Latest news with #Wallarm
Techday NZ
16-07-2025
- Business
- Techday NZ
AI Appreciation Day spotlights progress, pitfalls & path ahead
AI Appreciation Day offers an important opportunity to reflect on both the achievements and the challenges presented by artificial intelligence, with experts from across technology, legal, and cybersecurity sectors weighing in on AI's expanding impact and the responsible paths forward. Rob Newell, Group Vice President Solutions Consulting, Asia Pacific and Japan at New Relic, notes that artificial intelligence is increasingly woven into the operational fabric of organisations throughout the Asia Pacific region. "The value that organisations receive by augmenting human capabilities with AI are clear: there's significant cost and productivity efficiencies that help businesses unlock new frontiers of innovation," Newell observes. However, he warns that successful integration of AI demands a fundamental rethinking of technology architecture, as the costs associated with developing and operating AI tools remain considerable and unpredictable. "Organisations that win in our inevitable AI-enabled future won't necessarily be the ones with the best ideas; instead, the winners will be those that have figured out how to effectively balance cost, value, and performance," he adds. Newell emphasises the importance of observability - the process of monitoring and understanding systems - as crucial in this new AI-driven era. Traditionally, observability has enabled organisations to detect anomalies and optimise performance, but the rise of AI is forcing an evolution: "The next phase of observability will be preventive, self-healing, and autonomous," providing real-time insights not only for troubleshooting but also for cost management and risk mitigation. In the cybersecurity sector, Ivan Novikov, CEO of Wallarm, underscores the foundational role of APIs in powering AI innovation. "APIs are the backbone of AI, enabling seamless integration, data sharing, and collaboration across platforms. However, with this power comes responsibility," he states. Cyber risks grow in tandem with AI's complexity, making robust security frameworks essential to foster trust and ensure the ethical use of AI. Novikov urges the industry to uphold these commitments as AI's footprint grows. Stuart McClure, CEO of Qwiet AI, highlights the broad societal benefits of AI, from powering everyday consumer experiences to accelerating medical discoveries and environmental solutions. "AI is quietly powering many of the tools and services we use every day... flying drones, optimising traffic in our cities, accelerating science, and even helping doctors diagnose diseases more accurately," he says. Still, McClure cautions against overlooking ethical questions around transparency, privacy, and bias, insisting that careful governance is necessary to ensure AI remains a force for good. On the more cautious side, Naomi Buckwalter, AI Security Strategist at Contrast Security, raises concerns over the growing reliance on AI-generated code. She warns that delegating more engineering tasks to AI increases the risk of unchecked vulnerabilities. "You can never have all three: Good, Fast, Cheap. The old axiom still holds true, even in the age of AI," Buckwalter remarks, urging the software sector to remain vigilant over quality and security. Andre Piazza from BforeAI draws attention to the less visible but vital contributions of predictive AI, notably in cybersecurity. Predictive AI, he explains, can forecast cyberattacks before they occur and identify online threats like phishing sites targeting consumers: "Unlike its generative counterpart, predictive AI anticipates what will come next... enabling defenders to automate their responses to threats." Piazza highlights that these systems leverage public data while protecting privacy and generating valuable security insights. The legal industry has also undergone a profound transformation, according to Greg Ingino, Chief Technology Officer at Litrea. He explains that generative AI has "accelerated the ability to enhance productivity in legal services," supporting the move towards alternative fee arrangements and deeper client value through automated retrieval and reasoning. Ingino underscores that while AI's impact on sector efficiency is undeniable, legal technology must comply with strict security and transparency standards to protect data and ensure human oversight. From a technical operations viewpoint, Jimmy Mesta, Co-Founder and CTO of RAD Security, asserts that AI has become essential for cybersecurity teams tasked with handling vast volumes of alerts and data. "AI is now actually the only way teams can keep up. Instead of clumsy rules, AI can spot patterns and connect events... and take action fast enough to matter," he explains. Josh Mason, CTO of RecordPoint, views the enterprise-wide adoption of AI as a pivotal business transformation - but one that hinges on robust data governance. He notes that without a focus on understanding sensitive data and ethical management, businesses risk stalling at basic implementation: "Signing up for a company Copilot or Chat GPT license isn't enough - it doesn't manage your risk. You have to make sure you are governing your data and using the technology responsibly and ethically." Mason believes organisations prioritising data governance and responsible AI integration will be best placed to succeed. The consensus across sectors is that AI is now deeply integrated into modern business and society, reshaping industries from legal services to security operations. As AI Appreciation Day highlights the remarkable advances thus far, it also acts as a reminder that the ultimate goal must remain balancing benefits while maintaining rigorous standards for cost efficiency, security, ethical use, and governance. The coming years will test organisations' abilities to tread this fine line, ensuring that AI continues to drive value without unforeseen risks.
