Quick Heal to invest $2 million in Israeli cybersecurity firm

Quick Heal to invest $2 million in Israeli cybersecurity firm
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Indian cybersecurity firm Quick Heal Technologies Ltd on Thursday said that it will invest $2 million (approximately ₹14 crores) in L7 Defense, an Israel based cybersecurity start-up that specialises in Application Program Interface (API) Security and Next Generation Web Application Firewall (NG-WAF).
Quick Heal had earlier invested $300,000 in L7 Defense during the previous financial year. Following the announcement Quick Heal's share prices went up by up to 7% to reach ₹179.65.
API Security has emerged as one of the key cybersecurity concern for enterprises and is expected to be one of the most common attack vectors in 2022.

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