Group-IB, sirar by stc sign agreement to bolster KSA cybersecurity benchmarks

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.

Figure 1: Group-IB’s trailblazing Attack Surface Management solution

“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

“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

“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

Figure 2: Signing ceremony involving Mohammad Flaifel, Group-IB’s Regional Sales Manager for Saudi Arabia, and Abdulrahman Al Manea, Chief Product Management & Marketing Officer of sirar by stc

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).

About Group-IB

Founded in 2003 and headquartered in Singapore, Group-IB is a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime. Combating cybercrime is in the company’s DNA, shaping its technological capabilities to defend businesses, citizens, and support law enforcement operations.

Group-IB’s Digital Crime Resistance Centers (DCRCs) are located in the Middle East, Europe, Central Asia, and Asia-Pacific to help critically analyze and promptly mitigate regional and country-specific threats. These mission-critical units help Group-IB strengthen its contribution to global cybercrime prevention and continually expand its threat-hunting capabilities.

Group-IB’s decentralized and autonomous operational structure helps it offer tailored, comprehensive support services with a high level of expertise. We map and mitigate adversaries’ tactics in each region, delivering customized cybersecurity solutions tailored to risk profiles and requirements of various industries, including retail, healthcare, gambling, financial services, manufacturing, crypto, and more.

The company’s global security leaders work in synergy with some of the industry’s most advanced technologies to offer detection and response capabilities that eliminate cyber disruptions agilely.

Group-IB’s Unified Risk Platform (URP) underpins its conviction to build a secure and trusted cyber environment by utilizing intelligence-driven technology and agile expertise that completely detects and defends against all nuances of digital crime. The platform proactively protects organizations’ critical infrastructure from sophisticated attacks while continuously analyzing potentially dangerous behavior all over their network.

The comprehensive suite includes the world’s most trusted Threat Intelligence, The most complete Fraud Protection, AI-powered Digital Risk Protection, Multi-layered protection with Managed Extended Detection and Response (XDR), All-infrastructure Business Email Protection, and External Attack Surface Management.

Furthermore, Group-IB’s full-cycle incident response and investigation capabilities have consistently elevated industry standards. This includes the 77,000+ hours of cybersecurity incident response completed by our sector-leading DFIR Laboratory, more than 1,400 successful investigations completed by the High-Tech Crime Investigations Department, and round-the-clock efforts of CERT-GIB.

Time and again, its solutions and services have been revered by leading advisory and analyst agencies such as Aite Novarica, Gartner®, Forrester, Frost & Sullivan, KuppingerCole Analysts AG, and more.

Being an active partner in global investigations, Group-IB collaborates with international law enforcement organizations such as INTERPOL, EUROPOL and AFRIPOL to create a safer cyberspace. 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.