Including cyber-security and the Kingdom of Saudi Arabia Vision 2030 pillar on National Industrial Development and Logistics, the move supports priorities set by Saudi Arabia’s 2020 budget allocation of SAR102 billion ($27.2 billion) for security and regional administration
Global cyber-security firm Dragos, which has its regional headquarters at the Saudi Information Technology Company (SITE) in Riyadh in Saudi Arabia, is expanding its footprint in the country.
Including cyber-security and the Kingdom of Saudi Arabia Vision 2030 pillar on National Industrial Development and Logistics, the move supports priorities set by Saudi Arabia’s 2020 budget allocation of SAR102 billion ($27.2 billion) for security and regional administration.
By providing specialised ICS/OT monitoring, threat detection, and response technology and services, Dragos aims to protect organisations in line with the Kingdom’s digitalisation drive.
While also developing and training ICS/OT cyber-security talent to ensure world-wide customer success, growth in the Saudi Arabia is central to Dragos’s expansion in the Gulf Cooperation Council (GCC), and will allow Dragos to give more organisations direct access to its industrial cyber-security technology and services so they can respond more quickly to threats.
The company’s expansion will support a growing roster of customers in Saudi Arabia by bolstering its local presence. To address the burgeoning global market for ICS/OT cyber-security solutions and meet the cyber-security needs of critical infrastructure organisations in all regions and of any size or complexity, Dragos will continue to grow its worldwide operations through the expansion.
“Like organisations worldwide, companies in this region hold security and availability as top priority and seek a security partner that understands the unique challenges industrial environments present, while also having a strong understanding of the threats impacting operational technology”, said Bruce Niven, Chief Investment Officer at Aramco Ventures. “Dragos is that partner and as a testament to our trust in them, we have invested in the company. We are pleased that Dragos continues to expand its footprint to enable more organisations in the region to secure the critical infrastructure that serves our communities and contributes to the global economy”.
Including ransom-ware, the preeminent threat to IT and OT environments in the region, Saudi Arabia is targeted by a wide range of cyber-attacks due to its geopolitical prominence and prosperity. Saudi Arabia, over the recent past has made extraordinary advances in cyber-security, with a global achievement ranking of 2 out of 193 countries in the world, according to the 2021 Global Cyber-security Index, issued by the United Nations’ International Telecommunication Union.
Coinciding with Dragos’s expansion announcement in Saudi Arabia, CEO Robert M. Lee will present a keynote at @Hack, the region’s largest cyber-security event in Riyadh, attracting 14,000 visitors. He will join other leaders in the session, Cyber Enabled Journey: Successful Digital Transformation Recipe, on Monday, Nov. 29, to discuss the role of cyber security as an enabler in industrial digital transformation.
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