribution to achieving risk management goals. “CIARA also empowers CPS owners and operators with the ability to optimize their OT security expenditure.”

In June, Radiflow released CIARA 4.0 which introduces a benchmark tool and delivers actionable insights for managing and minimizing risk in large multi-site industrial facilities. The platform provides users with tools for optimizing their OT (operational technology) security expenditure, including risk-based prioritization of mitigation measures, defining risk tolerance/aversion preferences, over-time OT security planning, and benchmarking against peer OT organizations.