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Sangfor is honored for delivering integrated, client-centric managed detection and response solutions that redefine cybersecurity service excellence across Asia-Pacific. SAN ANTONIO, July 22, 2025 /PRNewswire/ -- Frost & Sullivan is pleased to announce that Sangfor Technologies has received the 2025 Asia-Pacific Competitive Strategy Leadership Recognition in the cybersecurity services industry for its outstanding achievements in strategy development and execution. This recognition highlights Sangfor's ability to scale comprehensive, customer-first security services while maintaining a strong innovation pipeline tailored to the dynamic cybersecurity demands of APAC. Sangfor Technologies demonstrates its capability to align strategic priorities with regional threat landscapes and execute its managed detection and response (MDR) service with measurable impact. "At the core of Sangfor's value proposition is its ability to consolidate cybersecurity service delivery into a cohesive, self-sustaining ecosystem. The company consistently delivers a well-calibrated balance between operational efficiency and service performance for its clients," said Vivien Pua, senior industry analyst for security at Frost & Sullivan. Guided by a vision to simplify and improve digital transformation security, Sangfor Technologies has demonstrated strong strategic agility in the managed security services space. The company's MDR platform, Athena MDR, integrates network and endpoint telemetry with proprietary extended detection and response (XDR) and GenAI-powered engines. This ensures clients benefit from unmatched visibility and fast response across hybrid IT environments, addressing one of APAC's most critical cybersecurity challenges: real-time situational awareness amid a growing talent shortage. Innovation is foundational to Sangfor's service architecture. By leveraging a proprietary technology stack and a consultative service delivery model, Sangfor ensures high-quality, scalable cybersecurity operations for organizations of all sizes. "We're honored to receive the Frost & Sullivan Strategy Leadership Recognition in Cybersecurity Services for Sangfor Athena MDR," said Darren Du, Vice President of Sangfor International Market. "Athena MDR, together with Athena XDR, forms the backbone of our Security Operations Series. In today's complex threat landscape—where cyberattacks are increasingly sophisticated and the skills gap continues to widen—we believe it's essential to combine advanced technology with expert human insight. This synergy empowers us to help customers bridge critical gaps across people, processes, and technology, delivering stronger, more resilient protection." The company's differentiated approach is evident in its high-touch client engagement model. Each MDR client is supported by a dedicated Customer Success Manager and multilingual, 24/7 security operations centers. With a proof-of-value process embedded into the sales cycle, clients gain early insight into Sangfor's capabilities, enhancing trust and transparency. Sangfor also stands out with its dynamic communication practices, including mobile-first messaging during incident response, driving faster collaboration and resolution. Sangfor's regional presence, bolstered by local points of presence in Malaysia and Indonesia and over 70 global offices, reinforces its commitment to compliance-ready service delivery tailored to local data residency requirements. This regional focus, coupled with scalable MDR deployment models based on monitored compute assets, empowers organizations across sectors—from small businesses to large enterprises—to access enterprise-grade protection. Frost & Sullivan commends Sangfor Technologies for setting new standards in strategic execution, service innovation, and regional market responsiveness. The company's 19.5% year-over-year growth in managed security services revenue, paired with a 91% renewal rate in 2024, underscores the market's confidence in Sangfor's ability to deliver value, resilience, and operational readiness. Each year, Frost & Sullivan presents the Competitive Strategy Leadership Recognition to a company that has effectively leveraged competitive intelligence to execute a strategy resulting in stronger market share, enhanced brand positioning, and high levels of customer satisfaction. The recognition honors organizations that demonstrate a clear understanding of market dynamics and translate that insight into impactful, forward-looking strategies. Frost & Sullivan Best Practices recognitions celebrate companies in regional and global markets for demonstrating superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts evaluate market participants through extensive primary and secondary research to identify those setting benchmarks for best practices. About Frost & SullivanFor six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion. Contact:Tarini SinghE: Tarini.singh@frost.com About Sangfor TechnologiesSangfor Technologies is a global leader in cybersecurity, cloud computing, and IT infrastructure, providing fully integrated and AI-driven solutions. Founded in 2000 and publicly listed since 2018 (STOCK CODE: 300454.SZ), Sangfor serves over 100,000 customers worldwide, including Fortune Global 500 companies, government institutions, universities, and healthcare organizations. With over 8,000 employees and more than 70 branch offices across APAC, EMEA, and LATAM, the company is committed to delivering on its mission to Make Your Digital Transformation Simpler and Secure.
