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ALKESH SHARMA / Emirates Business
Considering the ever-mounting role of technology in almost all the domains of the corporate set-up, the reliance of the industry on intelligence services is bound to grow manifold in the coming years. According to Gartner’s 2015 Market Guide for Security Threat Intelligence Services, by 2018, 60 percent of enterprises will utilise commercial threat intelligence services to secure their security strategies.
Over the years, UAE has seen a steep rise in the number of companies offering security solutions to businesses in the region.
According to a recent report by a US-based consulting firm, UAE expenditure on outsourcing cyber security business is expected to increase upto 16 percent by January 2017. UAE enterprises are mainly prone to malware attacks that aim at stealing companies’ confidential details, sneaking into cloud storages and extorting ransom money.
US-based company Infoblox Inc., which has its corporate office in Dubai, is offering cutting-edge network control solutions to counter these maladies.
“Our solutions reduce the risk and complexity of networking. Our solutions automate network-control functions to reduce costs and maximise uptime, and they protect against the rising flood of malware and distributed-denial-of-service (DDoS) attacks,†said Cherif Sleiman, General Manager, Middle East at Infoblox.
“From discovery, configuration and compliance to DNS, DHCP, and IP address management, our technology automates and simplifies complex processes. And our purpose-built DNS security solutions defend against a wider range of threats than any other product available,†added Sleiman.
Infoblox is participating at the much-awaited Gulf Information Security Expo & Conference (GISEC) 2016 that would be held at Dubai World Trade Centre from March 29-31.
The company will be demonstrating it’s critical network services and solutions that protect Domain Name System (DNS) infrastructure, automate cloud deployments, and increase the reliability of enterprise and service provider networks around the world. Recently Infoblox has acquired IID, a leader in global cyber threat intelligence.
According to experts, prioritising threats, getting contextual information and operational viability are top challenges organisations face when trying to assimilate threat intelligence and respond to threats. Though more number of enterprises are going to take precautionary measures in the coming years still they struggle to absorb, contextualise, and respond to the information in an effective manner.
“Immense information or data is available and also accessible to all but the actual trick lies in how you use this data. We are expert in anticipating future cyber attacks, vulnerable points in company’s network and suggesting remedial options in a very coherent manner to our clients in UAE,†said Imran Khan, who is running a cuber security start-up in Dubai.
“We started our operations two years back and our hands are always full with orders. Many UAE companies, especially start-ups, cannot afford to ensure a foolproof network on their own. Therefore immense ecope lies in this sector,†pointed out Khan.