IBM Security has established its first security operations centre in the Kingdom of Saudi Arabia, media reports said. It is reported that the operations centre is located in Riyad and provide managed security services to private and government sector clients.
Furthermore, the clients can manage their security operations around the clock through the company’s staff and local infrastructure.
The new operations centre will assist clients to tackle cybersecurity incidents, while alerting and safeguarding them through real-time analysis and notify about security events. IBM Security’s experts and analysts will provide remediation plans and expedited incident investigations to the clients.
It is reported that cost of data breaches for each firm in the Kingdom is higher than other global economies, which is $6.53 million on average per breach compared to rest of the world’s$3.86 million per breach.
The company’s managed security services cater over 150 billion security events globally every day.
Hossam Seif El-Din, IBM Middle East and Pakistan general manager, told the media, “The launch of IBM’s security operations centre in Saudi Arabia is a critical investment not only in helping our clients respond to ever-increasing cybersecurity incidents but also in providing them with local data residency to support their preferences and industry requirements. We are seeing a lot of new threat actors looking to take advantage of the confusion and uncertainty surrounding COVID-19. Therefore, we are also looking to use the new centre to drive education and awareness to help clients defend themselves from potential threats.”