Cyberwarfare / Nation-State Attacks , Fraud Management & Cybercrime , Video

CEO Marko on How the Russia-Ukraine War Has Affected Eset

Richard Marko on How Eset Informed the World About Russian Infrastructure Attacks
Richard Marko, CEO, Eset (Image: Eset)

The Russia-Ukraine war has had huge economic consequences for Eset, given that the Slovakian vendor was the largest cybersecurity company in Ukraine and second-largest in Russia.

See Also: Webinar | Everything You Can Do to Fight Social Engineering and Phishing

The decision to stop all sales in Russia following the invasion and a spending slowdown in Ukraine due to the war have hurt Eset, but a surge in spending from countries such as Germany, Italy and the United Kingdom have more than offset the sales hit, CEO Richard Marko says. Having such a big presence in Ukraine allowed Eset to be the first to publish research about the cyberattacks that preceded the physical invasion (see: Russian Sandworm APT Adds New Wiper to Its Arsenal).

"Us being in Ukraine allowed us to be directly at the front of the cybersecurity war that was happening there," Marko says. "And this was really interesting because it was not only about the regular stuff that was happening anywhere, but really the attacks on infrastructure. And those attacks, while directed at Ukraine originally, can be easily deployed anywhere in the world."

In this video interview with Information Security Media Group, Marko also discusses:

  • How Eset has evolved from an endpoint security provider to an XDR provider;
  • How Eset's approach to XDR differs from competitors in the industry;
  • Why automation is essential to making XDR accessible for SMB clients.

Marko began his journey at Eset in 1994 and spent more than 11 years as the company's chief software architect. A co-owner of the company, he also served as chief technology officer from 2008 until his appointment as CEO in 2011. He started his career at Eset during college, co-authored the company's antivirus solution and developed the mechanism of scanning. Marko has delivered lectures about heuristic algorithms, and his research concerning antivirus protection has been published in many countries around the world.

About the Author

Michael Novinson

Michael Novinson

Managing Editor, Business, ISMG

Novinson is responsible for covering the vendor and technology landscape. Prior to joining ISMG, he spent four and a half years covering all the major cybersecurity vendors at CRN, with a focus on their programs and offerings for IT service providers. He was recognized for his breaking news coverage of the August 2019 coordinated ransomware attack against local governments in Texas as well as for his continued reporting around the SolarWinds hack in late 2020 and early 2021.

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