Latest news with #DeanSysman
Yahoo
2 days ago
- Business
- Yahoo
UPDATE - Axonius Acquires Medical Device Security Specialist Cynerio for More Than $100 Million to Target Healthcare Market
Move enables $2.6 billion cybersecurity unicorn to secure connected medical devices and protect patient care NEW YORK, July 30, 2025 (GLOBE NEWSWIRE) -- Axonius, the global leader in cyber asset intelligence, today announced that it has acquired Cynerio, a pioneer in medical device security for more than $100 million in a cash and stock transaction. The acquisition looks to address a critical challenge for healthcare providers, where the proliferation of connected medical devices has created a vast and unprotected attack surface. These specialized assets, essential to patient care, have historically been invisible to traditional security tools, creating significant risk to both patient safety and hospital operations. 'Hospitals have been operating with a massive digital security blind spot,' said Dean Sysman, co-founder and CEO, Axonius. 'The very devices essential for patient care, from infusion pumps to MRI machines, have been completely invisible to cybersecurity teams, creating a dangerous, unprotected attack surface. This acquisition will help end that.' Sysman added, 'By integrating Cynerio's deep clinical expertise with Axonius asset intelligence, we can offer healthcare providers what they've been asking for: a single source of truth capable of securing their entire clinical environment.' 'In today's healthcare environments, risk doesn't respect the boundaries between clinical and enterprise systems. The combination of Cynerio's specialized medical device context with Axonius' foundational asset intelligence addresses this challenge directly," said Rasu Shrestha, MD, MBA, EVP and Chief Innovation and Commercialization Officer at Advocate Health, and Chairman of the Board at Cynerio. "It provides the holistic visibility required to manage the entire connected attack surface, enabling healthcare organizations to build more resilient security programs. This is a vital step forward in helping ensure technology can securely and effectively support the core mission of patient care.'Today's news represents a significant shift in the healthcare cybersecurity landscape. The acquisition was driven by a shared understanding that securing medical devices in a silo is no longer sufficient. Both companies recognized a growing customer demand for a single, unified platform to manage and secure the entire clinical environment—from traditional IT infrastructure to connected medical devices. By combining Axonius' asset intelligence platform with Cynerio's deep medical device expertise, the company is positioned to meet the immediate needs of hospitals while setting the foundation for broader Cyber-Physical Systems (CPS) security. As part of the acquisition, Cynerio co-founder and CEO, Leon Lerman, will join Axonius as senior vice president. Co-founder Daniel Brodie will join the Office of the CTO. The Cynerio team joins Axonius to accelerate the company's expansion into the healthcare market. Additional terms of the transaction were not disclosed. Read more about 'The Hidden Side of Healthcare: Why We're Acquiring Cynerio' in a blog post by Dean Sysman, co-founder and CEO, Axonius. About Cynerio:Cynerio has one simple goal—to secure every medical device in healthcare environments. With capabilities ranging from microsegmentation and improved device insight to identifying exposed ePHI and stopping ransomware, Cynerio provides the technology and expertise needed to protect hospitals from a variety of cyberattacks. About Axonius:Axonius transforms asset intelligence into intelligent action. With the Axonius Asset Cloud, customers preemptively tackle high-risk and hard-to-spot threat exposures, misconfigurations, and overspending. The integrated platform brings together data from every system in an organization's IT infrastructure to optimize mission-critical risk, performance, and cost measures via actionable intelligence. Covering cyber assets, software, SaaS applications, identities, vulnerabilities, infrastructure, and more, Axonius is the one place to go for Security, IT, and GRC teams to continuously drive actionability across the organization. Cited as one of the fastest-growing cybersecurity startups, with accolades from CNBC, Forbes, and Fortune, Axonius supports millions of assets for leading customers across industries and around the world. Bring truth to action with Axonius. Learn more at Media Contact: press@ A photo accompanying this announcement is available at
Fast Company
20-05-2025
- Business
- Fast Company
Combatting cyberthreats
When a cybersecurity breach happens, the consequences might seem endless. The immediate business disruption can be accompanied by reputational damage, litigation, intellectual property theft—the list goes on. Unfortunately, many organizations don't even keep track of all the devices, software, and other technology assets they use, much less monitor the specific security threats confronting their fast-growing, multilayered technology infrastructure. 