Tag: agreement | Page 3

Credence Security Signs Partnership Agreement with Infosec Ventures to Deliver Human-Centric Security Solutions to the Middle East

August 25, 2021/in Computer Security

Regional Value-added Distributor, Credence Security will drive the reach and engagement for Infosec Ventures’ HumanFireWall solutions and support the vendor’s regional growth

DUBAI, UAE, Aug. 24, 2021 /PRNewswire/ — Credence Security, a leading regional specialized value-added distributor for cybersecurity, forensics, governance, risk and compliance solutions, today announced that it has signed a partnership agreement with Infosec Ventures’ HumanFirewall, a leader in human cyber risk mitigation and management.

Photo Caption: (L) Garreth Scott, Managing Director, Credence Security and Ankush Johar, Director, Infosec Ventures and Marie Ah-Choon, Channel Executive, Credence Security and Moe Bux, Sales Director, Credence Security (R) (PRNewsfoto/Credence Security)

Under the agreement, Credence Security will be responsible for promoting and delivering Infosec Ventures’ HumanFirewall® platform across its robust channel network in the Middle East. Infosec Ventures’ offerings are available entirely on-premises or in a local cloud, in line with compliance and data sovereignty regulations, specifically for mission critical organizations in the government as well as large enterprises.

Hackers are increasingly preying on the human element of cybersecurity, as a primary attack vector. According to the Verizon 2021 Data Breach & Incident Report (DBIR), over 85% of data breaches involved human error. In the Middle East, a 2020 study by the Ponemon Institute and IBM Security, revealed that the average cost of a data breach per company in the region is $6.53 million, which is higher than the global average of $3.86 million per incident. The report also identified human error among the most common root causes of data breaches in the UAE and Saudi Arabia. Additionally, similar industry studies have indicated that more than 90% of successful cyber-attacks begin with an email. These figures highlight a significant need for solutions that will not only safeguard business-critical systems but will also transform employees into an organization’s best cybersecurity asset.

HumanFirewall® transforms employees from an organization’s weakest link into their strongest line of defence. It is a world-first…

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Russia, U.S. and other countries reach new agreement against cyber hacking, even as attacks continue

June 12, 2021/in Computer Security

Russia and the United States — along with 23 other countries — recently reaffirmed that states should not hack each other’s critical infrastructure in peacetime or shelter cyber criminals who conduct attacks on other countries.

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But Russia, which was among the states originally agreeing to the norms at the United Nations, has violated them repeatedly over the years. Experts are skeptical those violations will halt unless the United States and its allies impose far more serious consequences.

President Biden is on an eight-day trip to Europe that will culminate in a meeting with Russian President Vladimir Putin on Wednesday. He will raise issues of cybersecurity, including his concern that Moscow is harboring hackers who have carried out damaging ransomware attacks against some of the United States’ most critical sectors. An attack last month led to a days-long shutdown of the country’s largest refined fuel pipeline, followed by an attack that disrupted the world’s largest meat processor.

“Ransomware attacks against critical infrastructure are of an even higher order of magnitude of concern for us,” national security adviser Jake Sullivan said Wednesday. “We do not judge that the Russian government has been behind these recent ransomware attacks, but we do judge that actors in Russia have. And we believe that Russia can take and must take steps to deal with it.”

The question now is whether Russia, and other countries such as China, which affirmed the cyber norms in May, can or will be held accountable.

[Opinion: How Russia and China are attempting to rewrite cyberworld order]

White House officials have downplayed expectations from the summit given the tense relationship between Washington and Moscow.

Current and former officials say the global norms provide a foundation for accountability by explaining the bounds of acceptable conduct in cyberspace and by creating an expectation of good behavior.

“It certainly seems that states want others to behave well in cyberspace, and there are some key states that just aren’t. So you have to do something about it,” said Michele Markoff, the State Department’s acting coordinator…

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