GCC nations spend 66 per cent more than the global average each time there is a data breach, according to a new study, and analysts are issuing a stark warning.
Funding Meets Soaring Demand for Early Detection and Response to Information Security Threats
Attivo Networks®, the leader in deception solutions for cybersecurity defense, today announced it has raised $21 million in Series C venture capital funding. The funding round was led by Trident Capital Cybersecurity with participation from existing investors Bain Capital Ventures and Omidyar Technology Ventures.
The round of funding follows a $15 million Series B financing in May, representing $36 million raised in the last five months and a collective total of $45.7 million overall.
Collaboration Leverages “Deception-based” solutions to Drive More Effective Security across the region
Attivo Networks®, the leader in deception for cybersecurity threat detection today announced a strategic partnership and technology integration with Help AG, a leading information security services and solutions provider in the Middle East. This partnership will enable both, Attivo Networks and Help AG to provide organizations access to comprehensive and next-generation deception solutions in the Middle East to equip them with the essential ability to proactively mitigate threats and address their most critical security challenges.
Attivo Networks has announced a strategic partnership and technology integration with Help AG, an information security services and solutions provider in the Middle East. This partnership will enable both, Attivo Networks and Help AG to provide organisations access to “comprehensive and next-generation deception solutions” in the Middle East to equip them with the essential ability to proactively mitigate threats and address their most critical security challenges. As part of the agreement, Help AG will also integrate deception solutions by Attivo Networks within its own cybersecurity operations centre to further enhance the capabilities of their Managed Security Services (MSS) offering.
Researchers at the US cybersecurity company FireEye have discovered that hackers have begun to probe the defences of banks in the Middle East by targeting bank employees with malware-infected emails to collect information about bank networks and user accounts.
The company started an investigation into the cyberattack in February in which hackers were able to steal $81 million from Bangladesh’s central bank. FireEye found no apparent connection between that attack and the similar attacks against banks in Vietnam and Ecuador. Currently in all three cases the hackers responsible for the attacks are unknown.
Dubai: Businesses in the Middle East are more likely to have suffered an incident related to cybercrime, according to a report by consulting firm PricewaterhouseCoopers.
85 per cent said of Middle East respondents said they have been attacked, compared to the global average of 79 per cent.
Around 18 per cent of respondents in the region have experienced more than 5,000 attacks, compared to a global average of only nine per cent — which is higher than in any other region.
The report states that companies, especially in the Middle East, often find it difficult to identify when an attack has taken place: many only discover it when third parties or clients report suspicious messages or requests for funds.
In 2015, 38 per cent more security incidents were detected in the Middle East than in 2014.
By Carolyn Crandall, CMO Following close on the heels of Attivo’s opening a Middle East office, the company is participating with our new value-added distributor partner Starlink on its ambitious sixth annual Starlink IT Security Roadshow, which is covering eight locations in 21 days throughout the Middle East. Starlink, a leading IT compliance, and next-generation …
Attivo Networks® today announced that it will be participating in a Starlink IT Security seven country roadshow throughout the Middle East during the month of April. Starlink is a leading IT compliance and next-generation threat driven solutions provider that currently secures critical enterprise assets for more than 1000 customers worldwide. Its security partnership span data center and cloud; data governance; risk analytics; and threat protection and include some of the most respected companies in security including IBM®, Dell®, BlueCoat®, Palo Alto Networks®, Trend Micro®, Air Patrol®, FireEye®, and Splunk®.