Cyber security arms race explodes in MENA
Liquid Intelligent Technologies (LIT) has bought Cairo-based Cysiv MEA, AKA SecureMisr, as it seeks to strengthen its cloud and cyber security armoury to defend Egypt’s finance sector from bank robbers. The acquisition gives the London-based group a stronger operations team for Africa, the UK, the US and Latin America. LIT is a recognised integrator for some of the biggest technology companies in the world and aims to bring the best global cloud and cyber security options to the Egyptian market. Cysiv MEA will be rebranded Liquid C2 to align it with its global cloud and cybersecurity identity. LIT plans to expand the Egyptian business by tapping into the wealth of local tech talent, making Egypt a key hub for the Middle East and North Africa (MENA) region.
Cysiv MEA had been central to the cloud and cyber security industry in Egypt and North Africa, according to Liquid C2 CEO David Behr. As a group, LIT’s job is to support them in bringing more cyber security tools for customers in the MENA region because they’ve been besieged by increasingly hostile global threats from cybercriminals and even nation-state sponsored attackers. By fortifying their perimeter with this powerful new defender LIT can protect businesses whilst satisfying demands for global compliance requirements. “We will build on the strong market position, experienced leadership, in-depth industry knowledge, world-class team and customer-centric philosophy that has been synonymous with the Liquid C2 brand,” said Behr.
The best defence is all about pre-emptively striking back against attacks, according to Sherif Shaltout, VP of Operations at Cysiv MEA. It has helped many companies minimise the loss of digital assets caused by a constantly metastasising malignancy. You have to bomb the threat landscape before it affects the business, explained Shaltout.
“We are thrilled to be part of an industry-leading brand like Liquid C2 because we are now in an even stronger position to enable our enterprise customers in Egypt and the MENA region,” said Shaltout. In a technology arms race one cannot stand on ceremony so it’s vital to expedite any digital transformation whilst grabbing as many sophisticated tools as possible to deal with ever-increasing threats, Shaltout said.