Quick Heal Technologies Ltd News
Quick Heal expects new anti-fraud product to boost its consumer business
Cybersecurity leader Quick Heal Technologies Ltd is optimistic that the launch of the country's first all-in-one fraud prevention solution will boost growth in its consumer business, which currently contributes 62 per cent of its revenue, a company official said on Thursday. The publicly listed company aims to leverage its leadership position to promote its AntiFraud.AI product, targeting individual computer and mobile phone users amid the rising threat of financial fraud. According to the Indian Cybercrime Coordination Centre, Indians lost approximately Rs 1,750 crore to fraudsters in just the first four months of the year, between January and April 2024. "We are very positive about our new anti-fraud cybersecurity product targeted at individual users. This will significantly boost our consumer business in the years to come, which has been facing headwinds," said Quick Heal Managing Director Kailash Katkar, without providing specific growth projections. He explained that before ..
 "Quick Heal expects new anti-fraud product to boost its consumer business")
Quick Heal slumps 10% after posting weak Q2 results; Net profit down 68%
Quick Heal reported a 67.8 per cent decline in consolidated net profit at Rs 4.15 crore
 "Quick Heal slumps 10% after posting weak Q2 results; Net profit down 68%")
Quick Heal rolls out India's first anti-fraud AI solution; shares fly 9%
Quick Heal share price surged after the company announced that it has rolled out India's first fraud prevention solution, AntiFraud.AI. Quick Heal also highlighted that the solution is 'Made in India.
 "Quick Heal rolls out India's first anti-fraud AI solution; shares fly 9%")
Regulatory frameworks essential in cybersecurity space: Quick Heal CEO
Regulations play a vital role in shaping the cybersecurity landscape by setting clear standards for protecting sensitive data and ensuring accountability across industries, said Vishal Salvi, CEO of Quick Heal Technologies. In an interview with PTI, Salvi highlighted the importance of frameworks and said that they are essential for ensuring data protection and fostering trust between businesses and consumers. "In today's interconnected world, rules like the (Digital Personal Data Protection Act) DPDP Act and global privacy regulations are vital to ensuring data protection and promoting trust among businesses and consumers," he said on the sidelines of the company's latest launch. Quick Heal Technologies on Thursday launched an AI-based fraud prevention solution--AntiFraud.AI. It is available on Android, iOS, and Windows, at an introductory offer price of Rs 750/year. The Made in India solution offers several protection features like fraud call alerts, banking fraud alerts, fraud ap
 "Regulatory frameworks essential in cybersecurity space: Quick Heal CEO")