JOHANNESBURG, SOUTH AFRICA - Media OutReach Newswire - 1 April 2025 - The BFSI Security Summit 2025 is set to take place on May 7, 2025, at the Radisson Blu Gautrain, Sandton, Johannesburg, bringing together leading cybersecurity experts, IT decision-makers, and industry pioneers to tackle the growing cyber risks facing Africa's banking, financial services, and insurance (BFSI) sector. Cybersecurity remains a top concern for financial institutions in Africa. In 2024, the Bank of Uganda fell victim to an offshore hacking group known as "Waste," resulting in the theft of approximately $16.8 million. Additionally, ZB Financial Holdings in Zimbabwe experienced a ransomware attack in July 2024, leading to significant data leaks affecting customer and operational information. More recently, in South Africa, Standard Bank confirmed that it experienced a data breach that involved limited personal and financial information. These incidents underscore the urgent need for robust cybersecurity strategies within the BFSI sector. Reasons for attendance The BFSI Security Summit is the premier platform for CISOs, CIOs, IT directors, and cybersecurity leaders to explore the latest strategies and technologies to secure Africa's financial landscape. Key topics on the agenda include: Ransomware and Data Breaches: Strengthening cybersecurity resilience in banking and insurance. Securing Emerging Tech: Mitigating risks in AI, blockchain, and cloud adoption. Data Privacy and Compliance: Navigating Africa's evolving regulatory landscape. Incident Response in BFSI: Best practices in breach management and risk mitigation. "Cybercrime is evolving at an alarming rate, and financial institutions in Africa are prime targets. The BFSI Security Summit will provide a crucial platform for industry leaders to collaborate, share insights, and implement strategies to safeguard their organizations," says Abe Wakama, CEO of IT News Africa. Sponsorship & Exhibitors The summit offers a unique opportunity for cybersecurity solution providers, fintech innovators, and IT security firms to showcase their expertise and connect with key decision-makers. Sponsors will benefit from high-impact brand visibility, lead generation, and networking with top BFSI executives. How to Get Involved To attend: Register here: BFSI Security Summit Registration To sponsor or exhibit: Download the sponsorship brochure: Sponsorship Opportunities To speak at the event: Apply here: Become a Speaker For media inquiries, sponsorship, or speaking opportunities, contact events@itnewsafrica.com. Join us in shaping the future of BFSI cybersecurity in Africa! Hashtag: #ITNewsAfricaThe issuer is solely responsible for the content of this announcement.
Advanced Security Solutions and Regulatory Compliance Key to Strengthening Resilience LONDON, April 1, 2025 /PRNewswire/ -- The digital transformation of healthcare is improving patient care and operational efficiency but has also exposed the sector to heightened cybersecurity threats. Ransomware attacks, data breaches, and unauthorised access to sensitive information have surged, making healthcare a prime target for cybercriminals. Frost & Sullivan's latest growth opportunity analysis highlights the urgent need for healthcare organisations to strengthen cybersecurity frameworks and invest in advanced security solutions to protect patient data and ensure operational resilience. Healthcare Security Market Poised for Significant Growth As healthcare organisations prioritise security, the global healthcare cybersecurity market is set to grow from $84.53 billion in 2023 to $174.79 billion by 2030. This growth is driven by the increasing integration of cybersecurity capabilities and the enforcement of stringent data protection laws across regions. North America and Europe to Drive Security Investments The North American healthcare sector is expected to remain the largest regional market for healthcare security, with spending anticipated to achieve a CAGR of 11.4% by 2030. The United States continues to lead the development of security standards and regulatory frameworks, ensuring that healthcare providers remain resilient against emerging cyber threats. Meanwhile, Europe is also witnessing significant growth in healthcare cybersecurity investments, driven by the implementation of the General Data Protection Regulation (GDPR) and increasing awareness of the need for advanced security measures. European healthcare institutions are focusing on threat intelligence and proactive security strategies to safeguard critical infrastructure, with cybersecurity spending in the region projected to grow steadily over the forecast period. Frost & Sullivan forecasts that spending on threat intelligence solutions – one of the fastest-growing segments – will increase globally from $202.4 million in 2023 to $879.2 million by 2030, at an impressive CAGR of 23.4%. With hospitals and healthcare entities being prime targets for ransomware attacks and phishing schemes, threat intelligence is becoming an essential component of a robust security strategy. Danielle VanZandt, Growth Expert at Frost & Sullivan, highlights the importance of a multi-faceted approach to security: "A resilient security ecosystem requires not only cutting-edge cybersecurity tools but also robust policies and continuous staff education. By combining technology with workforce training, healthcare organisations can build a secure foundation for digital transformation." Looking Ahead: The Future of Healthcare Security As cyber threats evolve, the integration of threat intelligence tools, proactive security measures, and compliance with regulatory frameworks will be critical to maintaining a secure healthcare environment. Healthcare organisations that invest in these capabilities will be better equipped to protect sensitive patient data while continuing to provide uninterrupted care. Click here to unlock growth potential and explore the future of healthcare security. About Frost & Sullivan YOUR TRANSFORMATIONAL GROWTH JOURNEY STARTS HERE. Frost & Sullivan's Growth Pipeline Engine, transformational strategies and best-practice models drive the generation, evaluation, and implementation of powerful growth opportunities. Is your company prepared to survive and thrive through the coming transformation? Join the Journey Editor's note: To arrange for an interview or for any questions, please contact: Alix StrowelMarketing & CommunicationsFrost & Sullivanalix.strowel@frost.com
