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ESET Reports 9% Growth, Clocks €691M in 2024 Revenue
ESET Reports 9% Growth, Clocks €691M in 2024 Revenue

Channel Post MEA

time04-07-2025

  • Business
  • Channel Post MEA

ESET Reports 9% Growth, Clocks €691M in 2024 Revenue

ESET announced its financial results, with global revenue growth reaching 9 per cent year-on-year to €691 million, led by the EMEA region at 15 per cent. 'While many speak of long-term vision and longevity, few live it. 2024 saw ESET's third consecutive decade of growth — a rare milestone in the technology sector, and one that reflects our progressive mindset, customer trust, and product excellence,' said Richard Marko, CEO of ESET. 'We saw particularly strong momentum in the EMEA region, where our cybersecurity solutions continue to gain traction. This was further reflected by strong performance within our B2B segment, where overall revenue grew by 13 per cent, Enterprise grew by 21 per cent and ESET Services experienced exceptional growth of 56 per cent. As threats evolve, so does our commitment to meeting our customers' need for innovation and resilience.' R&D delivers immediate AI benefits for threat detection and response In 2024, ESET's 847-member-strong technologists and Global Research and Development team worked to revamp ESET LiveGuard Advanced (ELGA), our proprietary cloud-based security module that uses behavioral analysis to prevent targeted attacks and new or unknown threats. This essential work also leveraged our latest developments in Artificial Intelligence (AI), advancing both scanning and filtering and further reducing ELGA's computing requirements in comparative tests. Further development of ESET AI capabilities in 2024 saw us introduce ESET AI Advisor, which allows detection and response teams to leverage multi-agentic AI in incident response and risk analysis. This empowers organizations to fully capitalize on extended detection and response (XDR), taking care of threats before they have a chance to become full-scale security incidents. ESET AI Advisor has also been built into ESET Inspect, the company's XDR-enabling module of the ESET PROTECT Platform, which proved its worth during MITRE's 2024 Enterprise ATT&CK® Evaluations. 'Our long-term investment in research and development continues to benefit an increasing number of customers and make a profound impact,' said Richard Marko. 'Threat actors are making increased use of artificial intelligence and automated tooling; in turn, ESET's attention to, and investment in, AI have not only helped us counter those malicious forces, but have boosted revenue growth in 2024, in particular within the B2B segment.' Threat research and threat intelligence, usability, and defense enhanced for business customers and service partners ESET Research remains at the core of our efforts, informing not only the prevention-enhancing capabilities and R&D of our products (such as ESET Threat Intelligence), but also providing a better understanding of the threat landscape and empowering business and consumer security, globally. ESET Research Highlights: Among our many successes are the research pieces pursued by our award-winning Malware and Threat Research team. Of note are: The discovery of Operation Texonto, a Russian-aligned disinformation and PSYOPs operation targeting Ukrainian readers — including a Ukrainian defense provider and an EU agency Identification of NGate malwarethat enables attackers to clone near-field communication data from victims' physical payment cards to target banking customers Examination of the actions of the Russian-aligned GamaredonAPT group and GoldenJackal cyber espionage group that are operating in Ukraine and conducting attacks across Europe Research publication on RedLine Stealer'sbackend modules as part of the joint investigation into the MaaS group's activities with Dutch police, the FBI, and Eurojust in late 2024. 'In 2024, ESET deepened relationships with several significant government customers and added new partnerships, particularly in the field of cyber threat intelligence. The dividends show as we continue to work closely with law enforcement partners, including Europol, ENISA, and CISA, to help defend businesses, individuals, and societies,' said Roman Kovac, Chief Research Officer at ESET. A great dividend of research on our ongoing product development efforts in 2024 was the introduction of two managed detection and response (MDR) services — one for SMBs and one for enterprises — while also securing several strategic partnerships. This investment contributed to double-digit revenue growth in the SMB and MSP spaces, as well as in the Enterprise segment. This growth was also reflected by our sharpened strategies addressing the complex cybersecurity needs of large enterprises, critical infrastructure, and government institutions. This, too, can be seen in ESET Corporate Solutions' accelerated delivery of tailored solutions for high-stakes environments. Among the developed or expanded partnerships in 2024 were: Progress. Protected. In 2024, ESET continued to redefine what is possible in cybersecurity through cutting-edge research and development. At the heart of this innovation is our deep commitment to AI and machine learning — powering smarter, faster, and more adaptive threat detection systems. Through continuous collaboration with academia and relentless in-house innovation, ESET ensures that our AI-powered solutions not only meet today's cybersecurity demands, but anticipate tomorrow's. Moving forward, ESET's commitment to a cloud-first strategy, robust managed detection and response (MDR) capabilities, and AI-native prevention-first technologies remains central to its vision — ensuring resilience, adaptability, and leadership in an increasingly sophisticated threat landscape. For further information about ESET's successes in 2024, please read the full 2024 ESET Annual Report here.

