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Check Point to Acquire Atmosec

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Check Point Software Technologies Ltd. has announced the acquisition of Atmosec. An early-stage start-up, Atmosec specializes in the rapid discovery and disconnection of malicious SaaS applications, preventing risky 3rd party SaaS communications, and rectifying SaaS misconfigurations.  The move reinforces Check Point‘s commitment to enhance its SaaS security offering and address the security gaps and blind spots in SaaS applications. Atmosec was founded in January 2021 and employs 17 employees.

The widespread adoption of SaaS applications has exposed organizations to an increased array of cyber threats. Statista reports an average use of 130 SaaS applications by organizations globally. Yet, Atmosec’s research reveals that there are approximately 700 additional SaaS applications in use without IT’s knowledge. Moreover, within popular enterprise SaaS platforms such as O365 and Slack, hundreds of third-party apps are connected. This ever-expanding SaaS landscape not only increases the potential attack surface, but it also introduces many apps that could be harmful or misused to leak sensitive information, often bypassing proper IT authorization.

“The shift to SaaS applications introduces specific challenges, notably in the realm of malicious SaaS-to-SaaS communications. Atmosec´s capabilities in SaaS discovery, risk assessment, and full visibility are instrumental in addressing these challenges,” says Nataly Kremer, Chief Product Officer and Head of R&D at Check Point Software Technologies. “Integrating Atmosec’s technology into Check Point Infinity sets us to deliver one of the industry’s most secure SASE solutions, enabling organizations to effectively manage SaaS security, prevent data leaks, unauthorized access, and malware dissemination, and ensure a robust, adaptive zero trust environment.”

Key features of Atmosec’s technology include:

  • Quick discovery and disconnection of malicious SaaS applications, completed in under 10 minutes
  • Prevent third-party SaaS applications from communicating with an enterprise’s SaaS environment
  • Provide full visibility into authorized and unauthorized SaaS applications
  • Fix misconfigurations within SaaS applications such as publicly exposed repositories,
  • Enforce multi-factor authentication (MFA) to access the application, and many more.

With Atmosec’s technology, Check Point Infinity will offer SaaS security with continuous SaaS posture management, prevention of malicious communications (SSPM), and a full security stack for SaaS apps including threat prevention, data protection, and adaptative zero-trust access controls for both users and devices (CASB). New capabilities will be incrementally released based on roadmap milestones, enabling organizations to utilize these critical enhancements from the same Check Point Infinity platform they already use today. The acquisition of Atmosec is expected to close by mid-September 2023.

Cyber Security

AmiViz Champions Cybersecurity Innovation at Leading MENA Events

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AmiViz has announced its successful participation in two key regional cybersecurity conferences: MENA ISC 2024 in Saudi Arabia, and CYSEC UAE 2024 in the UAE. These events have served as a platform for AmiViz to collaborate with its top vendors, including Bitsight, Cequence Security, Picus Security, AlgoSec, BlackBerry, Check Point, Tenable, Asimily, and Threatcop, to showcase cutting-edge cybersecurity technologies and solutions.

Throughout these events, AmiViz engaged deeply with partners and customers, gaining invaluable insights into the unique cybersecurity challenges faced in the region. The focus was on promoting new technologies that address these challenges and enhance security protocols for businesses operating in the dynamic Middle Eastern market.

“Our presence at the MENA ISC 2024, and CYSEC UAE 2024 has been a remarkable opportunity for us to not only present our innovative solutions but also to understand firsthand the needs and pain points of our clients,” stated Ilyas Mohammed, COO at AmiViz. “Collaboration with our key vendors has allowed us to offer a comprehensive suite of cybersecurity products and services that cater specifically to the complexities of this region.”

AmiViz’s participation in these events underscores its commitment to advancing cybersecurity readiness and resilience across the Middle East. By leveraging strategic partnerships with leading global vendors, AmiViz continues to bring state-of-the-art cybersecurity solutions to the forefront, helping businesses protect their critical assets against increasingly sophisticated cyber threats.

AmiViz, along with its key vendors, will continue participating in major tech events, with plans for a strong presence at GITEX next month. Following GITEX, the company is gearing up for Black Hat in Saudi Arabia this November, showcasing its cutting-edge cybersecurity solutions to the region.

