Wedge Networks Partners with Seaspring to Deliver Real-time Threat Prevention to the Bahrain & MENA Markets

Posted on February 1, 2023 by PR and Media
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31th January, 2023 – Calgary, Canada – Wedge Networks Inc. (“Wedge”) , a market leader in Real-Time Threat Prevention solutions, today announced the signing of a Distributor Agreement with Seaspring W.L.L. (“Seaspring”), a Bahrain-based international investment consultancy firm and a Wedge shareholder. This collaboration aims at delivering innovative cyberthreat prevention solutions to enterprises, small businesses, government departments, service providers, and data centres, while simultaneously expanding the Company’s presence in the region.

Together, Wedge and Seaspring will bring the Wedge Absolute Real-Time Protection (“WedgeARP™”) Series, an exclusive real-time threat prevention solutions in the industry, to the active markets of Bahrain and the MENA region.

WedgeARP™ provides network-based, real-time threat protection for all types of endpoints in a wide range of cloud networks (mobile data, 5G, SD-WAN, SASE, and smart-city/IIoT). With an embedded deep learning AI engine and patented real-time deep content inspection technology, WedgeARP™ can detect never-before-seen malware in milliseconds. Running on an orchestrated threat management platform, it is an effective and autonomous approach to facilitating large-scale real-time threat prevention. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints across the globe.

“The signing of this Distributor Agreement is a new chapter in the long-standing partnership between Seaspring and Wedge Networks as we work together to realize a shared goal of enabling a safe and secure digital space for all users. With their advanced cybersecurity solutions supported by an experienced and dedicated team, I am positive that Wedge’s technologies will be beneficial to both individuals and entities looking for comprehensive and effective protection against cyberthreats,” commented Shaikh Isa bin Khalid Al-Khalifa, Founder and Managing Director of Seaspring.

“Seaspring has been a strong partner in supporting Wedge developing its leadership in real-time threat prevention innovations. With a strong world class management team, Seaspring is trusted by customers and partners alike,” said Dr. Hongwen Zhang, CEO & CTO at Wedge Networks. “This distributor partnership between our organizations will allow Wedge to benefit from Seaspring’s strong market presence, thus fulfilling our promise of bringing cybersecurity and safety through real-time threat prevention to digital spaces in both Bahrain and the MENA markets.”


About Wedge Networks
Wedge Networks Inc. is an intelligent Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for many millions of endpoints in enterprises, governments, and critical infrastructures globally.
For more information on Wedge Networks, visit: https://www.wedgenetworks.com/
For media enquiries, please contact: PR@wedgenetworks.com

About Seaspring
Seaspring is a Bahrain-based international investment consultancy firm with a strategic focus on bringing distinct investment solutions from various sectors including, but not limited to healthcare, biotech, technology, and cybersecurity to the Gulf region. Through key ties in the USA and Canada, Seaspring’s exclusive list of partners provide on the ground, strategically aligned, and lucrative investment options with a broad industry focus that cater to clients’ specific investment criteria.
For more information about Seaspring, visit https://www.seaspringconsulting.com/
For enquiries, please contact: info@seaspringconsulting.com

Cautionary Statements and Forward-Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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Wedge Networks announces addition of Mr. Brian O’Higgins to Advisory Board

Posted on January 17, 2023 by PR and Media
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17th January, 2023 – Calgary, AB and Ottawa, On – Wedge Networks is very pleased to announce that Brian O’Higgins will be joining the Company’s Advisory Board effective immediately.

Mr. O’Higgins has over 30 years experience as a leader in security technology development—best known for his role pioneering PKI (public key infrastructure)—and as the co-founder and Chief Technology Officer of Entrust, a leading Internet Security Company. He was also a co-founder and Chief Technology Officer of Third Brigade, an enterprise security company that was acquired by Trend Micro in 2009. Brian’s approach to security is both visionary and pragmatic. He is a frequent presenter at security and industry events around the globe, and a founding author and contributor to the Cloud Security Alliance. He is often sought out as an industry expert by the press to comment on current events related to cyber security. Brian’s current list of affiliations includes advisory board positions with Defence R&D Canada, the Ontario Centers of Excellence, Board Chair for Quantum Safe Canada, and as an Executive Fellow with Mistral Venture Partners. He also serves on the Board of Directors for Identos, and is an advisor for Crypto 4A, APX, Zighra, Infosec Global and Bluink.