ESET Annual Report 2024: Profit and revenue growth continues, R&D investment delivers strong returns
ESET Annual Report 2024: Profit and revenue growth continues, R&D investment delivers strong returns

Mid East Info

time04-07-2025

  • Business
  • Mid East Info

ESET Annual Report 2024: Profit and revenue growth continues, R&D investment delivers strong returns

ESET, a global leader in cybersecurity solutions, today announced its financial results, with significant growth in key regions and markets, continuing profitability, and ongoing investment in science-led innovation. 'While many speak of long-term vision and longevity, few live it. 2024 saw ESET's third consecutive decade of growth — a rare milestone in the technology sector, and one that reflects our progressive mindset, customer trust, and product excellence,' said Richard Marko, CEO of ESET. 'We saw particularly strong momentum in the EMEA region, where our cybersecurity solutions continue to gain traction. This was further reflected by strong performance within our B2B segment, where overall revenue grew by 13 per cent, Enterprise grew by 21 per cent and ESET Services experienced exceptional growth of 56 per cent. As threats evolve, so does our commitment to meeting our customers' need for innovation and resilience.' R&D delivers immediate AI benefits for threat detection and response In 2024, ESET's 847-member-strong technologists and Global Research and Development team worked to revamp ESET LiveGuard Advanced (ELGA), our proprietary cloud-based security module that uses behavioral analysis to prevent targeted attacks and new or unknown threats. This essential work also leveraged our latest developments in Artificial Intelligence (AI), advancing both scanning and filtering and further reducing ELGA's computing requirements in comparative tests. Further development of ESET AI capabilities in 2024 saw us introduce ESET AI Advisor, which allows detection and response teams to leverage multi-agentic AI in incident response and risk analysis. This empowers organizations to fully capitalize on extended detection and response (XDR), taking care of threats before they have a chance to become full-scale security incidents. ESET AI Advisor has also been built into ESET Inspect, the company's XDR-enabling module of the ESET PROTECT Platform, which proved its worth during MITRE's 2024 Enterprise ATT&CK® Evaluations. 'Our long-term investment in research and development continues to benefit an increasing number of customers and make a profound impact,' said Richard Marko. 'Threat actors are making increased use of artificial intelligence and automated tooling; in turn, ESET's attention to, and investment in, AI have not only helped us counter those malicious forces, but have boosted revenue growth in 2024, in particular within the B2B segment.' Threat research and threat intelligence, usability, and defense enhanced for business customers and service partners ESET Research remains at the core of our efforts, informing not only the prevention-enhancing capabilities and R&D of our products (such as ESET Threat Intelligence), but also providing a better understanding of the threat landscape and empowering business and consumer security, globally. ESET Research Highlights: Among our many successes are the research pieces pursued by our award-winning Malware and Threat Research team. Of note are: The discovery of Operation Texonto, a Russian-aligned disinformation and PSYOPs operation targeting Ukrainian readers — including a Ukrainian defense provider and an EU agency Identification of NGate malwarethat enables attackers to clone near-field communication data from victims' physical payment cards to target banking customers Examination of the actions of the Russian-aligned GamaredonAPT group and GoldenJackal cyber espionage group that are operating in Ukraine and conducting attacks across Europe Research publication on RedLine Stealer'sbackend modules as part of the joint investigation into the MaaS group's activities with Dutch police, the FBI, and Eurojust in late 2024. 'In 2024, ESET deepened relationships with several significant government customers and added new partnerships, particularly in the field of cyber threat intelligence. The dividends show as we continue to work closely with law enforcement partners, including Europol, ENISA, and CISA, to help defend businesses, individuals, and societies,' said Roman Kovac, Chief Research Officer at ESET. A great dividend of research on our ongoing product development efforts in 2024 was the introduction of two managed detection and response (MDR) services — one for SMBs and one for enterprises — while also securing several strategic partnerships. This investment contributed to double-digit revenue growth in the SMB and MSP spaces, as well as in the Enterprise segment. This growth was also reflected by our sharpened strategies addressing the complex cybersecurity needs of large enterprises, critical infrastructure, and government institutions. This, too, can be seen in ESET Corporate Solutions' accelerated delivery of tailored solutions for high-stakes environments. Among the developed or expanded partnerships in 2024 were: Progress. Protected. In 2024, ESET continued to redefine what is possible in cybersecurity through cutting-edge research and development. At the heart of this innovation is our deep commitment to AI and machine learning — powering smarter, faster, and more adaptive threat detection systems. Through continuous collaboration with academia and relentless in-house innovation, ESET ensures that our AI-powered solutions not only meet today's cybersecurity demands, but anticipate tomorrow's. Moving forward, ESET's commitment to a cloud-first strategy, robust managed detection and response (MDR) capabilities, and AI-native prevention-first technologies remains central to its vision — ensuring resilience, adaptability, and leadership in an increasingly sophisticated threat landscape. For further information about ESET's successes in 2024, please read the full 2024 ESET Annual Report here. About ESET ESET® provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of emerging global cyberthreats, both known and unknown— securing businesses, critical infrastructure, and individuals. Whether it's endpoint, cloud or mobile protection, our AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multifactor authentication. With 24/7 real-time defense and strong local support, we keep users safe and businesses running without interruption. The ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network. For more information, visit or follow our social media, podcasts and blogs.

