14 July 2020

Group-IB to expand on Spanish, LATAM markets with new BDM appointment

Group-IB, a global threat hunting and intelligence company headquartered in Singapore, announces the appointment of Alvaro Ladoux as the company’s new Business Development Manager for the Spanish and LATAM markets. The new designation is intended to further cement the company’s presence in the Spanish-speaking countries and facilitate the latters’ access to Group-IB’s high-fidelity intelligence, anti-APT and anti-fraud solutions.

Ladoux will be in charge of developing and managing accounts on the Spanish-speaking markets, executing the company’s sales strategy, and will guide end-customers on how to prevent cybercrimes in the Spanish-speaking world.

Alvaro, the new addition to the team, has over 10 years of working in the cybersecurity industry behind him and brings a broad experience of fostering partnerships with major international companies and regulatory bodies in banking, government, telecom and ecommerce sectors, gathered during his engagement with such giants as Logitech, Sony and VeriFone.

Group-IB continues to develop exponentially year-on-year showing over 90-percent growth in international revenues. As the global pandemic has made changes to the international business environment, our strategy to expand globally through local hires of client consultants as well as technical representatives has proven to be successful. This strategy of having local technical specialists is not only beneficial to establish communications channels with local law enforcement and intelligence specialists but also to take part in cyber threat intelligence trusted groups. Ladoux is an experienced executive who maintains relationships with anti-fraud bodies across Spanish-speaking markets and is a trusted advisor to financial services industry, telecommunications, government and e-commerce segments on how to stop cybercrimes from occurring.

Nicholas Palmer

Nicholas Palmer

Director of International Business Development

The new appointment comes at a point when Spanish-speaking markets are attracting growing attention of cybercriminals and fraudsters. Notably, last year, Group-IB evidenced the expansion of activities of notorious financially-motivated threat actor Silence to Latin America and a fraudulent Lotsy campaign targeting Spanish- and Italian-speaking users. According to Group-IB’s annual threat report, last year, Spain was among the top targets for the operators of PC Trojans: the Spaniards were targeted by at least 6 PC Trojans, including the infamous Dridex, Loki PWS and Qbot.

Rapidly evolving and constantly widening threat landscape in the region requires cybersecurity solutions that will shield business from specific threats relevant to this or that industry, optimizing investment in cybersecurity. This ideology is at the core of Group-IB’s products that are adversary-centric and have profound understanding of attackers’ TTPs acquired in incident response operations and in cyber threat intelligence activities. Group-IB’s ecosystem of products, which includes attribution-based Threat Intelligence system, anti-APT-solution Threat Detection System as well as solutions for the prevention of online fraud for banking, Secure Bank, and ecommerce, Secure Portal, incarnates a deterrent approach in cyber defense, not simply protecting against cyberattacks, but preventing them.

I am delighted to join Group-IB team at the time when the company entered an active phase of its global development. Having clients worldwide, Group-IB has proved it has deep knowledge of cyberthreats relevant to each specific region, which renders its solutions adversary-centric and implies that they’re more effective. By leveraging my background in leading organizations through various stages of business growth, I look forward to making my contribution to Group-IB’s continuing efforts to protect clients in cyberspace.

Alvaro Ladoux

Alvaro Ladoux

Group-IB Business Development Manager

Group-IB is one of the leading providers of solutions dedicated to detecting and preventing cyberattacks, identifying online fraud, investigation of high-tech crimes and intellectual property protection, headquartered in Singapore. The company’s threat intelligence and research centers are located in the Middle East (Dubai), the Asia-Pacific (Singapore), Europe (Amsterdam), and Russia (Moscow).

Group-IB’s Threat Intelligence & Attribution system has been named one of the best in class by Gartner, Forrester, and IDC. Group-IB’s Threat Hunting Framework (earlier known as TDS) intended for the proactive search and the protection against complex and previously unknown cyberthreats has been recognized as one of the leaders in Network Detection and Response by the leading European analyst agency KuppingerCole Analysts AG, while Group-IB itself has been recognized as a Product Leader and Innovation Leader. Gartner identified Group-IB as a Representative Vendor in Online Fraud Detection for its Fraud Hunting Platform. In addition, Group-IB was granted Frost & Sullivan’s Innovation Excellence award for its 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 18 years of hands-on experience in cybercrime investigations worldwide and 70,000 hours of cybersecurity incident response accumulated in our leading forensic laboratory, high-tech crime investigations department, and round-the-clock CERT-GIB. Group-IB is a partner of Europol.

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 fight high-tech crime while protecting our clients in cyberspace and helping them achieve their goals. To do so, we analyze cyber threats, develop our infrastructure to monitor them, respond to incidents, investigate complex high-tech crimes, and design unique technologies, solutions, and services to counteract adversaries.

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