Critical Infrastructure Security, Governance, Risk and Compliance
Fortress expanding SBOM and HBOM resources with nine-figure Goldman investment

Stock prices whiz by on a ticker near the Goldman Sachs booth on the floor of the New York Stock Exchange in 2010 in New York. (Photo by Chris Hondros/Getty Images)
Industrial security firm Fortress announced Tuesday a $125 million investment from Goldman Sachs, which the company says will be used in large part to expand its archive of vendor information to include hardware and software bills of materials (HBOM and SBOM).While the company plans to use the money on multiple projects, including user experience, chief operating officer Betsy Soehren-Jones told SC Media that the biggest project was expanding their bills of materials libraries, made necessary after a year of supply chain issues like Log4j."We needed research and development capital to be able to really put that project on warp speed, just given the incidences that we see that are happening right now, to be able to effectively give our customer base in critical infrastructure exactly what they need to be able to respond to those incidences much quicker," said Jones.Fortress, formed in 2015, hosts the A2V (Asset-to-Vendor) Network, industry-centered databases of the security practices potential suppliers and other vendors use. The network offers information on products and vendor networks that might store client data. Fortress currently claims to serve 40% of the American electric grid.
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