Mid East Info
17-06-2025
- Business
- Mid East Info
Positive Technologies identifies key cyberthreats for financial companies in 2025–2026 - Middle East Business News and Information
Positive Technologies has outlined the major cyberthreats that the financial sector may face in the coming years. These include ransomware attacks, malicious use of QR codes, exploitation of API vulnerabilities, DDoS campaigns, and attacks targeting suppliers and partners. These conclusions are based on the company's analysis of security incidents and publicly available data concerning threats to banks and other financial institutions. The financial sector remains one of the top five most targeted industries by cybercriminals, according to Positive Technologies data for the period from 2024 to Q1 2025. In 67% of successful cyberattacks, attackers stole data and used it to blackmail victims by threatening to delete or expose the information. Another 26% of incidents caused operational disruptions, while 5% resulted in financial theft. Social engineering was used in 57% of successful cyberattacks on financial organizations in 2024. Positive Technologies analysts predict that such incidents will continue to rise as cybercriminals leverage the generative capabilities of artificial intelligence (AI) to craft convincing phishing emails. On the defensive side, security teams are also expected to use AI to detect AI-generated malicious content. The growing use of application programming interfaces (APIs) poses significant risks. Without adequate security measures, APIs could become an entry point for cybercriminals. This risk is exacerbated by the proliferation of shadow APIs, which often lack proper protection, and the widespread adoption of AI in the financial sector. According to a report by Wallarm, the number of vulnerable AI-enabled APIs increased tenfold in 2024. Another key cyberthreat in 2025–2026 will be the growing number of attacks on contractors and suppliers. Cybercriminals are likely to target less secure partners to gain access to larger financial organizations. Small and medium-sized businesses may also be affected, especially if attackers fail to reach their main targets. Roman Reznikov, Cybersecurity Research Analyst at Positive Technologies, says: 'Cybercriminals continue to exploit legitimate and widely used tools in fraudulent schemes. For example, attacks involving QR codes have become more frequent. Hackers replace legitimate QR codes with malicious ones in public spaces and bypass email security by taking advantage of the difficulty in detecting QR codes within messages. In the future, we may see malware capable of altering QR codes directly on device screens during payment. That's why it's important to be careful with QR codes and avoid scanning ones from unknown or suspicious sources. At the same time, defensive measures are evolving too. For instance, a company can protect itself from emails containing malicious QR codes by using PT Sandbox, which identifies QR codes in email images and attachments, extracts the embedded links, and checks them for malicious activity.' The access-as-a-service market presents another serious challenge. Positive Technologies reports that nearly 9% of dark web listings for access sales are related to the financial sector. This market is expected to grow as new technologies lower the barriers to entry into cybercrime. Inexperienced attackers may sell discovered access points to more skilled cybercriminals. Ransomware attacks are also projected to increase. Cybercriminals have begun demanding ransoms lower than the potential fines for data breaches. Analysts anticipate this tactic will become more common in countries with turnover-based fines such as Russia, Brazil, and China. DDoS campaigns will continue to pose a significant threat to the financial sector in 2025. Hackers are expected to create massive botnets of compromised IoT devices and use AI to launch adaptive attacks that respond to victims' countermeasures. To protect against these evolving threats, financial organizations must adopt a comprehensive cybersecurity strategy built on advanced tools, including: next-generation firewalls (NGFWs) like PT NGFW to prevent cyberattacks and enforce security policies; web application firewalls (WAFs) such as PT Application Firewall for detecting and blocking attacks, including threats from the OWASP Top 10 list; SIEM systems, including tools like MaxPatrol SIEM, to identify malicious activity across infrastructure and endpoints, integrated with EDR solutions like MaxPatrol EDR. In addition, sandboxes (such as PT Sandbox) and NTA or NDR systems (like PT NAD) should be used to protect against malware and detect hacker movement within the network.
