SISA to launch a new suite of Managed Detection and Response solutions to counter ransomware threats and host an exclusive, closed-door session on ‘Ransomware Prevention and Rapid Recovery’ designed for CXOs and CISOs, at the summit.
Bahrain – 6 December 2022: The Arab International Cybersecurity Summit (AICS), the largest convention in the region, for regulators, industry professionals and solution providers to discuss and devise cybersecurity strategies, is being held from 6-8 December at Exhibition World Bahrain. With the central theme as ‘Empowering Global Cooperation in Cybersecurity’, the Summit will bring together top cybersecurity experts from around the world to discuss current cyber threats and strategies to improve cyber resilience.
SISA, a global forensics-driven cybersecurity solutions company, is delighted to participate in the AICS, and showcase its expertise and thought leadership on emerging trends and evolving threat landscape. A leading global PCI Forensic Investigator (PFI), SISA has been at the forefront of helping businesses across the globe secure their IT infrastructure with its suite of detective and preventive IP-led cybersecurity solutions.
Organizations across the Middle East are increasingly shifting towards a digital-first, cloud-based strategy. The rising pace of digitization has opened doors to frequent and more complex cyber-attacks. A telling statistic can be found in the increasing number of cyberattacks in the region. It is a 71% increase in 2021 (YoY), vis-à-vis a 50% increase globally.
Dharshan Shanthamurthy, Founder & CEO, SISA, said, “The AICS is a regional showpiece for cybersecurity, that brings together the innovative minds, decision-makers, thought leaders, policy makers and solution providers, who will discuss, debate and dive deep into the pressing issues and challenges confronting organizations today. SISA is really excited to be a part of this conclave and we look forward to expanding our contribution in the region through new partnerships and opportunities. We’d also like to congratulate the National Cyber Security Centre (NSCC), Kingdom of Bahrain and the advisory board for putting up this informative summit. “
The Middle East region has seen a barrage of cyber-attacks following the global pandemic, with countries such as UAE being the prime target. Amongst all the incidences, Ransomware has emerged as the main financial artery of the cybercriminal world, driven by the increasing number of initial access brokers who sell access to companies and the expansion of Ransomware-as-a-Service (RaaS) affiliate programs. Research indicates that 59% of UAE organizations were hit by a ransomware attack in 2021 and 84% of UAE companies paid the ransom in these attacks.
Commenting on the current threat landscape in the Middle East and the consequent challenges, Mahendran Chandramohan, VP – Managed Detection and Response (MDR) BU, SISA said, “The ransomware threat is clear and present. Organizations need a multi-layered defence to prepare and prevent the attacks coupled with a robust remediation for a rapid recovery. SISA’s 16+ years of experience in forensics and incident response along with a broad suite of threat detection and ransomware prevention services can aid organizations improve preparedness and resilience. In our endeavour to disseminate our forensic learnings to the industry participants, SISA will be hosting an exclusive, closed-door session on ‘Ransomware Prevention and Rapid Recovery’ specially curated for CXOs at the AICS. We are thrilled to have our presence at the largest convention in the region and look forward to it.”
Yogesh Dange, VP & Head of SISA’s GCC business says, “To help create a secure environment for future digitization initiatives, we have been working closely with leading banks and payments companies in the MENA region to help strengthen their security posture, ease their compliance journey, and optimize their data strategy. We look forward to meeting many of our customers at this premier summit and attending the exclusive closed-door learning session”.
The summit which is hosted by the National Cyber Security Centre (NSCC) and His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and Prime Minister of the Kingdom of Bahrain will feature a three-day conference program of panel discussions, keynotes, roundtables, hackathons, workshops, leadership sessions and more.
To register for our Ransomware Prevention Learning Session, CLICK HERE.
For more information, visit https://www.arab-cybersecurity.com/.
SISA is a forensics-driven cybersecurity solutions company with offices across the globe. It is trusted by leading organizations for securing their businesses with robust preventive, detective, and corrective cybersecurity solutions. By taking the problem-first approach and leveraging its experience as a leading Global Payment Forensic Investigator (recognized by PCI Security Standards Council), SISA helps its 2,000 customers in 40+ countries focus on their business growth by taking care of their cybersecurity challenges.