ESET Launches Ransomware Remediation and AI Advisor Updates at ESET World 2025 - Middle East Business News and Information
ESET Launches Ransomware Remediation and AI Advisor Updates at ESET World 2025 - Middle East Business News and Information

Mid East Info

time27-03-2025

  • Business
  • Mid East Info

ESET Launches Ransomware Remediation and AI Advisor Updates at ESET World 2025 - Middle East Business News and Information

ESET, a global leader in cybersecurity solutions, today released new updates for the ESET PROTECT Platform, including Ransomware Remediation, a new way to prevent ransomware encryption from causing long-term business disruption, as well as new functionalities for ESET Cloud Office Security and the ESET AI Advisor. These new cybersecurity features were launched at ESET World 2025, which took place in Las Vegas from March 24 to 26, 2025, at the ARIA Resort & Casino. As ransomware attacks increase in sophistication, threat actors seek to undermine nearly all areas of business security and stability. One well-known and -used attack is encryption, which prevents you from accessing your device and the data stored on it. Causing costly process disruption, and ultimately forcing firms to pay to decrypt their systems, threat actors often target system backups, such as Volume Shadow Copy, by immediately deleting or corrupting them. This makes recovery nearly impossible and drives up remediation costs. Building on ESET LiveSense, ESET's next-gen Ransomware Remediation feature works in concert with Ransomware Shield to immediately create backups until the system confirms whether the suspicious activity is malicious or benign. If malicious, Ransomware Shield will kill the process and roll back the files from the newly created secure backups. If benign, the backups created can be discarded. Unlike other solutions, Ransomware Remediation has its own protected storage section on the drive, where files cannot be modified, corrupted, or deleted by the attacker. This differentiator actively solves one of the most common failings of regular backups during a ransomware attack. As a free addition for customers signed up for the ESET PROTECT Advanced tier and above, Ransomware Remediation is available for Windows-based systems. 'ESET has a history of innovation in mitigating ransomware, both in the context of our endpoint security platform, our service offerings such as ESET MDR, and our part in the 'No More Ransom' initiative, which partners with law enforcement and IT Security companies to disrupt cybercriminal businesses with ransomware connections,' said Michal Jankech, Vice President, Enterprise & SMB/MSP at ESET. 'ESET's Ransomware Remediation delivers comprehensive Ransomware defense, from encryption, theft and data holding. Easy to use, ESET's Ransomware Remediation offers businesses peace of mind as we help them in the fight against ransomware.' Email Security and AI Advisor Updates ESET has added anti-spoofing and homoglyph protection to its ESET Cloud Office Security module, preventing attackers from pretending to be trusted sources while also identifying their efforts to disguise malicious domains or URLs through letter substitution from other alphabets. Moreover, ESET Cloud Office Security now also has an email clawback feature, enabling swift recall and quarantine of any delivered emails deemed suspicious. New dashboards are visually enhanced and include fully customizable tabs and components that fit a user's specific needs. ESET has also expanded the availability of AI Advisor to its EDR/XDR customers, including those with ESET PROTECT Enterprise, ESET PROTECT Elite, and ESET PROTECT MDR subscriptions – while making performance updates. By investing in AI, businesses are able to access SOC-level advisory, enabling enhanced security analyst workflows. Unlike other vendor offerings and typical generative AI assistants that focus on soft features like administration or device management, ESET AI Advisor seamlessly integrates into the day-to-day operations of security analysts. This is a gamechanger for companies with limited IT resources that want to utilize the advantages of advanced XDR solutions and threat intelligence feeds. For more information about the ESET LiveSense technologies used by the ESET PROTECT Platform, please visit here. For more information about the ESET PROTECT Platform, please visit our dedicated webpage. For more information about ESET Cloud Office Security and the ESET AI Advisor, please visit our webpage and our AI blog. To discover how ESET has been handling ransomware, please read ESET MDR success stories and ESET Inspect's preventive power. About ESET: ESET® provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of emerging global cyberthreats, both known and unknown— securing businesses, critical infrastructure, and individuals. Whether it's endpoint, cloud or mobile protection, our AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multifactor authentication. With 24/7 real-time defense and strong local support, we keep users safe and businesses running without interruption. The ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network.

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