In 2012 Brian was honoured to be a recipient of the Queen Elizabeth II Diamond Jubilee Medal that recognizes individuals who have made significant contributions to Canada. Brian is an avid skier on both snow and water, and a competitive marathon runner. In 2011, he won his age group category at the Boston Marathon.

“Electronics and Internet connectivity are quickly becoming embedded in almost all aspects of modern infrastructure that our society depends on. The attack surface area is expanding rapidly, and this gives rise to increasing concerns about safety and security against a rising tide of malicious actors. Safety becomes a primary concern now, rather than just theft. Continuous attention is necessary to ensure our critical infrastructure is resilient to these attacks, and new security technology always plays a welcome role.” said Brian O’Higgins.

According to Forbes, 70% of GDP growth in the global economy between now and 2030 will be driven by the machines. Wedge Networks is on a mission to provide real-time threat prevention to secure the machine economy. Wedge Absolute Real-time Protection (WedgeARP™) provides an autonomous approach to large-scale real-time threat prevention for cyber threats including newly created or customized malware and zero-day attacks.With an embedded deep learning AI engine, patented machine learning-based threat detection and real-time deep content inspection for industry leading network traffic visibility, WedgeARP can detect never-before-seen malware in milliseconds.

“The team at Wedge is excited to have the opportunity to work with Brian, benefiting from his expertise of building world class innovative solutions.” said Dr. Hongwen Zhang, CEO & CTO at Wedge Networks.“Our interests are aligned in pushing the boundary of real-time cybersecurity innovations, particularly as it applies to the world of IIoT and connected systems. His wisdom and industry connections will help Wedge to establish a leadership position in today’s 5G enabled and increasingly connected world for the advancement of the machine economy.”

About Wedge Networks
Wedge Networks Inc. is an intelligent Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for many millions of endpoints in enterprises, governments, and critical infrastructures globally.

For more information on Wedge Networks, visit www.wedgenetworks.com
Please forward any media or PR inquiries to: PR@wedgenetworks.com

Cautionary Statements and Forward-Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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Wedge Networks To Participate In The Upcoming Arab International Cybersecurity Summit (AICS)

Posted on November 24, 2022 by PR and Media
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24th November, 2022 – Calgary, Canada – Wedge Networks Inc. (Wedge), an innovation leader in intelligent real-time threat prevention solutions, is excited to announce its participation as a silver sponsor and exhibitor in the upcoming Arab International Cybersecurity Summit (AICS) on December 6 – 8, 2022, at Exhibition World Bahrain.

The AICS is the largest convention in the Gulf region on cybersecurity. Endorsed by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and Prime Minister of the Kingdom of Bahrain and co-hosted by the National Cyber Security Centre (NCSC), the summit will bring together numerous government regulators, industry professionals and solution providers to offer a global overview of cybersecurity and information security aspects.

A portfolio company of Bahrain-based international consultancy firm, Seaspring W.L.L. (Seaspring), Wedge Networks will exhibit at the summit to provide onsite live demos and exchange knowledge and ideas with industry peers. In addition, Dr. Hongwen Zhang, CEO & CTO (Co-founder) of Wedge, will present on the importance and best practices of real-time threat prevention to secure the safety of governments, citizens and infrastructure. See Dr. Zhang’s speaker bio here.

Dr. Zhang will be presenting on the topic of:
Real-time Threat Prevention For Connected Autonomous Systems
on
Wednesday, December 7th at 12:30 hrs AST at the Block Stage
We will be at booth: 6-T08

wedge-presentation-december-6-to-8-2022-booth-#t08-hall-#6

We invite you to join us!

wedge-networks-logo

About Wedge Networks
Wedge Networks Inc., a portfolio company of Bahrain-based international investment consultancy firm, Seaspring W.L.L., is a cybersecurity software vendor specializing in Real-Time Threat Prevention. Headquartered in Calgary, Canada, Wedge has international teams in North America, Asia Pacific, Europe, and the Middle East and North Africa Regions. The WedgeARP™ suite (Wedge Absolute Real-Time Protection) provides highly evolved and innovative, AI-driven security protection to millions of connected systems in over 25 countries and regions. Wedge is committed to helping secure the cloud-connected world with global partners and various deployment options.

