Organisations in the Middle East will be able to better protect themselves against business-crippling cyber hacks that cost the region millions of dollars every year, thanks to a new partnership between Bulwark Distribution FZCO and Holm Security.
The cost of cyber security incidents within the Middle East has reached a new high of $6.93 million US dollars per data breach, according to IBM’s "Cost of a Data Breach Report 2022". This figure is significantly higher than the cost per incident, which is $4.24 million U.S. dollars. To overcome the ever-growing threat landscape, the partnership between Bulwark and Holm Security will offer enhanced system & network vulnerability scanning to customers across Bahrain, Kuwait, Oman, United Arab Emirates, Qatar, Iraq, Jordan, Egypt and the Kingdom of Saudi Arabia.
Author's quote
Businesses will be able to get complete coverage of their vulnerabilities across all types of assets"
“Adequately managing the security of your systems and networks is a monumental task without the right solution in place, especially in the Middle East where attacks continue to rise”, said Holm Security CEO and founder Stefan Thelberg.
He adds, “As a result of our partnership with Bulwark, businesses will be able to get complete coverage of their vulnerabilities across all types of assets, pioneering to an increased cyber security posture across their overall attack surface”.
Next-Gen Vulnerability Management Platform
As a result of this new partnership, businesses in the region will be given the ability to uncover, monitor and control vulnerabilities across their entire business infrastructure which will help them prevent against the sort of high-profile attacks that saw major oil giants held to ransom for tens of millions of dollars in exchange for data.
Holm Security’s Next-Gen Vulnerability Management Platform automatically scans for an ever-increasing number of vulnerabilities, with continuous vulnerability and policy scans across local and public networks that can be customised based on user requirements. Assets can then be effectively organised, tracked, and analysed based on which reflect the most significant risks to operations. With this threat intelligence, organisations understand where to prioritise their efforts in cyber security.
Best security solutions and technologies
Bulwark will provide Holm Security’s Next-Gen Vulnerability Management Platform to MSSPs
Headquartered in Dubai, Bulwark is the pioneering provider of IT security products in the Middle East. Providing innovations from more than 25 vendors and with over 750 partners, the organisation aims to bring the best security solutions and technologies to businesses found across the region.
As a value-added distributor, Bulwark will provide Holm Security’s Next-Gen Vulnerability Management Platform to Managed Security Service Providers (MSSPs) and other organisations to identify and mitigate vulnerabilities within their networks.
Enhancement of cyber security profile
“We are delighted to offer Holm Security’s innovative platform to our customers across the Middle East”, said Jose Menacherry, Managing Director, Bulwark. “This will play a crucial role in ensuring stronger lines of defence against malicious attacks, giving businesses the means to identify and mitigate system and network vulnerabilities before they can be exploited. Our customers can now rest assured they can go about their business knowing that the most critical vulnerabilities are being found, prioritised and actioned”.
As a result of this partnership, Bulwark can now offer extensive training, managed services, and check-ups from Holm Security to further enhance a customer’s cyber security profile.