CyberX, the IoT/OT security company, announced that it is being acquired by Microsoft.

As enterprises implement digital transformation and Industry 4.0 for greater efficiency and productivity, boards and management teams are increasingly concerned about the financial and liability risk resulting from the deployment of massive numbers of connected IoT and OT devices.

Adversaries targeting this expanded attack surface can cause substantial corporate impact including safety and environmental incidents, costly production downtime, and theft of sensitive intellectual property.