CYFIRMA and ETEK establish strategic partnership to help businesses fight cybercrime with predictive insights and cyber-intelligence in Latin America & India

Published On : 2022-11-22
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CYFIRMA and ETEK establish strategic partnership to help businesses fight cybercrime with predictive insights and cyber-intelligence in Latin America & India

ETEK deal will leverage CYFIRMA’S external threat landscape platforms to give businesses visibility to emerging cyber threats targeting them so they can mitigate risk and grow their business

Delaware, USA and Bangalore, India – 22 Nov, 2022 – CYFIRMA, the industry’s first external threat landscape management platform company, and ETEK, the leading managed cybersecurity services provider, today announced a landmark partnership that will combine their market-leading capabilities in service of enterprise customers in Latin America and India.

The collaboration gives CYFIRMA access to two cybersecurity markets, Latin America and India, where the former is anticipated to grow at an overall compound annual growth rate (CAGR) of 12.3 % and will be worth USD 20.65 Bn by 2023, according to a 2022 report by Market Watch.

Together the companies will bring to market state-of-the-art platforms, DeCYFIR and DeTCT, that will accelerate secure digital transformation, modernize cybersecurity strategies and processes, support business continuity and mission critical applications, and further enable modern digital experiences for customers.

With the DeCYFIR platform, six threat views are presented on a single pane of glass to help businesses build more effective and efficient cybersecurity strategies and plans to meet emerging threats. These six threat views are attack surface discovery, vulnerability intelligence, brand intelligence, digital risk monitoring and protection, situational awareness and cyber-intelligence. When the insights are harnessed in totality, business leaders can make accurate decisions and direct scarce cybersecurity resources to mitigate risks according to threat severity. The platform picks up threat indicators as observed in deep/dark web, hackers’ forums, and other communities, and predicts upcoming attacks based on a set of probability mathematical models and analytical engines.

DeTCT is the cutting-edge digital risk protection platform helping customers identify and monitor for vulnerabilities and potential attack vectors, develop an awareness of data leaks and breaches as well as the risks posed by third parties. With this partnership, businesses can also subscribe to DeTCT via ETEK to protect their brand and reputation by detecting copyright infringement and identity theft.

The long-term partnership will open additional markets and new customers for CYFIRMA across all industries and illustrates the speed and commitment the company is placing on forging strong relationships with leading enterprise security service providers.

“We’re investing in our partner ecosystem to support the success of our clients, and we’re focused on expanding our market opportunity towards proactive managed security services and helping our clients mitigate critical risks,” said Praveen Sengar, CEO, ETEK International Corporation. “In this landmark relationship with CYFIRMA, ETEK is matching our deep expertise in managing mission-critical security projects with the benefits of CYFIRMA’s DeCYFIR and DeTCT to be at the heart of sustainable cybersecurity providing business resilience for our enterprise clients.”

“The case for better cybersecurity strategies has never been more urgent, and clearer,” said Kumar Ritesh, Founder and CEO, CYFIRMA. “As ETEK’s only external threat landscape management platform partner, with the power of the DeCYFIR and DeTCT, we will help customers across every industry build stronger cyber defenses and modernize their business for the era ahead. We are looking forward to partnering with ETEK to serve our shared customers, building on its expertise of delivering mission-critical IT systems and services, as well as the company’s deep relationships with enterprises in Latin America & India.”

The companies will jointly focus on creating new solutions and products for customers and develop go-to-market initiatives.

CYFIRMA is an external threat landscape management platform company. We combine cyber intelligence with attack surface discovery and digital risk protection to deliver early warning, personalized, contextual, outside-in, and multi-layered insights. Our cloud-based AI and ML-powered analytics platform provides the hacker’s view with deep insights into the external cyber landscape, helping clients prepare for impending attacks. CYFIRMA is headquartered in Singapore with offices in Japan, India, US and EU. The company is funded by Goldman Sachs, Zodius Capital, and Z3 Partners.
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ETEK International Corporation is a leading international provider of end-to-end Information Security services and solutions. ETEK’s portfolio specializes in preventing, controlling, detecting, neutralizing and reducing events that represent a risk to the integrity and confidentiality of our clients. ETEK has been certified CSIRT (Computer Security Incident Response Team) by FIRST (Forum of Incident Response and Security Teams), which accredits it as a world-class information security incident response team.
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