For more information on Wedge Networks, visit www.wedgenetworks.com

seaspring-logo

About Seaspring
Seaspring W.L.L. is a Bahrain-based international investment consultancy firm with a strategic focus on bringing distinct investment solutions from various sectors including, but not limited to healthcare, biotech, technology, and cybersecurity to the Gulf region. Through key ties in the USA and Canada, Seaspring’s exclusive list of partners provide on the ground, strategically aligned, and lucrative investment options with a broad industry focus that cater to clients’ specific investment criteria.

For more information on Seaspring, visit www.seaspringconsulting.com

Cautionary Statements and Forward-Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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Wedge Networks to Participate at 2022 Calgary Cyber Summit

Posted on September 13, 2022 by PR and Media
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September 15, 2022 – Wedge Networks is thrilled to be a part of the 2022 Calgary Cyber Summit. Our CEO, Dr. Hongwen Zhang will be speaking at the Summit this Thursday September 15th, on Real-time cyber threats in the cloud connected world. The three-day event has an incredible list of speakers with topics ranging from OSINT, Cryptocurrency, Mental Health in Cybercrime, Ransomware, triaging volatile network data and more. Calgary will host over 300 law enforcement and corporate cyber security professionals from dozens of countries, allowing for incredible networking and learning opportunities.

Where/When:
September 15, 2022 / 10:00 AM – 10:30 AM – 2022 Calgary Cyber Summit, Calgary, Canada

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Wedge Networks Partners with SecureServ to Deliver a Secure Access Service Edge (SASE) Solution to the Australian Market

Posted on August 9, 2022 by PR and Media
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9th August 2022 – Calgary, Canada – Wedge Networks Inc., a market leader in Real-time Threat Prevention solutions, today announced its partnership with SecureServ, an Australian-based cyber security solutions and network performance distributor.

wedge networks logo
secure serv logo


The partnership will afford SecureServ the opportunity to deliver powerful new threat prevention with innovative solutions for Enterprises, Small Businesses, Government Departments, Service Providers and Data Centres, while simultaneously expanding its partner community in the region.

Together, Wedge Networks and SecureServ are bringing the best real-time threat prevention in the industry to the Australian market through the Wedge Absolute Real-Time Protection (WedgeARP™) Series.

With the cloud-connected world seeing billions of new connected endpoint devices added, the network perimeter has now been extended to encompass anywhere these devices are located; further widening the security gap. Real-time Threat Prevention is one of the most critical cyber defense requirements for the digital economy with enterprise security capacity being over-run by rapidly expanding security workloads
as organisations shift to software-as-a-service (SaaS) and other cloud native applications.

WedgeARP™ provides network-based, real-time threat protection for all types of endpoints in a wide range of cloud networks (mobile data, 5G, SD-WAN, SASE, and smart-city/IIoT). With an embedded deep learning AI engine and patented real-time deep content inspection technology, WedgeARP™ can detect never-before-seen malware in milliseconds. Running on an orchestrated threat management platform, it is an effective and autonomous approach to enable large-scale real-time threat prevention. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints across the globe.

“The ability of Secure Access Service Edge (SASE) to rapidly roll out real-time threat prevention services, and to deliver them as and when needed, is a key challenge. Wedge’s leadership in this area allows us to form a valuable partnership with them to enhance our digital transformation offerings”, said Vic Whiteley, SecureServ Director of Operations.

“Wedge has a strong reputation for delivering results to IT operation leaders around the world, and we’re thrilled to be offering their solutions to the Australian market. This partnership further demonstrates our commitment to providing our partners and customers with the most innovative and reliable solutions.” he added.

“SecureServ has a proven track record of being exclusively focused in cyber security and networking performance, connecting world leading innovations with partners” said Dr. Hongwen Zhang, CEO & CTO at Wedge Networks. “We’re excited to work with SecureServ to serve customers in Australia with the real-time threat prevention ability enabled by WedgeARP™.”

