6th June, 2023 - Singapore - Wedge Networks, an innovation leader in Real-Time Threat Prevention solutions, today announced the General Availability (GA) of WedgeIQ™ Nucleation Edition, an innovative, continuous machine-learning based Security Operations, Incident, and Event Management (SIEM) and analytics engine, at Asia Tech x Singapore, Asia’s premier tech event.
Developed as a licensable component of the advanced WedgeARP™ software platform, WedgeIQ™ Nucleation Edition offers a potent response to today's pressing cybersecurity challenges, particularly the increasingly sophisticated, never-before-seen malware that outmaneuvers current defense systems where Wedge’s patented continuous AI engines are continuously learning to respond to such attacks.
Leveraging a scalable data analytics engine and cutting-edge AI/Machine Learning algorithms, WedgeIQ™ Nucleation Edition introduces a new level of actionable analytics and autonomous data capture to the cybersecurity landscape, pioneering the future of Intelligent Security Operations Centers.
Key features of WedgeIQ™ Nucleation Edition include:
This successful launch is the product of comprehensive collaboration between Wedge Networks and esteemed R&D partners, including the University of Calgary, University of Alberta, NRC, Alberta Innovate, and Wedge’s leading commercial partners.
The innovation was tested through the Government of Canada’s Innovative Solutions Canada program’s military track. During this project, CENGN (Canada’s Centre of Excellence in Next Generation Networks) evaluated WedgeIQ on its real-time cyber threat prevention and the integration of AI and machine learning to autonomously produce decision analytics on incoming traffic.
“The importance of cybersecurity continues to grow as the world becomes more dependent on digital technologies, and operations become digitalized. In Canada alone cyber-attacks and data breaches cost Canadians collectively an estimated $3.12 billion a year,” said Alex Edwards, Business Engineering Manager at CENGN. “To see a promising Canadian cybersecurity company like Wedge effectively merge AI/ML and data fusion technologies to substantially enhance their cyber solution is exciting for our innovation community. After rigorously assessing WedgeIQ we confirmed the solution successfully demonstrated the functionality of its critical services and passed all test objectives.”
Dr. Hongwen Zhang, CEO & CTO and Co-founder of Wedge, expressed, "WedgeIQ™ is designed to automate the advanced machine learning process for large-scale security operations, information, and event management in both closed and open environments. We're honored to have had the opportunity to test this innovation with Shared Services Canada through the Innovative Solutions Canada program."
Dr. Husam Kinawi, Chief Scientist and Co-founder of Wedge, added, "We are very impressed by CENGN's testing facilities, methodology, and rapid feedback to our product development team. This collaboration has resulted in a superior product that has been well received by Wedge's customers, especially government departments.”
About Wedge Networks
Wedge Networks Inc. (“Wedge”) 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
For media enquiries contact: PR@wedgenetworks.com
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