Telefónica Tech, Telefónica's digital business unit, and ATCSC, the cyber security arm of Saudi Arabia's stc, have signed a strategic agreement to enhance advanced cyber security solutions through the joint development of new products and services by combining their capabilities.
This agreement is a further step that reinforces Telefónica Tech's strategy to lead the cyber security market.
In addition, through this collaboration agreement, the two companies will share best practices on Managed Security Services, Advanced Professional Services and Threat Intelligence Information.
Rames Sarwat, International Markets Sales VP at Telefónica Tech
The agreement with ATCSC will allow us to share knowledge on the best techniques to detect and resolve threats in our respective markets, which is essential given the current international expansion of businesses.
Abdulrahman AlManea, VP of Product Mgmt. and Marketing at ATCSC
During the COVID pandemic, many organizations across the globe had to accelerate their digital transformation journey and adopt new methods of doing business. These rapid changes have unfortunately widened the attack surface, this was evident by ATCSC’s analysis that indicated a 350% increase of DDoS attacks in 2020 comparing to 2019, targeting clients in Saudi Arabia.
