WALLIX is Awarded 900k Euros for its OSCAR Project, One of 11 Companies Chosen within the French Government's Billion-Euro Cybersecurity challenge
Paris, February 18th, 2021 – Cyberattacks have become part of everyday media life around the world. Furthermore, since the beginning of the pandemic, the number of cyberattacks is increasing all around the world, specifically against governments and health institutions. Between February and March 2020, the number of malicious websites selling false healthcare supplies to fight against Covid-19 increased by 569%, according to Interpol.
In France, according to the government’s cybersecurity department called ANSSI, cyberattacks against the most sensitive companies and administrations increased fourfold last year, and have become weekly attacks against hospitals since the beginning of this year.
Faced with this threat, the French government presented on Thursday 18 February a 1 billion euro plan to strengthen the country’s cyber security by 2025. This ambitious plan shows that France has taken the measure of what is at stake and that it considers the protection of its citizens, businesses and infrastructures as a major priority.
As part of this recovery plan, in December 2019 the French government launched the Grand Défi Cyber, whose aim is to tackle cyber risk by investing in the development of breakthrough technologies and encouraging the accelerated emergence of leading players in their field. WALLIX is one of the 11 labelled companies that have received a total amount of aid of €8.6M, including €900,000 for WALLIX’s OSCAR project.
WALLIX participated in the Grand Défi Cyber with its R&D project named OSCAR aiming at federating different security bricks allowing the automation of the detection and prevention of cyber risks.
“Being a winner of the Grand Défi Cyber is for us a real recognition of our expertise and our ability to innovate. OSCAR demonstrates the need for interoperable solutions on the cyber security market and underlines the importance of federating and cross-administrating these solutions to create a true ecosystem that is resilient and reactive to multifaceted cyber threats. “explains Jean-Marc Guyot, Vice President of R&D at WALLIX.
“With the COVID crisis, the digital transition of companies, all public services and all French people has experienced an unprecedented acceleration. This development of digital uses has been accompanied by greater exposure to cyber attacks, with devastating consequences for our economy and our sovereignty, and has increased our dependence on foreign solutions. However, this situation is not inevitable. The Grand Défi Cyber Challenge is formal proof that France is a land of cybersecurity and innovation. It has companies that are experts in the field, with a competitive advantage in that they are fully aware of the importance of data protection. More generally, we Europeans have the opportunity to become an international leader in this new digital age and WALLIX is proud to be part of it. “comments Jean-Noël de Galzain, founder and CEO of WALLIX.
A software company providing cybersecurity solutions, WALLIX is the European specialist in Identity and Access Security Solutions. WALLIX’s unified solutions portfolio enables companies to respond to today’s data protection challenges. WALLIX solutions guarantee detection of and resilience to cyberattacks, which enables business continuity. The solutions also ensure compliance with regulatory requirements regarding access to IT infrastructures and critical data. The portfolio of unified solutions is distributed through a network of more than 180 resellers and integrators worldwide. Listed on the Euronext (ALLIX), WALLIX supports more than 1,200 organizations in securing their digital transformation. WALLIX is a founding member of the HEXATRUST group and has been included in the Futur40, the first ranking of growth companies on the stock exchange published by Forbes France, and is part of the Tech 40 index.
WALLIX affirms its digital responsibility and is committed to contributing to the construction of a trusted European digital space, guaranteeing the security and confidentiality of data for organizations as well as for individuals concerned about the protection of their digital identity and privacy. Digital technology, whether for professional or personal use, must be ethical and responsible in order to pursue a secure societal digital transformation that respects individual freedoms.
+44 (0)207 559 5623 / +33 (0)7 77 00 56 52 / email@example.com
ACTUS Finance & Communication
Investor Relations – Olivier Lambert
+33 (0)1 53 67 36 33 / firstname.lastname@example.org
Press Relations – Nicolas Bouchez
+33 (0)1 53 67 36 74 / email@example.com