SEOUL, South Korea, Dec. 26, 2024 /PRNewswire/ -- AUTOCRYPT, a global leader in automotive cybersecurity and testing solutions, has announced its participation in the 2025 Consumer Electronics Show (CES) in Las Vegas from January 7-10, 2025. At the upcoming CES, AUTOCRYPT will unveil its latest advancements in automotive cybersecurity, with a focus on: Award-Winning Cybersecurity Testing Platform (CSTP): Recognized as a top innovator in the digital category of the 2024 CLEPA Innovation Awards, CSTP streamlines the automotive regulatory compliance process by enabling diverse security tests to be executed and managed on a single platform. Visitors can experience a live demo of this cutting-edge solution. Comprehensive In-Vehicle Systems Cybersecurity Solutions: Ensuring the safety of in-vehicle systems, AUTOCRYPT's suite of solutions protects critical vehicle components from evolving threats. Secure Vehicle-to-Everything (V2X) Communication Solutions: AUTOCRYPT's V2X security technologies safeguard data transmission between vehicles and infrastructure, enabling secure and reliable communication for the future of smart mobility. "Kicking off 2025, AUTOCRYPT is excited to bring our award-winning Cybersecurity Testing Platform to the global stage at CES," said Duksoo Kim, CEO of AUTOCRYPT. "As the automotive industry continues to embrace software, electrification, connectivity, and autonomous driving, our mission is to ensure that every aspect of the process is secure." This will be AUTOCRYPT's second year exhibiting at the internationally acclaimed CES; the company's presence underlines its commitment to innovation and leadership in securing the future of connected and autonomous mobility. Attendees are encouraged to stop by AUTOCRYPT's booth (#3674) at Las Vegas Convention Center's West Hall for live demonstrations and in-depth discussions with AUTOCRYPT's team of security experts. About Autocrypt Co., Ltd. AUTOCRYPT is the industry leader in automotive cybersecurity and connected mobility technologies. The company specializes in the development and integration of security software and solutions for in-vehicle systems, V2X communications, Plug&Charge, and mobility platforms, paving the way towards a secure and reliable C-ITS ecosystem in the age of software-defined vehicles. AUTOCRYPT also provides consulting and testing services along with custom solutions for UN R155/156 and ISO/SAE 21434 compliance.
Launch Managed AI Firewall to Revolutionize Cybersecurity in Hong Kong and Mainland China HONG KONG, Nov. 29, 2024 /PRNewswire/ -- HGC Global Communications Limited ("HGC" or "Group"), a fully-fledged ICT service provider and network operator with extensive global coverage, is pleased to announce that it is the first and sole partner of the Cisco Managed AI Firewall in Greater Bay Area, including Hong Kong. This strategic partnership aims to promote the adoption of AI-driven security solutions, setting a new standard in security management. As a gold partner of Cisco and recipient of the "Best Deal of the Year – Managed AI Firewall" award, HGC is committed to enhancing cybersecurity service by leveraging cutting-edge AI technology. The revolutionary HGC Managed AI Firewall Service combines advanced Cisco technology and HGC's experienced expertise, providing 7x24 support to corporations. By adopting this service, corporation can streamline their security processes, reduce complexity, and gain comprehensive visibility into network traffic and potential threats through automation and AI-driven insights, enabling rapid responses to incidents. This innovative solution also facilitates seamless integration across various security infrastructures, enhancing team collaboration and operational efficiency. The Managed AI Firewall stands out in the market that harnesses advanced AI capabilities to automatically detect and analyse potential threats, enabling real-time responses that significantly enhance cybersecurity. With features such as behaviour analysis and continuous monitoring, the firewall identifies anomalous activities while optimising performance. Additionally, Cisco Talos provides real-time threat intelligence updates, ensuring that protective measures remain current. Coupled with HGC's end-to-end Managed Security Service, which includes integrated SaaS functionality, advanced AI learning capabilities, and a streamlined approach to implementation and management, organisations can protect their assets while ensuring sustained innovation and growth. Alvin Wong, Chief Operating Officer – Group ICT Business, Solutions and Product at HGC, said, "We are focused on reshaping the cybersecurity landscape with our advanced AI-driven solutions, empowered by our strategic partnership with Cisco. This collaboration is pivotal in promoting the adoption of AI technology in the security market for Hong Kong and the Greater Bay Area. Our Managed AI Firewall service not only bolsters defences but also combines our expertise to provide real-time threat responses and thorough monitoring. Together, we empower enterprises to better understand past, present, and future cyber threats, significantly