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Accenture Makes Investment in Space Cybersecurity Solutions Provider, SpiderOak

Synopsis-

In pursuit of the same, Accenture, an Irish-American company providing information technology services and consulting has made a strategic investment in SpiderOak through its Accenture Ventures.”

Strategic investments have been instrumental in bringing tailored products that are more powerful and more target-specific when it comes to combat cyber attacks. In pursuit of the same, Accenture, an Irish-American company providing information technology services and consulting has made a strategic investment in SpiderOak through its Accenture Ventures.

What is space cybersecurity and how does it work?

SpiderOak, a US-based company that provides space cybersecurity solutions for hybrid space. The OrbitSecure product suite from SpiderOak offers zero trust security to the environments with zero gravity. To meet the demands of cybersecurity in space, OrbitSecure employs a mix of no-knowledge encryption and distributed-ledger technology.

The product suite includes a fully decentralised key management system, which aids in ensuring full accessibility and continued operations in space, even when networks are disconnected or highly contested.

This improves the resilience of multi-vendor, multi-network, mesh-proliferated low-Earth orbit networks by decreasing the attack surface and providing chances for adversaries to jam, disrupt, change, or challenge space communications and satellite services.

Paul Thomas, Space Innovation Lead, Technology Innovation at Accenture, said, “As the space economy grows, we anticipate that global demand for secure communications will soar. Our work with SpiderOak is the start of an exciting journey to enable secure communications in space and combine SpiderOak’s technology with solutions we are creating at Accenture, such as satellite communications, ground station as-a-service, remote IoT device-to-Satellite data, Space R&D and earth observation data,” Thomas continued.”

Huge Demand for Cybersecurity in Government & Commercial Sectors

The sharp rise in the number of satellites in orbit, both government and commercial, has created a demand for a hybrid, multi-party environment designed with security in mind. As new technologies speed up science and influence business transformation, enterprises must prioritise cybersecurity.

Dave Pearah, CEO, SpiderOak, said, “As organizations look for solutions to innovate at speed with the rate of growth in space, SpiderOak is well positioned to empower commercial and government customers with our revolutionary cybersecurity platform for space communications,”

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