Leading threat hunting and intelligence company, Group-IB signed a partnership with CyberKnight Technologies to provide local banking, government, and private sector customers in the Middle East wider access to Group-IB’s suite of threat hunting, intelligence, and fraud prevention solutions.
According to the annual Hi-Tech Crime Trends Report 2019/2020, the activity of at least 17 state-sponsored threat actors, including Lazarus, APT33, and MuddyWater, was discovered targeting the MEA region alone. The Middle East remains a testing ground for tools used in attacks on the energy sector from the times of Stuxnet up until now. Every day, the cyber resilience of local IT and OT systems and the digital assets of banks are challenged by a myriad of threats ranging from fraudsters to state-sponsored adversaries.
To address these critical challenges for private and public sector companies, Group-IB has entered a distribution partnership with CyberKnight. The company will now be able to offer Group-IB’s award-winning fraud prevention solutions: Secure Bank, Secure Portal, its anti-APT Threat Detection System, along with a wide range of digital forensics, security audit, and cyber investigation services.
The CyberKnight team will receive additional technical training from Group-IB threat hunters, and DFIR experts to ensure high-quality support on-the-ground with no delay, reflecting Group-IB’s customer-centric approach globally.
“The financial and government sectors in the GCC region are especially prone to be primary targets for cybercriminals,” said Vivek Gupta, Co-Founder & COO at CyberKnight. “Unlike traditional anti-fraud solutions that analyze transactions, Group-IB platforms algorithms start working right from the sign-in stage to detect and prevent dangerous activity before fraud is executed. Where financial organizations have existing transactional anti-fraud solutions in place, Group-IB complements it with real-time detection of attacker logins, social engineering scams, bots, money laundering networks, and the possible infection of a user’s device.”
As Group-IB continues to reach more clients and partners in the region, the company has recently announced the appointment of Ashraf Koheil to the position of Regional Sales Director in charge of the Middle East, North Africa, and Turkey. Koheil most recently served as Regional Sales Director for Middle East & Africa at FireEye, and previously as Cloud Channel Sales lead in MEA at Microsoft.
“We are thrilled to be represented by CyberKnight in the GCC. The company’s local market knowledge includes deep-routed channel partnerships across the region, extensive enterprise and government customer relationships, and the strong cybersecurity expertise necessary to provide timely technical support on-the-ground. We look forward to CyberKnight’s contributions to elevate the delivery of Group-IB products and services to greater heights”, said Koheil.