improving their overall security posture." Iris Feng, General Manager, Cisco Hong Kong, Macau and South China, said, "As a leader in Security, Cisco is committed to connecting organisations securely and efficiently. This strategic partnership transforms a simple firewall into a comprehensive security solution that is exquisitely tailored to meet the unique needs of each corporation, enabling businesses to navigate the complexities of cybersecurity with confidence." Alvin Wong, Chief Operating Officer – Group ICT Business, Solutions and Product at HGC Global Communications, and Iris Feng, General Manager, Cisco Hong Kong, Macau and South China, are collaborating to integrate AI into cybersecurity services. This strategic partnership empowers enterprises to effectively combat cyber threats while ensuring the continuous stability and security of their business operations. About HGC Global Communications Limited HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 21 global offices and staff presence in 33 cities worldwide. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate, SME and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. In 2019, HGC Group completed the acquisition of Macroview Telecom Limited (Macroview), a leading digital technology solution and managed services provider. The addition of Macroview further accelerates HGC Group's digital transformation path and positioning as a pioneering ICT and digital services leader. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities, transport, social infrastructure, digital infrastructure, and environmental infrastructure in North America, Europe, Latin America and Asia. To learn more, please visit HGC's website at: www.hgc.com.hk
SINGAPORE, Sept. 10, 2024 /PRNewswire/ -- Blackwired, the leading cyber observatory for disruptive cybersecurity technologies, has announced the launch of ThirdWatchSM, a groundbreaking solution to identify direct threats facing an organization and its Third Parties. ThirdWatchSM is a subject-directed monitoring platform that provides a comprehensive 360-degree view in 3D of existential threats that impact organizations and the associated cyber risks posed by their vendors, partners, suppliers, networks, and digital assets. Utilizing a non-invasive, zero-touch technology process, ThirdWatchSM generates Direct Threat Intelligence while cross-referencing this intelligence with traditional vulnerability assessment data. This integration produces evidence-based scoring and specific solution sets to mitigate all direct cyber threats facing an organization. Direct Threat Risk Management This innovative platform establishes a new category—Direct Threat Risk Management. By incorporating all features of Attack Surface Management (ASM) and Third-Party Risk Management (TPRM) tools, ThirdWatchSM surpasses conventional offerings, delivering enhanced usability, substantial value, and unique Direct Threat Intelligence. Central to ThirdWatchSM are its pivotal features, including Direct Threat Intelligence, Direct Threat Mitigation, Third-Party Risk Management, Network Vulnerability Assessment, 3D Visualization, a comprehensive Ecosystem and Evidence-Based Scoring. The platform is designed with five key configurations: Enterprise, Audit, Managed Service Provider (MSP), Incident Response (IR), and Legal. "Implementing a 'defend forward' mentality is crucial. To combat modern threats, organizations need to pivot to a proactive approach to threat management, seeking out threats and neutralizing them before they escalate into attacks. ThirdWatchSM empowers organizations to identify and eliminate direct threats that jeopardize core operations, subsidiaries, and affiliates while mitigating risks posed by third parties in their ecosystems." – Jeremy Samide, CEO & Co-founder, Blackwired. ThirdWatchSM ensures compliance with third-party regulatory cybersecurity requirements and helps organizations navigate potential supply chain disruptions caused by cyber events. Management teams can utilize the platform to monitor their cybersecurity operations' effectiveness, access cyber threat landscapes swiftly, and provide a digital witness record of pre-event direct threat intelligence. Blackwired leverages industry and government expertise to deliver innovative solutions that integrate cutting-edge technologies such as artificial intelligence, edge computing, blockchain, and quantum computing. This strategic integration is underpinned by a methodology that starts with the premise of proactive prevention and, when necessary, offense – a notably different approach compared to traditional reactive cybersecurity measures. The launch of ThirdWatchSM marks a significant evolution in cybersecurity strategy. Organizations can utilize the platform to enhance cyber resilience while safeguarding their digital assets against a rapidly changing threat landscape. As cyber risks escalate, ThirdWatchSM offers a proactive defense mechanism designed to help organizations stay one step ahead of malicious threat actors. About Blackwired Blackwired is a cybersecurity innovation company dedicated to developing disruptive technologies that challenge conventional security approaches. The team comprises former Chief Information Security Officers and expert government contractors that have a direct understanding of enterprise-level security needs to ensure the highest level of cybersecurity resilience across industries. Blackwired leverages cutting-edge technologies – including artificial intelligence, edge computing, blockchain, and quantum computing – combined with human ingenuity to empower its innovative concepts, turning groundbreaking ideas into practical, robust platforms. For more information, please visit Blackwired | LinkedIn.
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