About Wedge Networks
Wedge Networks Inc. is an intelligent Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints in enterprises, governments, and critical infrastructures spanning more than 22 countries.

For more information on Wedge Networks, visit: https://www.wedgenetworks.com/
For media enquiries, please contact: PR@wedgenetworks.com

About SecureServ
SecureServ has focused exclusively on cyber security and networking performance since 2005. Our value-added distribution approach connects world-leading technology vendors with our channel partners to support their growth strategies and proactively engage in joint market development. With our professional team, we consolidate our knowledge and skills to assist our partners with support and training, to enable them to meet the challenges of today’s challenging security environment.

Contact SecureServ
Vic Whiteley | Operations Director
P: +61 2 9844 5429 | E: vic@secureserv.com.au
For more information about SecureServ, visit https://www.secureserv.com.au/

Cautionary Statements and Forward-Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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BlackBerry, L-SPARK Announce Four Companies for their BlackBerry IVY Connected Car Accelerator Program

Posted on July 13, 2022 by PR and Media
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Deeplite, Raven Connected, Sensor Cortek and Wedge Networks will have access to BlackBerry IVY to deliver high-impact transportation use cases leveraging in-vehicle data

13th July 2022 – WATERLOO and OTTAWA, ONTARIO – BlackBerry Limited (NYSE: BB; TSX: BB) and L-SPARK, Canada’s largest software-as-a-service accelerator, today announced the four winning companies that will make up the third cohort of their joint accelerator program, which aims to grow Canadian technology companies that are focused on connected vehicle technologies.

New this year, the accelerator has provided select companies with access to BlackBerry’s Intelligent Vehicle Data Platform – BlackBerry IVY™, enabling them to deliver next-generation connected vehicle use cases leveraging in-vehicle data with a view to improving driver and passenger experiences. BlackBerry IVY is a scalable, cloud-connected software platform that allows automakers to provide a consistent and secure way to read vehicle sensor data, normalize it, and create actionable insights from that data both locally in the vehicle and in the cloud.

The companies that make up the third cohort of the program include:

Deeplite, Montreal – Deeplite provides an AI inference optimization platform for the millions of developers struggling to deploy edge-AI to products in vehicles, smart cities, 5G IoT, and the things we use every day by making smaller, faster and more energy efficient AI.

Raven Connected, Ottawa – Raven Connected provides a comprehensive video telematics platform that incorporates an array of sensors, communication modules and direct connection to the vehicle’s onboard computer to capture images, video and other data elements. These components are incorporated into ML and AI models to generate real-time insights into vehicle performance, driving behaviors, road conditions and pedestrian safety.

Sensor Cortek, Ottawa – Sensor Cortek uses deep neural networks to develop advanced embedded AI-based perception systems enabling reliable understanding of real-world environments. The company creates intelligent software solutions with a focus on advanced driver-assistance and autonomous vehicles.

Wedge Networks, Calgary – Wedge Networks is a cybersecurity software vendor specializing in intelligent real-time threat prevention. With numerous patents, awards, and peer-reviewed machine learning publications, Wedge’s intelligent, constantly evolving and learning threat prevention platform protects millions of connected devices – including connected and autonomous vehicles and intelligent transportation systems.

“The four companies selected for this very special BlackBerry IVY focused accelerator program with L-SPARK represent the crème de la crème of the Canadian smart mobility ecosystem. Each brings with them a ton of talent, innovative technology and a drive to deliver high-impact, data-driven services and solutions that will one day transform the in-car experience,” said Peter Virk, Vice President of IVY Product and Ecosystem, BlackBerry. “We look forward to working with them in the weeks and months ahead and are confident that their offerings will resonate with OEMs as we look to continue to build out the breadth and depth of our BlackBerry IVY ecosystem.”

“The BlackBerry L-SPARK Accelerator has not only propelled connected vehicle technology forward, but has also paved the way for collaboration and partnership between the participating companies and BlackBerry”, said Leo Lax, Executive Managing Director at L-SPARK. “We are thrilled to be at the forefront of innovation in the connected vehicle technology space alongside the incredible team at BlackBerry for the third consecutive year.”

The IVY Connected Car Accelerator Program is supported in part by advisory services and funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).

