Woodside has invested in Sapien Cyber, a Western Australian company specializing in the protection and security of critical infrastructure.
Sapien Cyber was launched by the cybersecurity research team at Edith Cowan University, commercialized in partnership with Jindalee Partners, and refined in collaboration with Woodside. It is a 100% Australian-owned technology platform that provides clients network visibility, dynamic real-time monitoring, and actionable intelligence to reduce the vulnerability of digital systems to cyberattack.
Woodside, the pioneer of Australia’s liquified natural gas (LNG) industry, will take a 10% shareholding in Sapien Cyber, subject to satisfaction of conditions precedent.
Woodside Chief Technology Officer Shaun Gregory will join the Sapien Advisory Board as an observer, noting the Sapien Cyber relationship effectively demonstrates Woodside’s collaborative approach to innovation and technology.
“Woodside is proud to be supporting another Western Australian technology company," he said. "The sophistication of Sapien Cyber’s technology platform has the potential to deliver a comprehensive and multidimensional cybersecurity solution to protect Woodside’s operating assets.”
Sapien Cyber Chairman John Poynton said criminals, activists, and state agents are refining the potency of their cyber weapons continually. “Solutions need to evolve faster than the threats," he said. "Our unique approach offers unparalleled, real-time visibility to the client’s network, detecting operational technology cyberthreats before they can wreak havoc."