SecureMisr acquired by Cysiv, a Trend Micro Group Company
SecureMisr, a Cairo-based leading provider of cybersecurity services in Egypt today announced it has been acquired by Cysiv, a US-based cyber security services company that was launched in 2018 by Trend Micro, a global leader in cyber security solutions. SecureMisr, as a Cysiv company, will continue to offer all of its current penetration testing, vulnerability assessment, security operation center (SOC), training and other related consulting services, in Egypt and the Middle East.
“We are very pleased to have been acquired by Cysiv,” said Badr Khairy, co-founder and managing director, SecureMisr. “The combination of SecureMisr’s deep cybersecurity expertise and long track record of success, with Cysiv’s technology platform, vision, and strong Trend Micro heritage and backing, creates a more powerful force for helping enterprises better defend themselves from cyberattacks. The acquisition highlights our highly regarded cyber expertise and service delivery capabilities, and strong presence in a region with tremendous growth potential.”
“We’re very excited to be joining forces with the SecureMisr team,” said Moataz El Sayed, vice president, international business development for Cysiv. “This acquisition gives us a team of highly regarded experts with complementary skills, and well-established customer relationships that together will help launch us in the Middle East – North Africa region. With Egypt’s strong computer science and engineering university programs, Cysiv also gains access to a deep pool of highly capable cyber security talent that can support long-term, sustainable growth, and help enable us to more effectively scale our operations to support broader demand.”
SecureMisr is a leading cyber security services provider, based in Cairo, Egypt and serving clients across the Middle East and Africa. SecureMisr was established in 2008 with the objective of delivering world class quality cyber security services to customers in Egypt and the Middle East. Ever since its establishment, SecureMisr has served as the trusted cyber security partner of Egypt's and the region's top banks, Telecom operators, leading enterprises and government agencies. SecureMisr has successfully delivered hundreds of security projects across the Middle East and Africa since its establishment and trained hundreds of individuals in the various disciplines of cyber security, contributing heavily to raising the levels of security expertise across the region. SecureMisr is also the leading managed security services provider in Egypt providing its customers with 24x7x365 protection against cyber threats.
Cysiv was incubated within Trend Micro and launched in 2018. Trend Micro, a global leader in cybersecurity products, with over $1.5 billion USD in sales and 6,500 employees worldwide, has been investing and hiring heavily in the Middle East – North Africa region and in particular in Egypt, over the past four years.
Cysiv provides Security Operations Center (SOC)-as-a-Service to enterprises that need to better manage cyber risk by accelerating and improving the process of detecting, investigating and remediating threats, and of managing critical security controls. Cysiv uniquely combines all the elements of a proactive, 24/7 threat hunting SOC–including security and threat experts, global intel, processes and playbooks, and technology–with a managed security product stack, and delivers them as a service, with consumption-based, monthly billing. Cysiv’s cloud-native, next-gen SIEM overcomes the limitations, deployment challenges, and frustrations associated with traditional solutions. It combines essential technologies and functions into a single co-managed platform, and leverages advanced data science techniques to automate the time-consuming, complex but critical activities and processes for truly effective threat detection, hunting, investigation, and remediation.
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