About Wedge Networks
Wedge Networks Inc. is an intelligent Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints in enterprises, governments, and critical infrastructures spanning more than 22 countries.

For more information on Wedge Networks, visit www.wedgenetworks.com
Please forward any media or PR inquiries to: PR@wedgenetworks.com

About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including 215M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry’s vision is clear – to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere.

For more information, visit BlackBerry.com and follow @BlackBerry.

About L-SPARK
L-SPARK is Canada’s leading accelerator for the Connected Cars (AV) industry as well as Software as a Service (SaaS) companies. The accelerator offers programs focused on future innovative B2B and B2B/B2C companies, as well as targeted programs which partner with leading corporations in Connected Medtech, IoT and CyberSecurity.

Since the launch of their first cohort in January 2015, L-SPARK has accelerated 95 companies across Canada who collectively have raised over $115M in follow-on funding. With over 10,000 investors, corporate partners and startups now in their network, L-SPARK has curated a dynamic Canadian tech community for participating companies to join.

Cautionary Statements and Forward-Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

Posted in Industry News, Latest Security News, Wedge Channel Partner Forum, Wedge News | Tagged , , , , , , , , | Leave a comment

Someone Is Recording Your Online Banking Password​

Posted on July 12, 2022 by Wedge Co-founder, CEO & CTO
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The Issue:
In an article published on ZDNet, author Liam Tung described a malicious campaign that uses file-naming trickery to get victims to download the key logger Snake malware. Once infected, keystrokes such as entering online banking information are recorded and leaked to cyber criminals.

The Cause:
The Snake keylogger initially appeared in 2020 and has been resurfacing with new variants ever since. It is commonly bundled in a compromised Excel file, PDF, or Word document. A macro code within the compromised document downloads the malware payload from an external server, at which point the malware executes and begins recording user keystrokes and sensitive data. Snake keyloggers are used to particularly target businesses and its effects are widespread.

In this malicious campaign, cyber criminals sent emails with an attached PDF document named “REMMITANCE INVOICE.pdf” with an embedded Word document named “has been verified. However PDF, Jpeg, xlsx, .docs”. When clicked, this odd Word file name is combined with the typical Adobe reader message and reads “The file ‘has been verified. However PDF, Jpeg, xlsx, .docs’ may contain programs, macros, or viruses that could potentially harm your computer.” This tricks the user to assume that the file in question has been verified and is safe to open. Once opened, the Word document triggers a download of an object with a hidden link. This object exploits a known vulnerability in Windows to steal the user’s key strokes.

The Challenges:
• There are more than 180K vulnerabilities in the digital world. Each of them can be exploited by hackers in various ways, in this case a sneakily crafted file name used to gain the trust of the user.
• The actual malware is delivered not by an intrusion attack but by an internal user’s web request when the Word document is opened, thus bypassing firewalls and IPS perimeter defenses.
• Many such attacks are successful by mutating known malware to evade signature based defense systems.

User credentials and private data can easily be assembled from logged keystrokes. This is compromising for businesses as everything from online banking access to social security numbers are entered into their computers. Cyber criminals can gather confidential information from business emails and messaging applications used to communicate between employees to further exploit companies with cyber ransoming.

The Solution:
Wedge Network’s malware lab tested a new Snake keylogger malware attack on a network protected by WedgeARP™. Zero Day attacks are difficult to detect and prevent because they employ never before seen malware. These new or mutated malware do not have a matching signature in the signature database and can easily slip into corporate networks to cause irreparable damage. To combat this, WedgeARP™ utilises Deep Learning Artificial Intelligence Anti Virus (AIAV) engine to identify and prevent Zero Day attacks. In the figure below, the new Snake keylogger is prevented from being downloaded by the user from a compromised file:

Figure 1 – Never before seen Snake keylogger attack blocked using Deep Learning Artificial Intelligence Anti Virus

In Figure 1, the infected file on the device at 192.168.100.69 tries to download a Snake keylogger malware from an external server. Even though there are no identical signature of this new Snake keylogger malware, the malware was quickly detected, evaluated and dropped using AIAV engine. The engine determined that the never before seen Snake keylogger malware scored a malware value of -0.771606 and considered it malicious. The same result is replicated when using the advance Signature engines on the WedgeARP™, preventing the Snake keylogger malware from being downloaded by the device at 192.168.100.69 as seen below:

Figure 2 – Never before seen Snake keylogger attack blocked using Signature engine

In both examples, WedgeARP™ prevents crippling Zero Day attacks from a new Snake keylogger malware using advanced AIAV and Signature engines. WedgeARP™ is a network based solution, meaning all devices from servers and work/personal computers to mobile and IOT electronics are protected from these clever and often devastating exploits.

