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OPSWAT Acquires InQuest

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OPSWAT has announced its acquisition of InQuest, a cybersecurity solutions provider known for its Deep File Inspection and RetroHunting technologies. InQuest is highly regarded for protecting the United States Department of Defense (DoD) customers with its network appliances that peer up to and beyond Layer 7, and combined with their threat intelligence solutions, have a proven track record of protecting the nation’s most critical networks.

OPSWAT’s relationship with InQuest has significantly grown since their technology partnership was established in 2013 when OPSWAT’s MetaDefender module was integrated with InQuest’s Network Detection and Respond solution for a joint customer at the United States Pentagon.

With this acquisition, OPSWAT will accelerate its go-to-market strategy for the government market and enhance protection against network-based threats. By merging InQuest’s threat intelligence capabilities with OPSWAT MetaDefender Cloud and FileScan.io into a single repository, OPSWAT will significantly boost its intelligence capabilities. InQuest customers will also benefit from enhanced Network Detection and Response (NDR) with built-in integration with MetaDefender.

“The combination of InQuest’s technology with OPSWAT’s MetaDefender platform will enhance the efficacy of threat intelligence and prevention, further enabling public sector organizations and other critical sectors to operate securely and efficiently,” said Benny Czarny, Founder and CEO of OPSWAT. “I have personally worked with Michael Arcamone for more than 10 years and I am excited to take our partnership to the next level. Together, we will accelerate our commitment to providing critical organizations with comprehensive, prevention-based protection against evolving threats.”

“We are thrilled to join the OPSWAT team,” said Michael Arcamone, former CEO of InQuest and now Chief Strategy Officer and VP of Federal Sales at OPSWAT. “This acquisition allows us to leverage OPSWAT’s extensive resources and expertise to further develop our technologies and provide even greater value to our customers.”

Pedram Amini, former CTO of InQuest, will join OPSWAT’s leadership team as Chief Scientist. In this role, he will spearhead advancements in threat intelligence, machine learning, and email security solutions, driving innovation and enhancing the company’s capabilities in these critical areas. Amini launched InQuest Labs during his briefing at Blackhat USA 2019, and the community has since grown to thousands of users working in collaboration to discover and disrupt malware operations. Amini will help drive the integration of the InQuest Labs, MetaDefender.com and FileScan.io communities to further empower independent researchers around the globe in our collective battle against malicious campaigns.

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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