Connect with us

Cyber Security

Check Point Software to Emphasise its Prevention-First Approach to Cyber Security

Published

on

Ram Narayanan, the Country Manager at Check Point Software Technologies for the Middle East, says the company will introduce Check Point Infinity XDR/XPR in the UAE

Tell us about your participation at GITEX 2024. Which products and solutions will you be showcasing at the event?
At GITEX 2024, Check Point Software will emphasise its prevention-first approach to cyber security, designed to effectively counter sophisticated cyber threats. A key highlight will be the demonstration of the Infinity AI Copilot, which leverages Gen AI to streamline security operations and enhance threat detection.

We are excited to introduce Check Point Infinity XDR/XPR in the UAE, providing customers with 360-degree visibility and seamless integration with third-party solutions. Additionally, our booth will showcase an enhanced Security Operations Center (SOC) offering, developed after our acquisition of Cyberint, which comprehensively addresses both external and internal threats, further reinforcing our commitment to protecting digital infrastructures.

How has the regional tech landscape evolved in the past couple of years?
The regional tech landscape has transformed significantly in the past few years, driven by rapid digital transformation initiatives and the increased adoption of cloud technologies and IoT solutions. However, these advancements have also led to a surge in cyber threats, as the region experiences an 18 per cent year-over-year increase in cyberattacks, according to Check Point Research’s cyber-attack trends report for Q2 2024.

Organizations are increasingly focused on strengthening their security posture, adopting AI-powered solutions that can pre-emptively detect and mitigate sophisticated, multi-vector attacks. The emphasis on smart cities and digital infrastructure has made cybersecurity a top priority for businesses and governments alike.

What are your expectations from the event this year?
This year at GITEX, Check Point is excited to be joined by several key partners for the first time, showcasing our unified efforts to enhance cyber security in the region. These partnerships emphasize our commitment to fostering strong collaborations within the GCC and delivering tailored cybersecurity solutions that address the specific needs of local businesses. Through engaging demonstrations and informative sessions, we aim to highlight our strategic initiatives and reaffirm Check Point’s dedication to empowering organizations against evolving threats while enhancing their digital resilience.

What will be your theme of participation at GITEX 2024?
At GITEX 2024, Check Point Software will focus on integrating advanced cybersecurity solutions tailored to the diverse needs of organizations across various sectors. Collaborating with regional partners at our booth reinforces our commitment to building strong partnerships in the GCC.

This collaboration will showcase how our AI-powered, cloud-delivered security solutions effectively prevent threats and provide comprehensive security management. Our approach highlights the importance of localized expertise in addressing the evolving cybersecurity challenges faced by businesses of all sizes in the region.

Do you plan to run any online engagements such as webinars and offline engagements such as tech talks, demos, keynotes, and so on, alongside GITEX 2024?
At GITEX 2024, we plan to unveil the Check Point Infinity XDR/XPR solution in the UAE, highlighting its advanced capabilities. Additionally, we plan to host live demonstrations, interactive launch sessions, and technical briefings at our booth, providing attendees with firsthand insights into our latest offerings and effective strategies for combating the evolving landscape of cyber threats.

How have your regional strategies changed in recent months?
In recent months, Check Point has intensified its focus on enhancing its presence in the GCC market by expanding its cyber security offerings and fostering strategic partnerships. The company has been actively collaborating with regional partners to deliver tailored solutions that effectively address the specific security challenges faced by businesses in the region.

By prioritising an AI-powered, prevention-first approach, Check Point is committed to adapting to the growing threat landscape while ensuring that its solutions seamlessly integrate with existing security systems. This approach reinforces the company’s dedication to enhancing digital resilience and delivering comprehensive threat protection across various sectors in the GCC.

How do your regional strategies align with regional development initiatives run by various governments?
At Check Point, our regional strategies are aligned with various governmental development initiatives aimed at enhancing digital security and resilience across multiple sectors. We recognize that as organizations embark on their digital transformation journeys, robust cybersecurity solutions are essential for navigating the ever-evolving technological landscape securely.

