UAE non-oil exports to UK jump 25%

UAE non-oil exports to UK jump 25%

RIYADH: US multinational IBM Security on Wednesday announced the official opening of its first security operations center in Saudi Arabia

The Riyadh center will offer IBM's private and government sector clients in the Kingdom the option of managing their security operations around the clock via the company's staff and local infrastructure.

The new facility will focus on supporting clients responding to cybersecurity incidents as well as helping manage emerging threats through real-time analysis and early warning notification of security events.

IBM Security analysts and experts will assist clients with expedited incident investigations and remediation plans.

According to a recent IBM study, data breaches on companies in Saudi Arabia cost firms $6.53 million on average per breach “” higher than the global average of $3.86 million per breach.

IBM Managed Security Services manages more than 150 billion security events daily on average.

"The launch of IBM's security operations center in Saudi Arabia is a critical investment not only in helping our clients respond to ever-increasing cybersecurity incidents but also in providing them with local data residency to support their preferences and industry requirements,“ Hossam Seif El-Din, IBM Middle East and Pakistan general manager, said in a statement.

"We are seeing a lot of new threat actors looking to take