With Wedge Real-Time Threat Prevention’s innovative Deep Content Inspection and highly trained Deep Learning AI engines, WedgeARP™ can identify and prevent these sneakily crafted malware from entering and compromising your business from within your corporate networks. If you are interested in our Real-Time Prevention Technology, feel free to contact our team at: info@wedgenetworks.com

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Wedge Networks Inc. invited to MobilityXlab program to co-create mobility solutions

Posted on June 17, 2022 by PR and Media
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Wedge Networks selected by MobilityXlab to co-create secure mobility solutions working with seven world-leading industry partners: CEVT, Ericsson, Polestar, Veoneer, Volvo Cars, Volvo Group, and Zenseact.

17th June 2022 – CALGARY, Canada and GOTHENBURG, Sweden: Wedge Networks Inc. (Wedge), an innovation leader in intelligent real-time threat prevention solutions, is invited to join MobilityXlab, a collaboration hub founded in 2017 by global companies to create and innovate future mobility solutions. Wedge will participate to co-create solutions for safe and secure mobility in partnership with seven world-leading industry partners: CEVT, Ericsson, Polestar, Veoneer, Volvo Cars, Volvo Group, and Zenseact.

With Cyber Physical Systems such as CAVs (connected autonomous vehicles), the need to ensure real-time security and safety of our digital life becomes paramount. Wedge addresses this need by developing an innovative intelligent real-time threat prevention software platform, Wedge Absolute Real-time Protection™ (WedgeARP™). This partnership opportunity from MobilityXlab will allow Wedge to accelerate such developments further to enhance the real-time threat prevention ability of WedgeARP™.

“Analysts estimate the number of CAVs by 2025 will exceed 800 million. As demonstrated in both real and simulated environments, CAVs have large attack surfaces. Can you imagine a car traveling at high speed with family members and is vulnerable to cyber attacks?” said Dr. Hongwen Zhang, Wedge’s CEO and CTO. “Wedge, with its focus on real-time threat prevention, has been actively developing innovative technology to address this concern. The partnership with these world-class leaders in the mobility industry will allow us to leap forward our technology innovation in real-time threat prevention, for CAVs and all Cyber Physical Systems”

“MobilityXlab is always looking for the best-emerging companies in mobility and connectivity. Our founding partners represent the most successful and visionary mobility companies in the world”, said Katrina Brud, director of MobilityXlab, “we are thrilled to support Wedge in this journey to co-create innovative solutions.”

About Wedge Networks
Wedge Networks Inc. is an intelligent Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints in enterprises, governments, and critical infrastructures spanning more than 20 countries and regions.

For more information on Wedge Networks, visit http://www.wedgenetworks.com/
Please forward any media or PR inquiries to: PR@wedgenetworks.com

About MobilityXlab
MobilityXlab is a collaboration hub founded in 2017 by global companies to create and develop new innovations within future mobility – with each other and with startups. Our seven partners are CEVT, Ericsson, Polestar, Veoneer, Volvo Cars, Volvo Group, and Zenseact. Lindholmen Science Parks is the host organization. MobilityXlab is also supported by Region Västra Götaland and Vinnova, Sweden’s Innovation Agency. Over the first five years, MobilityXlab has seen startups applying from 50 countries. The collaboration platform has resulted in 75 proof of concepts and 12 accelerations, in the form of commercial contracts or partnerships.

For more information, visit www.mobilityxlab.com

Cautionary Statements and Forward Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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Wedge Networks Inc. introduces a new generation of its Intelligent Web Shield™ (IWS) Solution to support SASE use cases

Posted on June 5, 2022 by PR and Media
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Wedge’s new generation of IWS adds OpenText’s BrightCloud Threat Intelligence to Wedge’s Absolute Real-Time Protection platform and its patented deep learning technology to serve the real-time security needs of SASE use cases, from the network edge to the cloud core.