'It's not a question of if, but when these companies will be targeted,' says Dean Sysman, cofounder and CEO of Axonius, a cybersecurity company that's helping businesses keep better track of their technology. The firm's platform allows organizations to see their entire tech stack—all the devices, applications, user accounts, and device authentications—in one place and manage their security from that central location. This singular focus on helping companies get control of their technology and put a cybershield around their entire business has earned Axonius a spot on Fast Company's 2025 list of the world's Most Innovative Companies. SINGLE SOURCE OF TRUTH The key to Axonius's success is how easily companies can connect existing technology to the firm's platform. In contrast to other cybersecurity solutions, users don't have to add software agents to integrate their systems with Axonius's cybersecurity technology. Not only can those integrations be complicated to manage, but they also can introduce security vulnerabilities. Once connected, the Axonius Asset Cloud provides users with a wide range of information about security gaps, risks, system inefficiencies, and misconfigurations that make a company's digital assets vulnerable. That comprehensive understanding of an organization's technology and risks helps it proactively prepare for threats that, left unchecked, could cause enormous damage or even shut it down. For example, Sysman points to one Axonius client, a large media company, that completely avoided disruption from the CrowdStrike IT outage that shut down millions of computers worldwide last year, even though the media company was a heavy user of the affected technology. FILTERING OUT THE NOISE Axonius recently introduced Workflows, a platform service that helps users take action against security risks as they emerge. Workflows does more than identify vulnerabilities that need correction. It allows users to solve problems in real time, offering more than 500 enforcement actions that can be activated without inputting any code. The next evolution of the Axonius Asset Cloud is its recently introduced Exposures product, which goes beyond identifying what technology assets are vulnerable and the kind of risks they're exposed to. Exposures synthesizes those inputs with other data that helps companies better understand which parts of a company's operations are most essential and what the loss of certain technology would mean to company operations. This capability to combine security context, device context, and business context helps businesses filter out less important information and prioritize threats that need immediate attention. Sysman compares the way his company's platform sifts through data to a crime-scene investigation. 'There are pieces of evidence that are inconclusive until you collect a lot of them and see them overlap in ways that create a clear picture of what's happening,' he says. 'That's exactly what our platform does for security teams. It takes the data from over a thousand different places and shows you what is telling you the truth.'
Yahoo
18-03-2025
- Business
- Yahoo
Axonius Named to Fast Company's Annual List of the World's Most Innovative Companies of 2025
Axonius joins the ranks of NVIDIA, OpenAI, Canva and more NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Axonius, the leader in cyber asset management that delivers visibility and actionability across all digital assets, has been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2025. chieve remarkable milestones in all sectors of the economy. Alongside the World's 50 Most Innovative Companies, Fast Company recognizes 609 organizations across 58 sectors and regions. "Being recognized as one of Fast Company's Most Innovative Companies is an honor and a testament to the hard work and creativity of the entire Axonius team," said Dean Sysman, CEO and Co-Founder of Axonius. "Innovation is at the core of everything we do. As organizations face an increasingly complex and dynamic threat landscape, our mission is to provide unmatched visibility and control over their assets. This recognition reinforces our commitment to empowering businesses with the insights they need to reduce risk and drive smarter decisions." Over the past 18 months, Axonius has significantly enhanced the Axonius Asset Cloud, a platform that provides comprehensive visibility and actionability across cyber assets, SaaS applications, software, identities, vulnerabilities, and infrastructure — all in a single unified view. By integrating data from more than a thousand sources, the platform helps organizations reduce complexity and take action through automated response and remediation. To determine honorees, Fast Company's editors and writers review companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is . 'Our list of the Most Innovative Companies offers both a comprehensive look at innovation today and a playbook for the future,' said Fast Company editor-in-chief Brendan Vaughan. 'This year, we recognize companies that are harnessing AI in deep and meaningful ways, brands that are turning customers into superfans by overdelivering for them, and challengers that are introducing bold ideas and vital competition to their industries. At a time when the world is rapidly shifting, these companies are charting the way forward.' The full list of Fast Company's Most Innovative Companies honorees can now be found at It will also be available on newsstands beginning March 25. About AxoniusAxonius transforms asset intelligence into intelligent action. With the Axonius Asset Cloud, customers preemptively tackle high-risk and hard-to-spot threat exposures, misconfigurations, and overspending. The integrated platform brings together data from every system in an organization's IT infrastructure to optimize mission-critical risk, performance, and cost measures via actionable intelligence. Covering cyber assets, software, SaaS applications, identities, vulnerabilities, infrastructure, and more, Axonius is the one place to go for Security, IT, and GRC teams to continuously drive actionability across the organization. Cited as one of the fastest-growing cybersecurity startups, with accolades from CNBC, Forbes, and Fortune, Axonius covers the lifecycle of millions of assets for leading customers across industries and around the world. Bring truth to action with Axonius. Learn more at ABOUT FAST COMPANYFast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with fellow business publication Inc. For more information, please visit Media Contactpress@
