Group-IB, one of the global leaders in cybersecurity, is pleased to announce that it has signed a partnership agreement with sirar by stc, a cutting-edge Saudi cybersecurity provider. The agreement was signed in the presence of Mohammad Flaifel, Group-IB’s Regional Sales Manager for Saudi Arabia, and Abdulrahman Al Manea, Chief Product and Marketing Officer of sirar by stc, in the Saudi capital, Riyadh.
The agreement paves the way for Group-IB to provide its full stack of threat hunting and intelligence solutions, recognized as some of the best in class by Gartner, IDC, Frost & Sullivan, and KuppingerCole Analysts AG, to sirar by stc to bolster the cybersecurity options available to companies and organizations in Saudi Arabia. These solutions include Group-IB’s best of breed Attack Surface Management and Digital Risk Protection solutions. sirar by stc will be able to offer Group-IB’s solutions as a managed service to their customers, to ensure that they have better visibility on their attack surface.
“Group-IB is delighted to deepen its cooperation with sirar by stc, a leading player in Saudi Arabia’s digital security transformation. Group-IB considers this to be a milestone achievement for the company. Group-IB is looking forward to offering its sector-leading expertise and extensive knowhow to sirar by stc, and we will look to enrich the services catalog that sirar by stc provides to its trusted clients. We see this partnership as a way to contribute to the continuing uptick in cybersecurity benchmarks in Saudi Arabia,” Ashraf Koheil, Group-IB’s Regional Sales Director META, said.
“Our partnership with Group-IB underscores our continued commitment towards enhancing the cybersecurity detection and protection within the Kingdom of Saudi Arabia. This collaboration allows sirar by stc to provide best in class Attack Surface Management and Digital Risk Protection to our customers, allowing them with the confidence to identify and protect against threats that might impact their business.” Abdulrahman Al Manea. Chief Product and Marketing Officer from sirar by stc, said.
“The Kingdom of Saudi Arabia’s digital transformation is in full effect. Saudi Arabia recently ranked second globally in the cybersecurity index of the International Institute for Management Development’s World Competitiveness Yearbook, and the success of events such as the recent Black Hat MEA exhibition in Riyadh are clear for all to see. Group-IB is looking forward to playing a role in this transformation, and our agreement with sirar by stc will see Group-IB contribute to raising cybersecurity standards in the country,” Mohammad Flaifel, Group-IB’s Regional Sales Manager for Saudi Arabia, said.
Group-IB has actively tracked emerging online threats targeting users in Saudi Arabia. According to Group-IB analysis, in 2022 alone, the credentials of more than 690,000 users in MEA were stolen by cybercriminals who leveraged RedLine Stealer and other malware types. Threat actors also set their sights on several of the region’s top banking applications, using TeaBot, ERMAC, Coper, and Hydra Android malware types.
Group-IB is also aiding in the efforts to stop the proliferation of scams in Saudi Arabia. According to the Global Anti Scam Alliance, the number of scams is growing more than 10% year on year, and the same report also revealed that users in Saudi Arabia are targeted by the most phishing scams in the Middle East. Group-IB recently unveiled its research into a wide-scale phishing campaign that saw cybercriminals create more than 1,000 domains impersonating a leading manpower agency in Saudi Arabia in an attempt to steal the banking credentials of users. In line with Group-IB’s zero tolerance policy to cybercrime, these findings were shared with the Saudi Computer Emergency Response Team (CERT-SA).
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