Dubai — 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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About Group-IB
Group-IB, with its headquarters in Singapore, is one of the leading solutions providers dedicated to detecting and preventing cyberattacks, identifying online fraud, investigating high-tech crimes, and protecting intellectual property. The company’s Threat Intelligence and Research Centers are located in the Middle East (Dubai), Asia-Pacific (Singapore), and Europe (Amsterdam).
Group-IB’s Unified Risk Platform is an ecosystem of solutions that understands each organization’s threat profile and tailors defenses against them in real time from a single interface. The Unified Risk Platform provides complete coverage of the cyber response chain. Group-IB’s products and services consolidated in Group-IB’s Unified Risk Platform include Group-IB’s Threat Intelligence, Managed XDR, Digital Risk Protection, Fraud Protection, Attack, Surface Management, Business Email Protection, Audit & Consulting, Education & Training, Digital Forensics & Incident Response, Managed Detection & Response, and Cyber Investigations. Group-IB’s Threat Intelligence system has been named one of the best in its class by Gartner, Forrester, and IDC. Group-IB’s Managed XDR, intended for proactively searching for and protecting against complex and previously unknown cyber threats, has been recognized as one of the market leaders in the Network Detection and Response category by KuppingerCole Analysts AG, the leading European analyst agency, while Group-IB itself has been recognized as a Product Leader and an Innovation Leader. Gartner has named Group-IB a Representative Vendor in Online Fraud Detection for its Fraud Protection. In addition, Group-IB was granted Frost & Sullivan’s Innovation Excellence award for Digital Risk Protection (DRP), an Al-driven platform for identifying and mitigating digital risks and counteracting brand impersonation attacks, with the company’s patented technologies at its core. Group-IB’s technological leadership and R&D capabilities are built on the company’s 19 years of hands-on experience in cybercrime investigations worldwide and over 70,000 hours of cybersecurity incident response accumulated in our leading DFIR Laboratory, High-Tech Crime Investigations Department, and round-the-clock CERT-GIB.
Group-IB is an active partner in global investigations led by international law enforcement organizations such as Europol and INTERPOL. Group-IB is also a member of the Europol European Cybercrime Centre’s (EC3) Advisory Group on Internet Security, which was created to foster closer cooperation between Europol and its leading non-law enforcement partners.
Group-IB's experience in threat hunting and cyber intelligence has been fused into an ecosystem of highly sophisticated software and hardware solutions designed to monitor, identify, and prevent cyberattacks. Group-IB's mission is to protect its clients in cyberspace every day by creating and leveraging innovative solutions and services.
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About sirar by stc
sirar by stc is an advanced technology and cybersecurity company established by stc, the region’s ICT and digital services provider, sirar by stc is a cutting-edge cybersecurity provider that empowers organizations to take control of their cyber capabilities and digital environments. As experts in business security and privacy, sirar by stc offers a comprehensive range of solutions that help users operate online safely, securely, and efficiently. The tools sirar by stc provide help organizations detect and prevent cybersecurity attacks, safeguarding users’ digital future, and providing shielded and secure from this point forward.
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