Channel Post MEA
08-05-2025
- Business
- Channel Post MEA
CyberKnight & Wallarm Form Value-Added Distribution Partnership At GISEC 2025
CyberKnight and Wallarm have formed a strategic value-added distribution partnership to enable enterprises and government entities across META to strengthen risk management, streamline compliance, and protect critical infrastructure. Announced at GISEC 2025 in Dubai at the CyberKnight stand, this collaboration enables Wallarm to leverage CyberKnight's regional reach, deep-rooted customer and partner base as well as Zero Trust Security expertise. With Wallarm, customers receive the fastest, easiest, and most effective way to stop API attacks. Wallarm's technology empowers organizations to map and safeguard their entire API landscape, including those driving AI-powered services, through automated risk analysis and patented threat detection. Wallarm is the only API security platform that blocks 0-day attacks in real-time. In addition, Wallarm offers the easiest API security platform to deploy across hybrid environments. According to MarketsandMarkets, the global API security market is projected to surge from $744 million in 2023 to $3.03 billion by 2028, growing at a remarkable CAGR of 32.5%. This rapid expansion is driven by escalating API breaches and the relentless growth of application ecosystems. As organizations increasingly adopt AI-powered agents; market research also forecasts robust double-digit growth for AI security, calling attention to the urgency for advanced protection in this evolving ecosystem. 'APIs are now the backbone of digital innovation, but they also represent a rapidly expanding attack surface that adversaries are quick to exploit' said Ivan Novikov, CEO and Co-Founder, at Wallarm. 'At Wallarm, we see AI as a transformative ally, enabling us to detect and block threats in real time, even as attackers evolve their tactics. Our partnership with CyberKnight is about empowering organizations to stay ahead of these threats, securing everything from legacy systems to the latest AI-powered agents.' 'APIs are not just part of the attack surface — they are the attack surface. From legacy system exposures to AI-native risks, attackers are increasingly targeting APIs as both the entry point and objective. The partnership with Wallarm is a pivotal step in our mission to deliver cutting-edge API powered by AI and support our customers. Together, we are equipping organizations across the region with the tools and expertise needed to secure their expanding digital ecosystems and stay ahead of emerging threats.', added Wael Jaber, Chief Strategy Officer, at CyberKnight. 0 0
TECHx
07-05-2025
- Business
- TECHx
CyberKnight, Wallarm Partner to Strengthen API Security
Home » Tech Value Chain » Distributors » CyberKnight, Wallarm Partner to Strengthen API Security in META According to MarketsandMarkets, the global API security market is projected to grow from $744 million in 2023 to $3.03 billion by 2028. This reflects a strong CAGR of 32.5%. The surge is due to rising API breaches and the growing complexity of application ecosystems. Organizations are also rapidly adopting AI-powered agents. As a result, demand for advanced AI security is rising. The need for modern, automated protection tools is more urgent than ever. To meet this need, CyberKnight and Wallarm have announced a strategic value-added distribution partnership. The announcement was made at GISEC 2025 in Dubai at the CyberKnight stand. The partnership targets enterprises and government entities across META. Wallarm will now benefit from CyberKnight's regional reach and Zero Trust Security expertise. CyberKnight brings strong customer relationships and a deep partner ecosystem. This move aims to help customers improve risk management and compliance, and protect digital infrastructure. Wallarm delivers a fast and effective way to stop API attacks. It enables organizations to map and secure their full API landscape. This includes APIs driving AI services. Wallarm uses automated risk analysis and patented threat detection. It is also the only API security platform that blocks 0-day attacks in real time. Moreover, it is easy to deploy across hybrid environments. This simplifies adoption for enterprises with complex setups. Key benefits of Wallarm's API security platform include: Real-time protection against known and unknown threats Automated analysis of API traffic and risk Fast deployment in hybrid and cloud-native environments Ivan Novikov, CEO and Co-Founder at Wallarm, said APIs are now central to digital innovation. However, they also expand the attack surface. He noted that attackers evolve quickly, but AI helps Wallarm detect and block threats in real time. He added that the partnership with CyberKnight helps protect legacy and AI-powered systems alike. Wael Jaber, Chief Strategy Officer at CyberKnight, stated that APIs are now the main attack surface. He highlighted growing threats from both legacy vulnerabilities and AI-native risks. The partnership with Wallarm supports CyberKnight's goal of delivering AI-powered API security and helping organizations secure their digital ecosystems. The API security market is expanding rapidly. With this partnership, CyberKnight and Wallarm are aiming to provide the region with the tools needed to stay ahead of evolving threats.
