EastNets, a leading payment and security solutions provider for the Middle East’s government and financial organizations, had recently signed a Master Reseller Agreement (MRA) with Cybertrust, one of the world’s largest providers of information security services. The move sees EastNets delivering Cybertrust Managed Security Services to its clients; as an increasing number of companies focus on improving their IT security.
The MRA represents a formal collaboration between the two companies, directed at enhancing the information security of organizations from various market segments operating within the Middle East. Managed Security Services (MSS) has emerged as the fastest growing segment in IT security, as more and more organisations are partnering with MSS providers to enhance security, reduce operational costs and meet specific compliance needs.
Commenting on the partnership, Hazem Mulhim, Chief Executive Officer, EastNets said, “Organisations worldwide are spending an increasing amount of their IT security budgets on sophisticated security intelligence and cutting-edge technologies, as the evolving nature of IT threats make traditional protection obsolete. EastNets’ partnership with Cybertrust will enable us to offer 24x7 proficient monitoring and management services to our clients in the region; capitalising on customers requirements for the most up-to-date security solutions available.”
With more than 15 years of expertise and in-depth industry intelligence, Cybertrust is a recognised global market leader in MSS and offers practical, tailored solutions that align information security risk with organisational risk. Cybertrust offers a choice between monitoring only or monitoring and management services. Engaging in a monitoring service, Cybertrust will capture all the security logs and alerts in real time and filter out threats. Whereas engaging in a monitoring and management service, Cybertrust becomes responsible for managing and maintaining security components, including installing upgrades and patches, taking backups and monitoring policy on security devices.
“Our exceptionally high standard of service, honed over many years providing customers with Managed Security, is recognised internationally. This, combined with the talents of our MSS team and commitment to research and development, positions us as the premium MSSP in EMEA. We are delighted to be working in partnership with EastNets to offer EastNet customers cutting edge, ultra flexible Managed Security Solutions,” says Mark Laureys, Cybertrust Head of Partner Development, EMEA.
Recognising the importance of appropriate risk management to the financial service market, the MRA will enable EastNets’ clients to comply with various international requirements and standards. Today a number of legal requirements and recommendations, including the Basel II Accord and the Gramm Leach Bliley Act (GLBA), incite or even oblige financial institutions to control their operational IT risks and define capital requirements, thus increasing the need for solutions that quantify these IT risks.
“EastNets has been providing technology and payment solutions to the financial and government sectors throughout the Middle East for more than 22 years. With our comprehensive understanding of the regional market requirements, a customer-focused approach and our alliance with global IT leaders, EastNets is well-positioned to offer MSS services to our clients, helping them cut costs and improve their business performance,” Mulhim concluded.
About EastNets (www.eastnets.com)
Founded in 1984, EastNets, formally known as Eastern Networks, is a leading Payments and Security Solution Provider for the government and financial service industry. As a recognized market leader, the company is strategically positioned with offices across the broader Middle East region providing products and services either directly to our customers, or on a hosted basis through the EastNets Service Bureau (ENSB). In addition to its presence in the UAE, EastNets is strategically positioned in five other major markets, with offices in Jordan, Turkey, Iraq, Egypt, and Bahrain.
