Riyadh – Mubasher: IBM Security on Wednesday announced the official opening of its first Security Operations Center in Saudi Arabia and the region to provide managed security services to private and government sector customers.
Through the Riyadh-based centre, IBM will offer clients in Saudi Arabia the option of managing their security operations around-the-clock, via IBM staff and local infrastructure, according to a press release.
IBM Security analysts and experts will help clients with expedited incident investigations and remediation plans. According to a recent IBM study examining the financial impact of data breaches on organisations in Saudi Arabia, incidents cost companies studied $6.53 million per breach on average, up from the global average of $3.86 million per breach.
"The launch of IBM’s Security Operations Center in Saudi Arabia is a critical investment in helping our clients not only respond to the ever-increasing cybersecurity incidents but provide them with local data residency designed to support their preferences and industry requirements," said General Manager, IBM Middle East and Pakistan, Hossam Seif El-Din.
“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 SOC to drive education and awareness to help clients defend themselves from potential threats,” he added.
