Binalyze helps make enterprise and managed service providers cyber-resilient through fast, scalable, and automated digital forensics
Dubai, United Arab Emirates, Monday 13th October 2022: Founded in 2018, Binalyze is a leading player in Enterprises Forensics, and they have teamed up with Dubai headquartered Credence Security to distribute their state-of-the-art forensic solutions to enterprises and government institutions in the Middle East, India and Africa.
As per IBM’s ‘Data Breach Report 2021’, the average cost of a data leak event is $4.2 million, and the cost of ransomware is $4.6 million, excluding the demanded ransom costs.
Data breaches that took over 200 days to identify and contain, typically cost an average of
$4.87 million. With 29% of the average total cost breakdown being detection and escalation costs, mostly consisting of forensic and investigative activities.
“Binalyze is a natural fit with Credence Security. Thanks to their trusted reputation, long-standing relationships within the enterprise security marketplace, in addition to their excellent pre and post-sales support capability. We look forward to accelerating our growth across these regions” said Dee Richartz, VP EMEA, Binalyze.
Speed and resilience have become the top priorities for every business today and some recent studies indicate that it just takes a few hours for a threat actor to get what they need.
Organisations need to be more holistic in their DFIR approach and that’s where Binalyze comes into play, helping speed up incident response processes by providing forensically sound visibility to enterprises and MSSPs at scale.
“The Middle East, India and African regions have always been our top priority markets. It’s great to be able to provide best-in-class forensics solutions and cater to the investigation needs of various stakeholders” said Yusuf Usta, Lead Solutions Expert from Binalyze.
Garreth Scott, Managing Director of Credence Security added “It’s exciting to bring Binalyze and their solutions onboard to the Credence Security portfolio. As the world's fastest & most comprehensive enterprise forensics suite, we look forward to delivering high-speed investigative solutions to our end-user customers and partners”.
To summarise, the Credence Security and Binalyze partnership will focus on providing the latest innovative Enterprise Forensics solutions to end-users and partners across the Middle East, India and African regions.
Binalyze is the world's fastest and most comprehensive enterprise forensics solution. Their software remotely, securely, and automatically collects more than 240 digital forensics artefacts in under 10 minutes. With evidence collected, their Timeline, Triage and Drone features help you to collaborate and complete incident response investigations quickly and dramatically reducing dwell time. Binalyze saves you time, reduces cybersecurity operational costs and helps you prevent the financial and reputational losses associated with cyber-attacks.
ABOUT CREDENCE SECURITY:
Established in 1999, Credence Security, a PAN-EMEA specialty Value-added Distributor, is a leader in Cybersecurity, Forensics, Governance, Risk and Compliance. With headquarters in Dubai and regional offices in Johannesburg, London, Nairobi, and Hyderabad. We are a pure-play provider of security and forensics solutions, to both public and private sector enterprises across Europe, Middle East, and Africa, through a select network of specialist resellers.
For more information about Credence Security, visit credencesecurity.com or follow them on social media at: