Booz Allen Flat on Corsha Stake

Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, has made a strategic investment in Corsha, the first and only Machine Identity Provider built to secure communication across operational systems and critical infrastructure. This investment will accelerate the use of advanced technology solutions to reinforce U.S. defenses against increasingly sophisticated and frequent cyberattacks.Operating in demanding environments and working with key partners such as the U.S. Air Force, Corsha uses multi-factor authentication to secure machine-to-machine communication and proactively defend against emerging cyber threats. Corsha leverages advanced behavioral analytics to detect unusual patterns and spot potential threats, blocking adversaries’ access to American operational technology (OT), including within domestic defense manufacturing and other U.S. critical infrastructure.“The physical world is increasingly hyperconnected and software defined, leaving military installations, civilian critical infrastructure, and other hubs of economic and national security at risk of cyber disruption,” said David Forbes, director of cyber-physical defense at Booz Allen, based in McLean, Virginia. “Addressing identity verification challenges is a critical step towards creating more resilient systems. We invested in Corsha because we believe their technology can solve the identity problem and because we expect securing the physical world to be a significant growth vector in the cyber market.”BAH shares demurred eight cents to $107.22.