Palo Alto Networks has announced a zero trust security solution designed to help organizations protect their operational technology (OT) assets, networks and remote operations, according to a prepared statement.
The OT security solution provides security teams with visibility across their organizations' OT assets, applications and end-users, Palo Alto Networks said. As such, the solution helps security teams quickly profile, score and respond to OT security risks.
How Palo Alto Networks' OT Security Solution Works
Palo Alto Networks' security solution observes, categorizes and visualizes the behaviors of an organization's OT assets, Palo Alto Networks indicated. In doing so, the solution gives security teams insights into their organization's OT security risks. From here, security teams can apply appropriate security controls and quickly identify and address security anomalies.
In addition, the solution uses artificial intelligence and machine learning to recognize hundreds of OT device profiles and over 1,000 OT and industrial control system (ICS) applications and has hundreds of OT threat signatures, Palo Alto Networks stated. It allows security teams to gather risk insights that they can use to find ways to protect their organizations' OT assets against cyberattacks and data breaches.
The OT security solution is expected to be generally available in March. It can be used across Palo Alto Networks' hardware and software Next-Generation Firewalls (NGFW) and Prisma secure access service edge (SASE) solution.
Palo Alto Networks Boosts Revenue in 2QFY23
The OT security solution announcement comes after Palo Alto Networks reported $1.7 billion in revenue in 2QFY23, up 26% year over year. Palo Alto Networks also recorded GAAP net income of $84.2 million during the period; comparatively, the company reported a GAAP net loss of $93.5 million one year earlier.
Palo Alto Networks remains focused on driving "profitable growth," CFO Dipak Golechha said in February 2023. The company has raised its cash flow margin and operating profitability targets for 3QFY23 and expects its revenue to fall between approximately $1.5 billion and $1.7 billion during the time frame.