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Cyber Security

UAE and Saudi Arabia Face Unprecedented 70% Rise in Threats: Positive Technologies

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Positive Technologies experts have unveiled comprehensive research on the shadow market of cybercriminal services targeting the Gulf countries. The UAE and Saudi Arabian organizations remain in the crosshairs of cybercriminals, and over half of all posts on darknet forums are about selling data and access to local companies’ infrastructures. Researchers have highlighted a sharp increase in the free distribution of such data on the dark web, along with a surge in reports of DDoS attacks targeting the public sector and other industries. One in five ads analyzed was related to buying or selling access, with two-thirds available for under $1,000.

According to the research, cybercriminals remain focused on the two largest economies in the region—the UAE (40% of all posts) and Saudi Arabia (26%). The spotlight on darknet forums is on the public sector, which accounted for 21% of all analyzed posts. Most of the data (63%) related to regional government institutions was published for free as part of hacktivist attacks. Next in line for most popular on the dark web are commerce (16% of all ads), the service sector (15%), and financial institutions (13%).

Amid geopolitical tensions, hacker groups have ramped up calls for DDoS attacks and breaches to disrupt government institutions in the region. In the first half of 2024, the number of reports on the results of DDoS attacks on the dark web surged by 70% compared to the same period in 2023. Beyond the public sector, hacktivists also targeted the financial and transportation sectors.

According to the research, 33% of all the analyzed ads were linked to data breaches. One-third of these messages were about selling information. In these ads, criminals primarily offered databases stolen from major commerce companies, with an average cost of $2,300.

Positive Technologies analyst Anastasiya Chursina commented, “When compared to our previous research over a similar period, the share of freely distributed data almost doubled (up to 59%). This allows criminals to broaden the profiles of potential victims for targeted attacks. If the victim refuses to pay the ransom, both ransomware groups, as well as hacktivists (whose goal is to draw public attention to a political stance rather than just receive financial gain), can distribute data for free.”

Accessing company information resources is the second most common type of dark web ads, making up 21% of all listings. According to the research, in 70% of all cases, access can be bought for less than $1,000. The vast amount of access-for-sale ads on the darknet and their low cost make it easier for cybercriminals to gain initial access and launch attacks on organizations in the region.

Positive Technologies recommends that companies build their defences based on result-driven cybersecurity, using modern tools such as application-level firewalls, including cloud versions, network traffic analysis systems, solutions for monitoring information security events and managing incidents, as well as metaproducts.

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Cyber Security

BotGuard OÜ to Offer Live Demos at GITEX GLOBAL 2024

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BotGuard OÜ will present its intuitive, user-friendly cybersecurity solution at GITEX GLOBAL 2024, focusing on effective bot protection. Live demonstrations in Hall 25 stand H25-21 will showcase the ease and efficiency of the technology in securing websites against malicious attacks. “Our participation in GITEX GLOBAL 2024 underscores our commitment to addressing the escalating malicious bot attacks faced by organizations worldwide,” said Bertil Brendeke, Chief Revenue Officer (CRO) of BotGuard OÜ. “At GITEX, we aim to engage with industry leaders and stakeholders, sharing our expertise and practical technologies that can help fortify their defences.”

In 2023, 17% of API attacks involved bad bots exploiting business logic vulnerabilities. For hosting companies, such vulnerabilities can lead to unauthorised access to sensitive customer data or control over hosting resources, further emphasizing the need for reliable security protocols and regular audits of their systems. “BotGuard OÜ’s solutions are designed to address these exact challenges, enabling businesses to safeguard their digital assets. The technology is incredibly easy to use, making it accessible for businesses of all sizes,” the company said.

By participating in GITEX GLOBAL 2024, BotGuard OÜ aims to expand its reach in the Middle East, providing local businesses with the tools they need to combat cyber threats effectively. During the event, live demonstrations in Hall 25 stand H25-21 will showcase how their website protection can be set up within a minute. These demonstrations will highlight the efficiency and effectiveness of BotGuard’s solutions.

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