Intelligent CIO Middle East Issue 26 | Page 10

NEWS Mimecast ITC and Aiuken Cybersecurity sign alliance report shows sharp rise in impersonation attacks M imecast Limited, a leading email and data security company which operates in KSA, has announced the results of its most recent Email Security Risk Assessment (ESRA) test results. The ESRA testing programme measures the effectiveness of existing email security systems in regular use by tens-of-thousands of organisations globally. The latest results highlight the continued challenge of securing organisations from malicious attachments and spam – but most alarming was the number of malwareless impersonation attacks incumbent email security solutions are unable to stop. I ntegrated Telecom Company (ITC), a Saudi based Telecom and ICT service provider, and Aiuken Cybersecurity, a cybersecurity solutions company based in Madrid, have signed a partnership agreement. This is to promote the offer of managed security services and the cybersecurity solutions portfolio from ITC’s Security Operations Center’s (SOC). The move follows the Saudi government›s strategic initiative of establishing the new ‘National Cybersecurity Authority’. ITC is positioning itself as a key player in achieving the authority’s objectives of protecting the government and business organisation’s infrastructure network and data. ITC also aims to assist in the implementation of compliance 10 INTELLIGENTCIO policies, security procedures and raising awareness of cybersecurity in KSA. Most organisations are concerned about malware being the main risk to their email related security posture, but the report reveals an increased risk of impersonation attacks as compared to attacks leveraging malware. Mimecast reported impersonation attacks, which rely on duping recipients into wiring the attacker money or highly monetisable data, rose almost 50% quarter over quarter. Emails with malware attachments or dangerous files types, combined, only increased about 15%. Missed impersonation attacks were seen to occur more than seven times as often as missed email-borne malware. As part of this agreement ITC leverages the benefits of its complementary areas of ICT expertise to monitor customers’ infrastructures 24/7 and to better prevent, detect and respond to cyberattacks. These findings follow a recent PhishMe® study that found approximately two thirds of IT executives surveyed had dealt with a security incident originating from a deceptive email. Aiuken Cybersecurity will bring to the partnership its end-to-end global expertise in cybersecurity to help prevent cyberattacks on ITC customers in KSA. Through this partnership ITC and Aiuken have agreed to take ITC’s SOC to the next level in line with the latest global industry standards by deploying the most advanced worldwide security tools and highly qualified security experts. www.intelligentcio.com