To support Middle East organisations with predicting, understanding, and quantifying cyber risk, CyberKnight has partnered with Citalid, a global vendor in the CRQ domain. The platform merges threat and business intelligence to detect risk scenarios and actively measures the potential financial risk exposure.
Citalid has won several awards including the Jury Award of the 2020 edition of the International Cybersecurity Forum, FIC, and Innovation Awards of the Assises, 2018. Citalid is the only solution which combines the advanced and constantly evolving knowledge of cyber threats with AI, and then simulates the ROI of security investments. The platform assesses the defensive maturity of the target by utilising globally recognised evaluation criteria such as CIS 20, NIST, ISO, and others.
“Citalid complements Security Scorecard, our Cybersecurity Risk Rating Platform vendor, by importing Security Scorecard’s ratings for assessing and quantifying the risk posed through third parties. Adding Citalid’s Cyber Risk Quantification, CRQ platform to our Zero Trust Security focused portfolio will support regional organisations with mitigating risks, predicting impact, prioritising investment, and making smarter decisions around cyber risk,” commented Avinash Advani, Founder and CEO at CyberKnight.
“Not every risk is created equal. Cyber Risk Quantification allows organisations to simplify predictions of the impact and likelihood of different types of cyber-attacks. Having CyberKnight as our Middle East value-added-distributor enables us to extend our footprint in the region and embed our global CTI expertise into their best-of-breed portfolio,” added Jerome Vosgien, Head of Partnerships at Citalid.
Citalid was founded in 2017 by two complementary Cyber Threat Intelligence specialists from ANSSI, the French cybersecurity authority. It has developed a cyber risks management and decision support platform dedicated to CISOs and risk managers. Citalid’s underlying technology provides its clients with a calibrated analysis, simulation, and pricing of cyber risks, thanks to its ability to cross-reference technical, contextual, geopolitics, economics, as well as financial data.
The tool can automatically simulate the ROI of security investments, and to actively push recommendation based on both efficiency and profitability. It has been awarded two of the most important innovation prices in France in the cybersecurity field: both the audience and the jury prices at the Assises de la Sécurité 2018.
According to Gartner 70% of Security Risk Management vendors are now planning to adopt a Cyber Risk Quantification, CRQ solution in the next two years. By applying this method, organisations can gain a better understanding of the risks and security gaps across their estate, along with their associated costs. Gartner also highlights the criticality for organisations to then invest in security and risk management controls to proactively guard against cyber threats and minimise potential financial losses.
To support the Middle East’s enterprise and government organisations with security gaps across a hybrid environment and protect sensitive data—in motion, in use, and at rest, CyberKnight has become a value-added-distributor for Skyhigh Security, the world’s Security Service Edge Platform. It protects organisations with both on-premises and cloud-native security solutions that are both data-aware and simple to use, allowing organisations to collaborate from any device, anywhere, without sacrificing security.
Skyhigh Security’s market SSE Portfolio scores the highest on 2 of 4 use cases in the 2023 Gartner Critical Capabilities for SSE. In addition, The Forrester Wave: Cloud Workload Security report named Skyhigh Security a vendor in the cloud security space. The company was also named Most Innovative, Cloud-Native Security – SSE – at the Global InfoSec Awards and recognised as one of CRN’s Coolest Cloud Security Companies of 2023.
“We are excited about this strategic partnership with Skyhigh, the most robust integrated cloud security platform available in the market. The company’s all-in-one solution makes it easy for our partners’ customers to consolidate their cloud security spend while adopting Zero Trust using a powerful suite of security technologies: Cloud Access Security Broker, CASB, Secure Web Gateway, SWG, Private Access, ZTNA and Cloud-Native Application Protection Platform, CNAPP,” commented Advani.
“With organisations increasingly gravitating towards the cloud for its many benefits, ensuring seamless cloud security is a necessity. As the migration from on-premises environments to the cloud accelerates, the demand for a hybrid security solution persists. Our partnership with CyberKnight, the cybersecurity VAD in the Middle East, enables us to extend our regional coverage and help regional entities reap the benefits of our SSE platform, while mitigating cloud-related threats and simplifying data security”, added Vijay Babber, Channel Manager META at Skyhigh Security.
Skyhigh Security is focused on helping customers secure the world’s data. It protects organisations with cloud-native security solutions that are both data-aware and simple to use. Its market- Security Service Edge, SSE Portfolio goes beyond data access and focuses on data use, allowing organisations to collaborate from any device and from anywhere without sacrificing security.
According to The Data Dilemma: Cloud Adoption and Risk Report, on average, organisations store 61% of their sensitive data in the cloud, a 48% increase from 2019. Most have also experienced at least one cybersecurity breach, 90%, threat, 89% and, or theft of data, 80%, demonstrating that on-premises data loss prevention, DLP is not enough. Gartner predicts that by 2026, 85% of organisations will seek to procure CASB, SWG or ZTNA offerings from a converged solution.
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