Blockchain
OryxLabs Recognized as the Most Innovative Cybersecurity Company by the Cybersecurity Excellence Awards
Abu Dhabi, United Arab Emirates–(Newsfile Corp. – July 14, 2023) – OryxLabs, a cybersecurity solutions provider based in the United Arab Emirates, is proud to announce being named the 2023 Gold Award Winner in multiple categories, as well as one the Most Innovative Cybersecurity Companies, by The Global Cybersecurity Excellence Awards.
The Cybersecurity Excellence Awards is an annual global event recognizing organizations and individuals who demonstrate excellence, innovation, and leadership in the cybersecurity industry. OryxLabs’ recognition as the Most Innovative Cybersecurity Company underscores the company’s efforts and success in delivering top-notch cybersecurity solutions that protect businesses from cyber threats. In addition, OryxLabs’ DNS Firewall and Discovery won the gold awards for best products in DNS Based Protection and Digital Risk Protection categories respectively.
Highlighting OryxLabs’ commitment to innovation, CEO Sumit Dhar says, “We are committed to creating scalable, innovative, and sophisticated cybersecurity solutions that address our clients’ complex challenges while delivering significant business value.”
Dhar attributes the Most Innovative Cybersecurity Company award to OryxLabs’ cutting edge innovations in their products Discovery and DNS Firewall that work jointly to enhance organization’s cybersecurity posture.
“Discovery is an innovative, cutting-edge Attack Surface Management platform that offers cybersecurity leaders holistic, continuous and automated visibility into an organization’s exposed external facing assets and their security posture,” says Dhar.
Discovery highlights vulnerabilities, security issues, breached credentials as well as potential phishing domains masquerading as a company’s sites. Company Boards and CXOs can utilize the Discovery Cyber Hygiene dashboards to monitor their organization’s cybersecurity score, benchmark it with their peers and track trends in their posture. The security engineers and teams can use real-time tracking, monitoring and accurate analysis of security issues as a proactive way to address their critical cybersecurity requirements. Discovery also analyzes security issues from an attacker’s perspective, allowing organizations to identify, prioritize and address their most critical vulnerabilities.
The company’s DNS Firewall product complements Discovery by providing comprehensive protection against a wide range of cyber threats, including malware, spyware, ransomware, phishing sites. Leveraging data science and machine learning algorithms, DNS Firewall identifies and proactively blocks threats in real time, even before traditional security solutions can react. Operating at the DNS Layer, the product blocks malicious connections before they reach a client’s network, ensuring robust first line of defense.
In addition, it allows companies to block websites / domains based on content, geo-location and time. It provides flexible, customizable policies that can be configured based on organization’s setup. It integrates easily with various SIEM solutions and provides dashboards that allow security leaders to gain actionable insights and make informed decisions.
About OryxLabs
OryxLabs is a UAE-based cybersecurity firm that understands the challenges CISOs face. Utilizing an agile approach, the company is dedicated to providing cutting-edge, scalable, innovative security solutions that deliver significant value. Leveraging their advanced products, they help hundreds of clients safeguard their digital infrastructure and maintain the integrity of their sensitive information.
Contact information
Sumit Dhar
Email address: [email protected]
Website: www.oryxlabs.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/173506
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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