DarkMatter Is Named As One Of The 25 Leading IoT Security Companies Globally By IoT Institute

DarkMatter, the international cyber security firm headquartered in the UAE, has been named as one of the leading 25 Internet of Things (IoT) security companies in the world, based on rankings published by the IoT Institute.

The pace of digitisation and the consequent expansion of a multifaceted threat landscape has led to the rise of what the IoT Institute describes as “a cottage industry of start-ups and midsized companies offering to help industrial and enterprise companies stay safe in a quickly evolving environment.” The 25 companies listed in the rankings are trailblazing IoT security companies, and either have a dedicated IoT security business or leverage innovative connected technology to help thwart security risks.

Criteria for ranking included the firms’ degree of focus on enterprise and industrial IoT security and the innovation and market traction of their product offerings.

Eddie Schwartz, Executive Vice-President of Cyber Services at DarkMatter commented, “It is a tremendous achievement and honour to be recognised and included in a group of premier entities, some of which are household names in the technology sector. Our focus on raising the level of cyber security in connected environments is borne of our belief that digital transformation is one of the greatest opportunities that has ever existed, and in order for society to continue benefiting from its tremendous potential, trust and transparency must lie at the centre of its ongoing evolution.”

DarkMatter’s innovation in securing IoT environments has seen the firm develop offerings such as its Cyber Resilience Platform, a first-of-its-kind city-wide dashboard that helps visualise the readiness of critical entities against cyber threats. The platform succinctly demonstrates the cascading effect of cyber breach on separate, yet interconnected critical entities in a smart city environment, allowing for the first time, a contextualisation of the impact of a cyber breach on entities individually and collectively.

The Cyber Resilience Platform allows city authorities to predict and react timeously to cyber threats, with the powerful tool acting as a playbook for a city to be able to see how its critical entities are working individually, and as part of a wider interconnected, smart environment.

DarkMatter has also developed its proprietary Cyber Risk Scorecard, which is capable of providing board-level reporting and risk monitoring capabilities, whether the requirement is to achieve a target security baseline, meet compliance standards, or to simply monitor an organisation’s cyber security posture. The Scorecard assists executives to better understand the existing cyber security gaps with necessary remediation steps, as such insights are invaluable in a connected, digital environment.

Faisal Al Bannai, Founder and CEO of DarkMatter said, “Cities across the Gulf region are being recognised as some of the smartest and most innovative in the world. In order for these innovations to continue improving the quality of life of citizens, the underlying systems need to be able to withstand attempts to compromise them, and this is where our fundamental work in the area of cyber resilience comes into focus.”

The IoT Institute was founded in 2016 to draw attention to enterprise and industrial applications of the IoT. The entity has an audience database of approximately 450,000 professionals across a range of verticals, including government, manufacturing and enterprise. It is the media arm of IoT World, one of the largest IoT events in the world.