By integrating AI and cloud technologies into our offerings, we support broader efforts to establish secure and innovative digital ecosystems. For instance, initiatives like UAE Vision 2030 underscore the importance of strong cyber security in driving sustainable growth and fostering innovation. We are dedicated to contributing to these regional objectives.

An example of this commitment is the UAE Infinity Portal, which we launched last year. This unified security management platform is specifically tailored for businesses operating in the UAE, providing organizations of all sizes with advanced tools for threat prevention and security management, all while fully complying with local data privacy regulations. Through these efforts, we aim to not only enhance our customers’ security posture but also support the region’s overall growth and innovation goals.

Cyber Security

Positive Technologies Discovery Leads D-Link to Recommend Router Replacements

Published

on

Vladimir Razov, an expert from the PT SWARM team, has discovered a vulnerability in several models of D-Link routers. According to Mordor Intelligence, D-Link is one of the top three Wi-Fi router manufacturers in the world. The vendor has been notified of the threat in line with the responsible disclosure policy and recommends that users switch to more recent devices.

The vulnerability, which is registered as BDU:2024-06211 with a CVSS 3.0 score of 8.4, affects the following D-Link models: DIR-878, DIR-882, DIR-2640-US, DIR-1960-US, DIR-2660-US, DIR-3040-US, DIR-3060-US, DIR-867-US, DIR-882-US, DIR-882/RE, DIR-882-CA, and DIR-882-US/RE. At the time of the research, vulnerable routers could be discovered using search engines in the United States, Canada, Sweden, China, Indonesia, and Taiwan.

According to the manufacturer, these models are no longer supported. D-Link recommends retiring the outdated devices and replacing them with supported devices that receive firmware updates. “If this vulnerability is successfully exploited, a malicious user authorized in the router’s web interface can compromise the entire device and gain access to all traffic passing through it,” says Vladimir Razov, Web Application Security Analyst at PT SWARM, the offensive security department at Positive Technologies.

As a temporary measure to mitigate the threat, Vladimir Razov recommends using OpenWrt (an open-source embedded operating system based on the Linux kernel and designed specifically for routers) or changing the login credentials for accessing the router’s web interface. Previously, Positive Technologies helped address vulnerabilities in Zyxel routers and other Zyxel devices. Positive Technologies also enhanced its PT Industrial Security Incident Manager (PT ISIM) with an additional expertise pack, enabling cybersecurity teams to detect attempts to exploit vulnerabilities in MikroTik routers and Cisco switches.

Continue Reading

Cyber Security

Sophos Study: MDR Users Claim 97.5% Less in Cyber Insurance

Published

on

Leading cybersecurity provider Sophos has released findings from a new study quantifying the financial impact of various cybersecurity controls on cyber insurance claims. The research compares the effect of endpoint solutions, EDR/XDR technologies, and MDR services on claim amounts, offering valuable insights for both insurers and organizations.

Sally Adam, Senior Director, Solution Marketing at Sophos, said, “Every year, organisations spend huge amounts of money on their cybersecurity. By quantifying the impact of controls on the outcome of cyberattacks, this study enables them to focus their investments on the most cost-effective options. At the same time, insurers have a major influence on cybersecurity spending through the controls they require of organisations wishing to be covered and the discounts they offer when a given scheme is in place. This study enables them to encourage investments that can make a real difference to incident outcomes and the resulting claim amounts.”

The Sophos study reveals a dramatic difference in cyber insurance claims: organizations using MDR services claim a median compensation of just $75,000, a staggering 97.5% less than the $3 million median claimed by organizations relying solely on endpoint solutions. This means that endpoint-only users typically claim 40 times more in the event of an attack. The study attributes this significant reduction to the rapid threat detection and blocking capabilities of MDR services, which can effectively prevent extensive damage.

The study also highlights a clear benefit to combining EDR or XDR with endpoint solutions, as the average insurance claim for users of these tools is just $500,000, which is one-sixth of the $3 million average claim for those using only endpoint solutions.

The Sophos study indicates that the predictability of cyber insurance claims varies significantly depending on the security controls in place. Claims from organizations utilizing MDR services show the highest predictability, suggesting consistent and reliable threat mitigation. This is likely due to the 24/7 expert monitoring, investigation, and response that allows for swift action against threats at any time. Conversely, claims from users of EDR/XDR tools are the least predictable, implying that their effectiveness in preventing major damage heavily depends on the user’s expertise and speed of response.

