Emirsec Technologies to bring Trustsphere's Relationship Analytics platform to the Middle East

Source: Emirsec Technologies. Trustsphere's relationship analytics software.

Regional cybersecurity provider Emirsec Technologies has partnered with Singapore-based TrustSphere to bring their advanced Relationship Analytics technology to the Middle East. TrustSphere's software will help Emirsec's clients enhance their security, internal risk and governance capabilities.

Information technology theft continues to be a major threat to businesses and can add huge costs for an enterprise. According to the Kroll Global Fraud Report 2015/16, more than 81% of business frauds were internal. Experts emphasise the need for better analytics and stronger risk and fraud prevention mechanisms be put in place for companies to mitigate the insider threat.

Emirsec Technologies works with enterprises on digital security, specifically around governance, risk management and compliance (GRC), security intelligence and analytics. TrustSphere's Relationship Analytics technology will help the company offer new capabilities around identifying and preventing internal fraud. By understanding communication patterns and relationships, real-time insights can be delivered to management enabling them to better manage risk and improve compliance.

Ahmed Qurram Baig, Chief Strategy & Security Officer of Emirsec Technologies, said, "TrustSphere's Relationship Analytics platform resolves a major blind-spot for organisations in the Middle East who often struggle with detecting and preventing insider threats. Through this partnership with TrustSphere, our customers can better manage risk and reduce internal fraud."

Manish Goel, CEO of TrustSphere, said, "We are delighted to be partnering with Emirsec who are a true market innovator in the areas of cyber security and risk management. Integrating our capabilities with Emirsec solutions will ensure their customers can improve the effectiveness of their overall risk management programmes."