Dubai: CYFIRMA, an external threat landscape management platform company, has introduced a range of external threat visibility platforms for Middle East-based businesses – signaling a move that’s poised to arm regional enterprises with the tools required to curb emerging and existing cyber threats.
According to research published in the Global Risks Report 2022, through the pandemic, ransomware attacks increased by 435%, and malware attacks by 358%. These attacks have been increasing at a pace where societies haven’t been able to keep up and prevent or respond to them effectively.
DeCYFIR is the world’s first external threat visibility management platform with the capabilities to combine cyber intelligence with attack surface discovery, vulnerability intelligence, brand intelligence, situational awareness and protection against digital risk – all on a single pane of glass. The platform automatically correlates and attributes threat actor to motive, campaign and method, and help organizations predict cyberattacks targeting them.
DeTCT is the cutting-edge digital risk protection platform helping customers identify and monitor for vulnerabilities and potential attack vectors, develop an awareness of data leaks and breaches as well as the risks posed by third parties. Businesses can also subscribe to DeTCT to protect their brand and reputation by detecting copyright infringement and identity theft.
“We started CYFIRMA to ensure every organization can see through the hacker’s lens,” said Kumar Ritesh, Founder & CEO at CYFIRMA. “We believe to stay ahead of today’s threats, businesses need to know how attackers view their targets. We use our expertise in AI, cyber-intelligence and offensive security to build DeCYFIR and DeTCT so defenders can discover gaps, assess risks, and improve their security posture, all by simply keying in their domain names into our platforms.”
“There are a number of key drivers that are defining the current Middle East cyber threat landscape – the ongoing volatile geopolitical climate, rapid digitalization initiatives, and the upcoming FIFA World Cup. Through our platforms, we are seeing an increase in cyber activities targeting critical infrastructure, oil and gas vertical, essential services and many other industries. These are hot targets for cybercriminals seeking to either advance their political agenda or financial gain. CYFIRMA’s external threat landscape management platforms will give defenders the advantage of gaining deep insights into their adversaries and be better prepared to thwart attempts at intellectual property theft, corporate espionage, civil disruption and other malicious agendas.”
Middle East threat landscape
Security experts from CYFIRMA also shared an exclusive overview of the Middle East cybersecurity threat landscape and other emerging potential cyber threats that businesses in the region should keep an eye on.
The region is likely to witness attacks that are deployed using specialized malware and impersonation of identities as well as infiltration of trade secrets. Large engineering companies will also become prime targets for IP and proprietary data while the supply chain of manufacturing, tourism, and utility companies will also be at risk.
Financial services including insurance and trading companies will also be targeted through whitelisted application impersonation, data exfiltration malwares and ransomware attacks. Regional consumer goods and pharma companies are also emerging as lucrative targets based on the value of their trade secrets. These organizations will likely be targeted through browser plug-ins, ransomware and data exfiltration malware to capture sensitive and identity data.
Scammers will also actively spread false information to collect PII / behavior data using fake sites and internet downloadable spyware.
“This collaboration will give the cybersecurity market in the Middle East a completely new turn. We strive to give our businesses the best because that is what we believe they deserve. Our motto simply states that from strategy to implementation and ongoing support, TFG is with you every step of the way, and we stand by that,” said Sudhanshu Saroha, Director, Tech First Gulf.
