DUBAI, United Arab Emirates, Jan. 22, 2016 /PRNewswire/ -- Emirsec Technologies today announced its partnership with Singapore-based technology provider 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.
Emirsec Technologies is a regional cybersecurity provider whose focus is on working with enterprises to address their digital security challenges, specifically around GRC, Security Intelligence and Analytics.
Through this partnership Emirsec's customers will gain access to TrustSphere's Relationship Analytics. These analytics improve a corporate investigator's ability to identify and prevent 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.
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 per cent 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.
Mr. 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."
Mr. 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."
TrustSphere is the widely recognized market leader in Relationship Analytics. We enable forward-thinking organizations to unlock the inherent value of their own networks using our next generation technology. Our solutions provide real-time intelligence and insights which help clients across the globe improve salesforce effectiveness, enterprise-wide collaboration and corporate governance. We deliver our solutions through leading technology and business partners including IBM, Salesforce.com and SugarCRM.
About Emirsec Technologies
Emirsec is a regional pure-play cybersecurity player in Asia & Middle East. Our diverse team & seasoned cybersecurity experts help enterprises and government's across the regions to defend their organizations against sophisticated digital landscape and associated threats. Emirsec advisory team has decades of experience in various industry sectors helping customers to implement security programs and international certifications. Emirsec also works with dozens of niche cyber security vendors as strategic partner to ensure the best solutions get delivered with best practices and return on investment to enhance business value.