Zawya
07-05-2025
- Business
- Zawya
CyberKnight onboards Wallarm the only unified platform for API and agentic AI security at GISEC 2025
Dubai, UAE - According to MarketsandMarkets, the global API security market is projected to surge from $744 million in 2023 to $3.03 billion by 2028, growing at a remarkable CAGR of 32.5%. This rapid expansion is driven by escalating API breaches and the relentless growth of application ecosystems. As organizations increasingly adopt AI-powered agents; market research also forecasts robust double-digit growth for AI security, calling attention to the urgency for advanced protection in this evolving ecosystem. To enable enterprises and government entities across META to strengthen risk management, streamline compliance, and protect critical infrastructure, CyberKnight and Wallarm came together to form a strategic value-added distribution partnership, announced at GISEC 2025 in Dubai at the CyberKnight stand. This collaboration enables Wallarm to leverage CyberKnight's regional reach, deep-rooted customer and partner base as well as Zero Trust Security expertise. With Wallarm, customers receive the fastest, easiest, and most effective way to stop API attacks. Wallarm's technology empowers organizations to map and safeguard their entire API landscape, including those driving AI-powered services, through automated risk analysis and patented threat detection. Wallarm is the only API security platform that blocks 0-day attacks in real-time. In addition, Wallarm offers the easiest API security platform to deploy across hybrid environments. 'APIs are now the backbone of digital innovation, but they also represent a rapidly expanding attack surface that adversaries are quick to exploit' said Ivan Novikov , CEO and Co-Founder , at Wallarm. 'At Wallarm, we see AI as a transformative ally, enabling us to detect and block threats in real time, even as attackers evolve their tactics. Our partnership with CyberKnight is about empowering organizations to stay ahead of these threats, securing everything from legacy systems to the latest AI-powered agents.' 'APIs are not just part of the attack surface — they are the attack surface. From legacy system exposures to AI-native risks, attackers are increasingly targeting APIs as both the entry point and objective. The partnership with Wallarm is a pivotal step in our mission to deliver cutting-edge API powered by AI and support our customers. Together, we are equipping organizations across the region with the tools and expertise needed to secure their expanding digital ecosystems and stay ahead of emerging threats.', added Wael Jaber, Chief Strategy Officer, at CyberKnight. About CyberKnight: CyberKnight Technologies is a cybersecurity focused value-added-distributor (VAD), headquartered in Dubai, covering the Middle East with on-the-ground presence in all key Middle East markets. Our ZTX (Zero Trust Security) methodology, based on the Forrester framework, incorporates emerging and market-leading cybersecurity solutions that protect the entire attack surface, by leveraging AI, to help security teams at enterprise and government customers fortify breach detection, accelerate incident response & remediation, while addressing regulatory compliance. CyberKnight's Art of Cybersecurity Distribution methodology enables strategic partners to achieve greater market penetration, return-on-investment, and time-to-value. About Wallarm: Wallarm is the only unified platform for API and agentic AI security successfully deployed in enterprise production environments. With Wallarm, customers receive the fastest, easiest, and most effective way to stop API attacks. Period. Organizations choose Wallarm to protect their APIs and AI agents because the platform delivers a complete inventory of APIs, real-time blocking, and patented AI/ML-based abuse detection. Wallarm is headquartered in San Francisco, California, and is backed by Toba Capital, Y Сombinator, Partech, and other investors.
