Naoris will introduce the first-ever blockchain-based cybersecurity system across IT Networks in the Middle East. It follows launch of the ‘Dubai Cyber Security Strategy’ by HH Sheikh Mohammed bin Rashid Al Maktoum.
Dubai-headquartered IT solutions company PROW has agreed to utilise Noaris’ AI and blockchain-based platform to help secure its clients’ networks. PROW manages IT projects across a range of sectors including government, healthcare and retail.
Multiple high profile infrastructure, construction, IT and government projects in the Middle East has necessitated the requirement for robust cybersecurity networks. Analysts at International Data Corporation (IDC) predict that the cybersecurity market within the region will double over the coming four years to $22.14bn in 2022 (up from $11.38bn in 2017) [http://www.itp.net/617541-unlocking-the-network-security-opportunity].
As a result, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the ‘Dubai Cyber Security Strategy’ in 2017 to provide integrated cyberspace protection and support innovation in cyberspace across the emirate region. Based on five pillars, the initiative will implement cyber smart technology, innovation, cyber security, cyber resilience, and collaboration on an international level. The centre will work with government agencies to strengthen Dubai’s position as a world leader in innovation, safety and security.
Current cybersecurity models mean that multiple devices on the same network can provide an entry point for hackers to gain access to the entire system – which could have huge consequences, especially in governmental and healthcare digital arenas.
Naoris’ infinitely scalable platform, the Naoris Security Ecosystem (Naoris SE), offers near-instantaneous detection and reporting of cyber threats, facilitating a consensually approved fix action without the need to rely on a central point of failure to command changes. Results are then disseminated onto an immutable ledger, where they become accessible and independently auditable.
The platform’s rule-bound and distributed consensus ecosystem allows fixes to occur before attacks have time to spread. Each node in the blockchain acts as an additional distributed layer of protection, which means that while traditionally networks become weaker as more devices are connected, Naoris’ solution allows networks to become exponentially more secure and agile as they expand.
David Carvalho Founder and CEO of Naoris, commented:
“The Middle East is experiencing an ever-changing shift of data networks following its rapid advancement with digital technologies. This has led to further requirements of robust cybersecurity systems within private and public sector organisations. The blockchain provides a novel and effective way of protecting typically hard to defend environments from cyber threats and ensuring no end-point provides a threat for the network or its data.
“We are pleased that PROW has agreed to utilise our platform across its networks. As project managers and IT experts, PROW can see that we will be invaluable to its clients and offer well-guarded solutions as its networks grow larger and more complex.”
Roland Hash, Managing Director of PROW, added:
“We are proud to sign an agreement with Naoris that will revolutionise our cybersecurity networks using the latest AI and blockchain technologies. As we expand, the need for advanced cybersecurity becomes fundamental for our solutions to clients. Naoris is the lead provider of scaleable and robust systems that will help secure our data infrastructures across the Middle East.”
© Press Release 2018