Claroty establishes regional headquarters in Singapore

Claroty establishes regional headquarters in Singapore
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As remote working becomes the default arrangement, the increased demand for digital services prompted Claroty’s expansion.

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Claroty has opened a regional headquarters office in Singapore to further establish its presence in the Asia-Pacific region.

“With most of the region working remotely, demand for digital services in APJ is growing, and with digitalisation comes inherent risk,” said Yaniv Vardi, CEO of Claroty.

“In the industrial world, that risk is particularly high as previously isolated operational technology (OT) networks become more integrated with information technology (IT) networks, and thus exposed to a whole host of cyber threats they were not designed to face.

“Our expansion in APJ is a reflection of this growing demand as well as the success we’ve achieved to date in the region, and we look forward to working with our strong ecosystem of partners to continue building upon this success.”

Spending on OT cybersecurity in the region has increased, given  that large-scale cyber incidents impacting critical industrial operations have become more pronounced. Such incidents have also made regulators aware that they need to prioritise the security of critical national infrastructure, whether publicly or privately held.

This leads regional agencies to assess how they will mandate that incident-reporting procedures and cybersecurity practices be installed and required of companies which operate in certain sectors, especially those in energy, oil and gas, transportation, finance, healthcare, and food and beverage. Claroty’s position with existing customers in the region has significantly expanded, as their industrial cybersecurity programs continue to mature.

“Across Australia and Asia, Claroty is a strong partner for companies in the oil and gas, utilities, manufacturing, water, and electrical power industries, but our customer base is broadening,” said Eddie Stefanescu, General Manager of Asia-Pacific and Japan (APJ). “In the past year, we have also experienced strong growth in the food and beverage sector, and in the pharmaceutical sector for the distribution of Covid-19 vaccines.”

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