MIDDLE EAST
REGIONAL CHANNELS
MID DLE EAST
Dubai-based Value Added Distributor , Credence Security , has added an innovative Information Rights Management ( IRM ) solution to its portfolio to support Sealpath ’ s regional growth .
SEALPATH TEAMS UP WITH CREDENCE SECURITY TO PROTECT THE REGION ’ S CONFIDENTIAL DATA
Credence Security , a leading regional distributor of specialised cybersecurity solutions , recently signed an agreement with data-protection leader , Sealpath , to bring its robust privacy and protection solutions to the Middle East , Africa and India ( MEAI ) region .
A recent report by PwC revealed businesses in the Middle East to be more commonly hit by cyberattacks than their global peers , with 85 % reporting an attack , compared with the global average of 79 %. In light of this trend , and having made significant inroads in European markets , Sealpath decided the time was right for expansion across the MEAI region . In Dubai-based distributor , Credence Security , Sealpath ’ s strategists found an organisation with the right geography and track record of solutions delivery to further its growth ambitions .
As per the new partnership agreement , Credence Security will add Sealpath ’ s Information Rights Management ( IRM ) solution to its rich portfolio . Sealpath projects a compound annual growth rate ( CAGR ) of around 22 % for the IRM market , following the escalation of data
( L ) Syed Almas Azam , Territory Manager MEA , Sealpath and ( R ) Garreth Scott , Managing Director , Credence Security privacy and security regulations across the Middle East and is also hoping to explore untapped markets such as India and Pakistan .
“ When selecting a regional partner , we were looking for three main attributes ,” said Syed Almas Azam , Territory Manager MEA , Sealpath . “ First , we needed to ensure a commonality in ethos between our team and that of our partner . Second , our new partner would have to have a strong portfolio of existing offerings supported by an extensive channel network . And third , we would need to see evidence of exceptional ability to deliver high-quality solutions in the cybersecurity and forensics spaces . Credence Security showed us all of these qualities , and we ’ re excited to embark on this new journey together .”
“ Sealpath ’ s IRM solution will make a great addition to our data protection offerings ,” said Garreth Scott , Managing Director , Credence Security . “ At a time when demand for data privacy and information security is growing rapidly across the region , we are confident that customers will respond favourably to a solution that is user-friendly , while also being technically and commercially viable . We look forward to the opportunities to cross-sell with other data protection offerings in our portfolio , while supporting Sealpath in its regional growth story .”
Users get access to IRM via standard tools , such as Microsoft Office and AutoCAD , without having to install additional apps .
Credence and Sealpath both noted the transition in the cybersecurity industry that has accompanied the emergence of the COVID-19 pandemic and the institution of remote office models around the world . Vulnerable corporate ecosystems are experiencing an increase in cyberattacks , commercial espionage , data breaches , thefts and losses .
Scott said : “ To address these alarming trends , it is vital that CISOs adopt data-centric postures and monitor sensitive data for situational awareness .” •
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