6th June 2022 – RSA – San Francisco, USA:  Wedge Networks Inc. (Wedge), an innovation leader in intelligent real-time threat prevention solutions, is introducing a new generation of its Intelligent Web Shield™ (IWS) solution available to all customers and partners using WedgeARP™ v2.6 and above to support up and coming SASE use cases.   

The ever-expanding SASE market is witnessing novel use cases such as 5G Edge/MEC services, smart infrastructure, smart manufacturing and CAV/ITS all of which require zero trust for both access and network traffic at the edge. The first is typically provided using whitelisting technologies, while for the second, conventional “detection & remediation” strategy has proven to be inadequate for such use cases. Wedge addresses both challenges by providing an innovative intelligent real-time threat prevention software platform, Wedge Absolute Real-time Protection™ (WedgeARP™). Based on leading edge deep learning threat intelligence technologies, WedgeARP™ offers a set of virtual network functions, enabling advanced, high efficacy security services. The new IWS is a result of a technology partnership between Wedge and OpenText’s BrightCloud®, delivering the most comprehensive threat intelligence in the industry due to the broad web data coverage and advanced machine learning ability.

“WedgeIWS™ is a critical solution in the WedgeARP™ product family for Managed Service Provider partners and their customers to achieve real-time cyber protection. Compared with previous versions, this new release adds a layer of intelligent real-time web threat prevention to effectively handle several emerging use cases in the SASE market.” said Dr. Hongwen Zhang, Wedge’s CEO and CTO. “The architecture choices made by most edge computing and networking systems mean they cannot be adequately protected by conventional security solutions that require large threat database and expensive behavior analysis. WedegARP™ addresses these challenges by using machine learning to ensure comprehensive threat intelligence can work seamlessly in real-time on small edge computing/networking systems. By incorporating BrightCloud® Threat Intelligence, WedgeIWS™ now addresses the SASE use cases providing both real-time threat prevention and compliance, with the added benefit of coaching and orchestrating Wedge’s other AI based security functions.”

“Cybercriminals have become increasingly difficult to detect. To establish a cyber resilient posture, up-to-date and accurate threat intelligence is essential,” said Quinn Curtis, Senior Vice President of Product Management at OpenText. “In joining forces with Wedge, we are solving a very real need in the market. BrightCloud® Threat Intelligence protects Wedge customers from malicious URLs, IPs, files and mobile apps through unique contextual insights across threat vectors powered by hundreds of millions of sensors and sixth-generation machine learning algorithms.”

Wedge Networks and BrightCloud will demonstrate the joint solution at RSA Conference 2022 from June 6th to June 9th 2022 in the OpenText/BrightCloud booth # 1535 – South Hall

About Wedge Networks
Wedge Networks Inc. is an intelligent Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints in enterprises, governments, and critical infrastructures spanning more than 22 countries.

For more information on Wedge Networks, visit http://www.wedgenetworks.com/
Please forward any media or PR inquiries to: PR@wedgenetworks.com

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions.

For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.

About BrightCloud
BrightCloud was the first threat intelligence platform to harness the cloud and artificial intelligence to stop zero-day threats in real time. The platform is used to secure businesses and their products worldwide with threat intelligence and protection for endpoints and networks. In 2019, BrightCloud was acquired by OpenText, a global leader in Enterprise Information Management.

For more information about BrightCloud visit brightcloud.com.

Cautionary Statements and Forward Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom. 

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Wedge Networks Inc. Announces Issuance of New Patent – U.S. Patent 11,349,852

Posted on June 1, 2022 by PR and Media
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“Apparatus and Methods for Network-Based Line-Rate Detection of Unknown Malware”
– U.S. Patent 11,349,852

This invention builds on Wedge’s previous network-based content inspection (NBCI) patent – USPTO#7,630,379. Specifically, the invention ascertains Wedge’s inventiveness and provides apparatus and methods for NBCI’s line-rate detection of Never-Before-Seen Malicious software, documents and/or websites – collectively known as malware.

