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DEALING WITH DIGITAL THREATS.

Summary: EYs MENA cybersecurity centre in Muscat is the first of its kind in the region, serving clients across the Middle East and North Africa. It will protect regional companies against emerging digital threats. Oommen John P reports

EY has opened a multimillion MENA Digital Security Operations Centre (DSOC) in Muscat. Using EYs latest award- winning cyber analytics platform, the 24-hour facility offers cybersecurity- monitoring services focused around threat detection and threat hunting of the entire digital ecosystem covering

information technology (IT), operational technology (OT) and the internet of things (IoT).

The facility was inaugurated by HE Dr. Ahmed Mohammed Salem Al- Futaisi, Minister of Transport and Communications recently. The launch is in

response to the increased demand for cybersecurity services, and to solve the most complex cyber problems using machine-learning technology.

Ahmed Amor Al-Esry, Oman Managing Partner, EY, says, The security centre in Muscat is the first of its kind in the region, serving clients across the Middle East and North Africa. Oman plays a key strategic role in the Middle East as the GCC Computer Emergency Response Team (CERT), which also encompasses

wider CERT responsibilities for Middle East and Africa. Similar to other GCC countries, Oman is significantly investing in cyber talent through education and

training, which allows EY to hire the right foundational level security professionals into its digital security functions. The facility is an excellent way for EY

to contribute to GCC national talent development by utilising the skills of Omani cyber professionals in the country.

The EY MENA DSOC leverages its exclusive strategic alliance with Los Alamos National Laboratory (LANL), a leader in solving security challenges

using technology and cyber analytics, to deliver some of the most advanced behavioral cybersecurity tools available such as the award-winning anomaly detection technology, PathScan. EY and LANL were recently awarded a prestigious global scientific R&D 100 award for the development of this world-leading solution. Clients can now access one of the worlds most advanced cyber technology solutions, delivered as a service through EYs DSOC on a

subscription-based model. The centre will have a dedicated focus on the MENA region in respect to its unique challenges and threats.

Clinton Firth, MENA Cybersecurity Leader, EY, says, As many organisations have learned, cyberattacks are no longer a matter of if, but when. Hackers

are increasingly relentless. When one tactic fails, they will try another until they breach an organisations defenses. At the same time, rapid technology

adoption is increasing an organisations vulnerability to attack through increased online presence, broader use of social media, mass adoption of mobile

devices, increased usage of cloud services, and the collection and analysis of big data.

EY Cyber Analysts will be able detect and track advanced attackers inside a clients network and actively monitor an attack throughout its lifespan,

providing valuable insights for focused countermeasures and remediation, says Clinton. Specialised MENA DSOC analysts will be able to address four

key cyber challenges affecting companies in the region: holistic digital ecosystem coverage, continuous 24x7 security monitoring, incident response, and

threat intelligence. According to EY Global Information Security Survey 2016, 57 per cent of respondents have had recent significant cybersecurity incident. The centre will significantly cater to the volume from outside Oman.

DSOC is the latest addition to EYs global cybersecurity centres. The centre is part of EY wavespace, a global EY network of growth and innovation

centres to help clients catch the next wave in radical breakthroughs in business transformation by tapping into innovative thinking across EY disciplines,

experience and industry sectors.

Traditional security systems are struggling to keep pace as organisations continue to invest in technology that makes their systems more intelligent, automated, and digitally connected. Consequently, there is an increasing need for organisations to embrace a more sophisticated approach to cybersecurity

if they are to remain protected, adds Clinton.

There is no industry that is immune, and as clients move their operations to digital to provide the benefits that brings, it also increases the exposure of

cyber risk. All enterprise clients need to move to a form of 24/7 monitoringto protect their digital presence from attack regardless of industry, says Clinton.

Gerard Gallagher, AIM (Africa, India, Middle East) Advisory Leader at EY says the centre will expand in the next couple of years and would have a staff strength of around 200 people. Wasim Khan, Deputy MENA Advisory Leader, EY added that EYs objective is to give value proposition. Mohamed Nayaz, MENA Cyber Resilience Leader, EY informed that EY will provide custom built solutions to its clients in banking, financial services, oil and gas and health sectors.

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Publication:Oman Economic Review (OER)
Geographic Code:70MID
Date:Jan 25, 2018
Words:776
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