Cysiv expands SOC-as-a-service operations to Middle East and Africa

SOC-as-a-service provider Cysiv has expanded its operations into the Middle East and Africa region.

In 2020, Cysiv acquired and re-branded SecureMisr, a Cairo-based provider of managed security operations centre (SOC) and related security services to accelerate its expansion in the region. Cysiv, which was incubated within cybersecurity firm Trend Micro, was spun out as an independent company and publicly launched in 2018.

Cysiv MEA now delivers SOC-as-a-service from its global network of SOCs, including its newest one in Cairo. Additionally, Cysiv’s software development centre has established a regional presence in Cairo, and the company has opened a sales office in Dubai and is expanding its sales team in the region.

The investments come amid rapid growth in demand for managed detection and response (MDR) services as well as a growing global cybersecurity skill shortage.

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SOC-as-a-service provides clients with round the clock security and compliance benefits. By leveraging a cloud-based, security information and event management (SIEM) system, along with data science and automation, Cysiv can deliver significantly better outcomes, and a better quality of service, than a traditional on-premise SOC.

“The investments we’re making in the region reflect our belief in the incredible opportunity, and the tremendous talent and resources, of the region,” said Partha Panda, CEO and co-founder of Cysiv.

According to Gartner, 50 per cent of organisations will be using MDR services for threat monitoring, detection and response functions that offer threat containment capabilities by 2025.

“SOC-as-a-service provides organisations with an essential weapon in the ongoing need for stronger defenses against cyberattacks that continue to become more frequent, difficult to detect by traditional means, and more damaging,” said Badr Khairy, chairman of the board for Cysiv MEA.