European cybersecurity vendor FS Group is expanding into the Eastern European and Nordic markets. With experience in over 500 cyber incidents, including DDoS attacks, phishing, and forensic investigations, FS Group provides cybersecurity products and services to B2B and B2G sectors.
Through its US partner, Cyber Seals, the company also operates in the North American market, offering solutions that use Big Data to help businesses safeguard their assets from cyber threats.
Growing cybersecurity threat in Eastern European and Nordic regions
Leveraging its robust partnerships and proven track record in mitigating threats to critical infrastructure, especially in Ukraine, FS Group aims to bring its expertise to the new regions.
Both are ripe for expansion and innovation. In 2024, Poland was ranked the most cyber-attacked country globally, with over 1,000 attacks per week targeting organizations, according to the US International Trade Administration.
According to a recent research, the problem is also acute in Sweden, with 59% of the local organizations suffering at least one cyberattack, with brand and reputation damage being the most cited consequence. In Finland, the growing occurrence of cyber attacks prompted the government to increase its cyber-AI defense spending by 30% to €280 million in 2024.
According to the data on stealer logs, Poland has the largest number of records relying on the geo TLD (top-level domain) filter. The number of records by geo attribute in the domain name structure is the highest in Poland, with Sweden being in the top 7.
“Our expansion into Eastern European and Nordic regions marks a significant milestone for FS Group,” said Serhii Yevchuk, CEO of FS Group. “We are confident that our experience in combating sophisticated cyber threats, particularly in the Ukrainian context, will be invaluable to businesses in these markets.”
Advanced threat intelligence and innovative solutions
FS Group’s expansion strategy centers on building a strong presence in each country by fostering a robust network of resellers, MSP, and MSSP partners. The company will deepen its existing collaborations with key partners to maximize market penetration and revenue generation. This is supported by FS Group’s global network of esteemed partners, including ITGRC, CSAI, ST&T, Smiddle, CyberMatrix, CyberSeals, SEBITU, CyberPro, and others, who play a crucial role in enhancing global cybersecurity. These partners promote and share FS Group’s products worldwide.
Through these partnerships, FS Group will showcase its advanced threat intelligence and incident response capabilities, including the flagship product, Platform Blue. This powerful web browser-based platform offers law enforcement, military, government, and intelligence professionals access to the world’s most complete set of threat data.
Additionally, FS Group introduces Steal Insight, a product designed to proactively combat the growing threat of info-stealers and safeguard the organization’s most valuable assets. By continuously monitoring the DarkWeb and analyzing stolen data, Steal Insight provides unparalleled visibility into security posture, helping businesses stay ahead of cyber threats.
“I am confident that our product, Steal Insight, will soon gain significant traction in the market. In the face of growing threats from infostealers, our solution is designed to mitigate the risks associated with the unauthorized use of user data, often obtained through illicit means. This technology will play a crucial role in helping organizations protect their information and reduce vulnerabilities, ensuring data integrity and security in today’s rapidly evolving cyber landscape”, adds Viktor Derypasko, Chief Business Development Officer of FS Group
With Steal Insight, companies can detect compromised credentials, prevent data breaches, and ensure compliance with stringent data protection regulations such as GDPR. Tailored for businesses of all sizes, it offers a user-friendly interface and customizable alerts to protect your employees, customers, and bottom line from the devastating consequences of data breaches.
Commitment to regional growth and excellence in service
FS Group’s deep understanding of regional regulatory environments, facilitated by legally recognized partners, enhances compliance and risk management for businesses operating in multiple regions. This scalability and flexibility make FS Group an ideal cybersecurity partner for businesses looking to expand globally or operate across various regions.
FS Group already employs local country managers in Nordic countries and Eastern Europe with more than 15 years of experience. The teams assigned to these markets also comprise highly skilled experts with the required certifications and licenses.
“Our expansion into Eastern Europe and Nordic Countries is a pivotal step in the company’s mission to fortify global cybersecurity,” said Valerie Kuzmenko, Chief Marketing Officer of FS Group. ” By bringing our battle-tested expertise and leveraging a strong network of international partners, we are poised to deliver products and services that meet the unique needs of these dynamic markets.”
FS Group’s technical team is regularly trained and upskilled according to the best global cybersecurity practices and frameworks, especially in threat intelligence, ensuring the highest quality of service. The team ensures business continuity and product or service delivery due to the diversified team working in different European locations. The cost of services offered by FS Group is within the market range, providing end customers with competitive pricing without compromising on quality.
FS Group has real-life experience in battling the most sophisticated cyber threats, particularly in the context of the ongoing cyberattacks in Ukraine. In 2022 alone, Ukraine faced more than 2,194 significant cyber incidents, per CSIS. These attacks targeted various sectors, including government, military, energy, telecommunications, FinTech, InsurTech, Banking, Medicine, and Healthcare.
Through dealing with an avalanche of such incidents, FS Group has developed strong expertise in mitigating advanced persistent threats and protecting critical infrastructure. This includes sophisticated encryption methods and robust incident response mechanisms, which have helped withstand a multitude of cyber offensives.
