Cervello, an Israel-based company focused on securing railways against cyber-attacks, has successfully completed a USD 4.5 million funding which will accelerate the technology development and continue the expansion into international markets.
Investors include the venture capitals North First Ventures of Israel and Awz Ventures of Canada, along with the founder of Comsec Group, Nissim Bar-El.
Cervello is addressing inherent security vulnerabilities and exploits in the critical systems which railway companies rely on.
“As operators further digitize their infrastructures, the railway industry is adopting an active approach towards both the security of its critical systems and international compliance. The Cervello Dashboard provides operators with full visibility of their railway signaling systems and critical assets and alerts on cyber incidents in the day to day operation. The solution can be either added to support existing rail equipment or installed during the manufacturing and design process,” Roie Onn, Cervello CEO said.
An alarming railway-hacking trend in recent years may lead to catastrophes such as trains derailment, taking over trains for ransom, and publicly embarrassing operators. As the intensity of various attacks increases, disruption of service and damage to goodwill may lead to tragic injuries or even the loss of human lives. Lacking a focused railway-specific cybersecurity platform, operators are seeking effective tools to detect malicious activity and cyber attacks in their operational networks to ensure the integrity of their safety systems and services. Cybersecurity solutions, originally developed for other industries, are insufficient.