The Sophos study also reveals significant differences in recovery times from ransomware attacks. Endpoint solution users average a 40-day recovery, while EDR/XDR users take the longest at 55 days. In stark contrast, organizations using MDR services recover the fastest, with an average downtime of just three days. These findings underscore MDR’s effectiveness in minimizing the impact of cyberattacks and highlight the less predictable recovery experiences associated with EDR/XDR tools, whose success is dependent on user expertise.

Adam concludes, “The research confirms what many people instinctively know: the type of security solution used has a significant impact on cyber insurance claims. Cyberattacks are inevitable, but defences are not. These results are a useful tool for organisations wishing to optimise their cyber defence and their return on investment in cybersecurity. They will also be useful for insurers looking to reduce their exposure and offer suitable policies to their customers.”

Continue Reading

Cyber Security

Fortinet Strengthens OT Security for Critical Infrastructure

Published

on

Fortinet has enhanced its OT Security Platform to better protect critical infrastructure from modern cyberthreats. The upgraded platform offers more than basic OT visibility with the new FortiGuard OT Security Service, expanded hardened solutions for network segmentation and 5G in demanding environments, and an improved OT SecOps portfolio for automated threat response and compliance management.

“Fortinet has been building an industry-leading OT Security Platform for 20-plus years and remains at the forefront of OT security innovation,” said Nirav Shah, Senior Vice President, Products and Solutions at Fortinet. “As cyberthreats against critical infrastructure and across industries such as energy, transportation, and manufacturing continue to grow, Fortinet remains committed to delivering comprehensive security solutions tailored for operational technology environments. These latest enhancements give organizations the tools they need to improve their OT security posture and adhere to regulatory requirements—all managed through a single, unified platform.”

The latest Fortinet OT Security Platform enhances OT security with:

  1. Advanced Threat Protection: New FortiGate Rugged NGFWs combined with the enhanced FortiGuard OT Security Service offer superior security enforcement, detecting threats using over 3,300 OT protocol rules, nearly 750 OT IPS rules, and 1,500 virtual patching rules. This protects against known exploited vulnerabilities and provides virtual patching for older OT systems. Secure remote access is also improved with updates to FortiSRA, including enhanced secrets and password management.
  2. Secure Segmentation: The new FortiSwitch Rugged 108F and FortiSwitch Rugged 112F-POE industrial-grade switches enable precise security control at the port level, preventing unauthorized lateral movement within OT networks. Built on Fortinet’s unified FortiOS, these switches simplify network and security management.
  3. Resilient Connectivity: Two new ruggedized 5G solutions are introduced: the IP67-rated FortiExtender Rugged 511G for secure, high-speed connectivity to remote OT sites, and the IP64-rated FortiExtender Vehicle 511G for fleet vehicles. Both feature embedded Wi-Fi 6 and new eSIM capabilities for easier carrier selection.
  4. Enhanced OT SecOps: Fortinet’s AI-driven security operations capabilities are strengthened with updates to FortiAnalyzer 7.6 and FortiDeceptor 6.1, offering deeper threat insights and simplified compliance reporting for OT security teams. FortiNDR Cloud now includes OT protocol support for threat hunting, while FortiNDR (on-premises) adds features like a Purdue Model view and a device inventory covering OT and the Mitre ATT&CK ICS Matrix.

The Fortinet OT Security Platform delivers a unified view and comprehensive security tools to simplify the management of OT and remote site security. It empowers organizations to easily assess, secure, and report on risks, including meeting complex regulatory compliance. Fortinet uniquely offers seamless segmentation and a complete ruggedized portfolio of OT security solutions all managed by a single operating system, FortiOS. Its deep integration within the Fortinet Security Fabric makes it a leading platform in the industry, providing an effective, efficient, and holistic approach to OT security and compliance that surpasses standard offerings.

Continue Reading
Advertisement

Follow Us

Trending

Copyright © 2021 Security Review Magazine. Rysha Media LLC. All Rights Reserved.