Dragos (DRAG.PVT)
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Learn MoreDescription
Dragos is an industrial cybersecurity company developing systems for critical infrastructure. Dragos claims their platform provides customers visibility into ICS and OT networks to detect security threats. Dragos develops solutions for organizations across a range of industries, including power and water utilities, energy, and manufacturing, and emerging applications like the Industrial Internet of Things (IIOT). Dragos is was founded in 2016 and is headquartered in the Washington, DC area with a regional presence around the world, including Canada, Australia, New Zealand, Europe, and the Middle East.
Dragos
- Sector:
- Privacy and Security
- Industry: Cyber Security, Network Security, Security
- Full Time Employees:
- 501
Key Executives
Name | Title |
|---|---|
| Robert M. Lee | Chief Executive Officer |
| Darren Sankbeil | Chief Financial Officer |
| Jon Lavender | Chief Technology Officer |
Key Facts
Dragos provides industry-specific cybersecurity solutions designed to safeguard operational technology (OT) assets and infrastructure from cyber threats. For example, its Dragos Platform integrates threat intelligence, behavioral analytics, and asset visibility to detect and respond to cyber incidents affecting ICS networks.
Dragos has established itself as a trusted partner among organizations responsible for critical infrastructure protection, including government agencies, utilities, and industrial enterprises. The company claims that its expertise in threat intelligence sharing, incident response readiness, and proactive defense strategies strengthens its credibility and fosters long-term relationships with customers seeking robust cybersecurity solutions for their industrial assets.
Dragos has responded to and mitigated cyber incidents targeting critical infrastructure, demonstrating its capability to detect and neutralize sophisticated threats affecting industrial control systems. For instance, Dragos’ threat detection capabilities helped identify and mitigate the Triton malware attack, which targeted safety systems at a critical infrastructure facility.
The industrial cybersecurity market is highly competitive, with established players like Siemens, Schneider Electric, and cybersecurity giants such as Palo Alto Networks and FireEye offering competing solutions.
Dragos’ revenue is heavily dependent on capital expenditures and cybersecurity budgets of industrial sectors such as energy, manufacturing, and utilities. Economic downturns, budget constraints, or fluctuations in commodity prices can impact these sectors' willingness to invest in cybersecurity solutions.
Changes in regulatory requirements, new compliance mandates, or evolving cybersecurity frameworks could necessitate costly adjustments to Dragos’ products and services.
