Bulwark Distribution FZCO and Holm Security have announced a partnership to protect organizations in the Middle East against cyber hacks, that cost the region millions of dollars on a yearly basis. The cost of cyber security incidents within the Middle East has reached a new high of $6.93 million US dollars per data breach, according to IBM’s ‘Cost of a Data Breach Report 2022’. This figure is significantly higher than the global cost per incident, which is $4.24 million U.S dollars. To overcome the ever-growing threat landscape, the partnership between Bulwark
and Holm Security will offer enhanced system & network vulnerability scanning to customers
across Bahrain, Kuwait, Oman, United Arab Emirates, Qatar, Iraq, Jordan, Egypt and the
Kingdom of Saudi Arabia.
“Adequately managing the security of your systems and networks is a monumental task
without the right solution in place, especially in the Middle East where attacks continue to
rise”, said Holm Security CEO and founder Stefan Thelberg. “As a result of our partnership
with Bulwark, businesses will be able to get complete coverage of their vulnerabilities across
all types of assets, leading to an increased cyber security posture across their overall attack
surface”.
Businesses in the region will also have the ability to uncover, monitor and control vulnerabilities across their entire business infrastructure. This will help them prevent against the sort of high-profile attacks that saw oil giants held to ransom for tens of millions of dollars in exchange for data. Holm Security’s Next-Gen Vulnerability Management Platform automatically scans for an
ever-increasing number of vulnerabilities, with continuous vulnerability and policy scans
across local and public networks that can be customized based on user requirements.
Assets can then be effectively organized, tracked, and analyzed based on which reflect the
most significant risks to operations. With this threat intelligence, organizations understand
where to prioritize their efforts in cyber security.
As a value-added distributor, Bulwark will provide Holm Security’s Next – Gen Vulnerability Management Platform to Managed Security Service Providers (MSSPs) and other organizations to identify and mitigate vulnerabilities within their networks.
“We are delighted to offer Holm Security’s innovative platform to our customers across the
Middle East”, said Jose Menacherry, Managing Director, Bulwark. “This will play a crucial
role in ensuring stronger lines of defence against malicious attacks, giving businesses the
means to identify and mitigate system and network vulnerabilities before they can be
exploited. Our customers can now be rest assured and can go about their business knowing
that the most critical vulnerabilities are being found, prioritized and actioned”.
As part of the partnership, Bulwark will now offer extensive training, managed services,
and check-ups from Holm Security to further enhance a customer’s cyber security profile.
