Get All Access for $5/mo

Cyber Security Alert: Quick Heal Aims To Expand Its Enterprise Arm Seqrite, the enterprise arm of Quick Heal, is eyeing geographical growth by appointing product partners in Asian, Middle East and African countries

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

As the reach of the Internet and other digital services expand to touch even the remotely-located regions, cybersecurity has become the need of the hour. Enterprise digital infiltration through file-less malware infection, the rise of multi-vector extortion technique, the increasing level of sophistication in Cobalt Strike, frequent supply chain attacks and the rise in critical zero-day vulnerabilities, has boosted the need for having a strong cybersecurity infrastructure in place.

One of the key ways of building a strong cybersecurity infrastructure is by investing heavily in R&D. Over the past two years, Quick Heal has invested more than INR 150 crore in its R&D to develop cutting-edge solutions to tackle the ever-evolving cyber threats.

The recently launched Quick Heal version 23 is powered by GoDeep.AI, a self-aware, malware-hunting technology. "We are innovating on the protection front with patented technologies and are expanding our product offerings with a platform-based approach of zero trust solutions providing comprehensive security for enterprises," said Dr. Sanjay Katkar, joint managing director and CTO, Quick Heal Technologies.

The company is developing enterprise security products with an aim to expand presence into mid and large size firms. Seqrite, the enterprise arm of Quick Heal, is planning expansion into mid-size and large enterprises and is eyeing geographical growth by appointing partners for Seqrite products in Asian, Middle East and African countries. "Being a customer-centric company, our emphasis is to innovate the most advanced solutions; our future pipeline looks promising and we will be sharing new updates soon."

Protecting more than thirty-five thousand businesses globally, Seqrite has been demonstrating nine consecutive quarters of year-on-year growth in the enterprise segment. "We have gained market leadership in the micro and small business segment in India, and now we are moving up the value chain. Our enterprise mobility management portfolio is expanding with promising products in the pipeline and the updates will be coming soon."

The company has collaborated with operating system vendors such as Microsoft, Google and Apple for technological integration of products and better security.

With the rise of Android malware and the increasing use of Rust as the preferred language for malware creators, cybersecurity will continue to be the top concern for organizations in 2023. Lack of cybersecurity awareness combined with rapid digitization and remote work will create vulnerabilities. "Organizations must strengthen their cybersecurity infrastructure to prevent and protect against newer and more complex threats. Enterprises as well as regulators need to lay greater focus on cybersecurity this year."

Last year witnessed a marked increase in the frequency and level of cyberattacks. "We saw 12 out of 15 of our cybersecurity predictions coming true. We also anticipate a rise in cybercriminals offering crime-as-a-service (CaaS), malware-as-a-service (MaaS), and ransomware-as-a-service (RaaS), enabling virtually anyone to carry out attacks such as Phishing Kits, Exploit Kits, Malware, Keyloggers, Botnet and DDoS attacks."

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Leadership

ITC's Marketing Wizard: Shuvadip Banerjee, Chief Digital Marketing Officer

The FMCG giant's successful campaign #MyFantasyAdWithSRK broke the Internet and in just a few weeks of launch had 10 lakh participants

News and Trends

Empowering MSMEs: Unlocking India's Trillion-Dollar Manufacturing Potential

By empowering MSMEs, India can realize its vision of a robust trillion-dollar manufacturing sector, fueling economic prosperity and sustainable development

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

News and Trends

Easing the stress with new-age health solutions

With rapid scaling and idea-making seen in the Indian eco-system, it is only speculated that the now-easily accessible healthcare systems will try to reach further depths of the country.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.