OPSWAT, a global leader in critical infrastructure protection (CIP) cybersecurity solutions, has registered substantial topline revenue growth in the Middle East throughout 2023, thus posting a remarkable 100% year-on-year increase - 70% of which is attributed to new business.
Reiterating its commitment to helping critical infrastructure organisations in the region, OPSWAT said it will help shore up perimeter defences against a threat landscape that shows an increasing interest in OT/ICS.
OPSWAT had opened its Dubai offices in October last year to address the increasing demand across the region for zero-trust cybersecurity solutions capable of safeguarding critical infrastructure
The group's commitment to the region comes on the back of significant growth in 2023.
Its leaders attribute OPSWAT’s success to its “unique technology”, which includes Multiscanning and Deep Content Disarm and Reconstruction (CDR) — an approach that dismantles otherwise useful files to remove harmful content before reassembling them with their functionality intact.
The company’s workforce has tripled in size from 2022, highlighting its commitment to local expertise and service excellence. Its strategic focus on the UAE, Saudi Arabia, and Qatar has expanded its market presence, said the company in a statement.
Its regional customers range from manufacturing and energy to defense and oil and gas. The company also counts many government agencies among its clients.
More than 50 GCC ministries selected OPSWAT in 2023 and it now collaborates with 80% of ministries in the UAE and Saudi Arabia, it stated.
It works with almost all the region’s oil and gas companies. In finance, OPSWAT has provided solutions to 43 regional banks, including eight central banks, since March 2022, and is in the POC stage with approximately 50 other FSI entities, said the statement.
"The expansion of IoT use cases has led to a rapid union between digital IT and industrial operational technology [OT], which represents a ballooning attack surface and a surge in the number of challenges faced by OT-reliant organizations," remarked Sertan Selcuk, VP, METAP and CIS at OPSWAT.
"Talent gaps and the need to securely transfer files and devices into, across, and out of secure environments are just two such issues. OPSWAT has answered the call for help from critical infrastructure organizations with an end-to-end cybersecurity platform built expressly to unite enterprise IT and industrial OT under a single risk-management framework," he added.
&uuid=(email))