31 May, 2022 – CALGARY, Alberta: Wedge Networks Inc. (Wedge), an innovation leader in intelligent real-time threat prevention, is pleased to announce that the United States Patent and Trademark Office (USPTO) has awarded its technology with U.S. Patent 11,349,852, ascertaining Wedge Network’s unique value proposition and innovation.

The digital world is now witnessing the resurgence of Never-Before-Seen Malware, be it custom or zero-day – malware that targets a vulnerability that is not publicly known, and for which a signature has not yet been developed. Because no signature exists for such custom or zero-day malware, it cannot be reliably detected by traditional signature-based detection techniques. On the other hand, behavioural-based analysis can reveal the malicious nature of custom or zero-day malware with thorough sandboxing – an approach where the network inspection is executed in an isolated virtual environment. However, the limitation is that such sandboxing analysis is typically not possible at network-line rates. Hence the critical challenge in preventing “never-before-seen malware” at network-line rates.

This patent provides a solution that effectively addresses this critical challenge. Implemented in WedgeARP™ (Wedge Absolute Real-time Protection™) version 2.0 and above, it is available to all Wedge’s partners and customers.

“Conventional network security solutions cannot prevent the transmission of never-before-seen malware. Many of our industry peers resolve this by using non-real-time behaviour analysis approaches. However,  these  are  not  real-time,  leaving  ample  time  for  malware  to  cause  damages.”  said  Dr.  Hongwen Zhang, CEO and CTO of Wedge Networks.  “With the rapid growth of network bandwidth, driven by Cloud/Edge/Fog computing, smart infrastructures, and large adoption of high-speed network technologies such as 5G and last mile fibre connectivity, the importance of NBCI performance is be-coming increasingly paramount in the security and safety of our digital economy. As a pioneer in NBCI, Wedge has been focusing on solving this tough problem. The patent provides an effective framework for Wedge to work with our world class technology and threat intelligence partners to continuously push the leading edge of real-time threat prevention”

“Typically, with traditional security techniques, such custom and zero-day malware would be allowed into the network, while the sandboxing analysis – which could take minutes to hours – is being performed, allowing valuable network resources to be exposed to hackers and cyber criminals during such time. This is a triple whammy – first, once the sandboxing proves that malware was allowed, SoC and network operators will then have to embark on an expensive remediation and threat hunting exercise, trying to find the full impact of such malware. Second, even with such effort, the true impact of such attack might never be known, but then and third, sometimes the impacts of cyber-attack cannot be remedied: Think 5G Self driving vehicles, oil pipelines, or medical equipment.” added Dr. Husam Kinawi, Wedge’s Chief Scientist. “We have had this invention incorporated in our technology for the last couple of years. This patent however, ascertains our claim that we provide the only known line-rate Network-Based Line-Rate Detection of Unknown Malware.”

About Wedge Networks
Wedge Networks Inc. is a Real-Time Threat Prevention solutions company. Our innovation is a patented software platform that enables real-time security services rollout with strategic partners such as MSPs and OEMs. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints in enterprises, governments, and critical infrastructures spanning more than 22 countries.

For more information on Wedge Networks, visit https://www.wedgenetworks.com
Please forward any media or PR inquiries to: PR@wedgenetworks.co

Cautionary Statements and Forward Looking Information
This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Corporation’s business and prospects, as well as management’s beliefs, and certain assumptions made by management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “should,” “will” and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The forward-looking statements contained in this news release are made as of the date hereof and Wedge undertakes no obligation to update, publicly or otherwise, or revise any forward-looking information, whether as a result of new information, future events or otherwise unless expressly required by applicable securities laws. The forward-looking information contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Corporation’s future business activities may differ materially from those in the forward-looking statements as a result of various factors , including, but not limited to: expansion and business strategies, anticipated growth opportunities, the impact of the COVID-19 pandemic, general economic, market or business conditions, the amount of fundraising necessary to perform on its business objectives, operational risks, the ability of the Corporation to raise necessary funds for its business objectives, and the outcome of commercial negotiations. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. Although the Company believes that the assumptions and factors on which such forward-looking statements is based are reasonable, undue reliance should not be placed on the forward-looking statements as the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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