Johannesburg, 25 Jan 2022
Group-IB, one of the global cyber security leaders, has signed a partnership agreement with Corr-Serve, a South African value-added distributor of IT solutions. The partnership allows Corr-Serve to bolster its cyber security portfolio with the full stack Group-IB’s solutions and services, dedicated to detecting and preventing cyber attacks, including with cyber threat intelligence, in-depth attack analysis and effective incident response.
According to a recent Hi-Tech Crime Trends 2021/2022 report, South African enterprises were the most frequent targets of the sellers of access to compromised networks in H2 2020 – H1 2021 in Africa. South Africa’s share accounted for almost 25% of the total number of access sales in Africa during the reporting period. A sharp increase in the number of offers to sell access to compromised corporate networks became one of the underlying trends on the cyber crime arena. Initial access brokers actively partner with ransomware operators, removing the need for them to break into corporate networks on their own.
To address these ever-evolving cyber threats in the region, Group-IB makes its full gamut of highly sophisticated software and hardware solutions designed to monitor, identify and prevent cyber threats available for the resellers in the Corr-Serve fold. Group-IB’s flagship products were named one of the best in class by Gartner, Forrester, IDC, Frost & Sullivan, and KuppingerCole Analysts include Threat Intelligence & Attribution, Threat Hunting Framework, Digital Risk Protection, Fraud Hunting Platform, Asset Zero (Attack Surface Management) and Group-IB Atmosphere (Cloud Email Protection). Additionally, the Corr-Serve reseller network will benefit from Group-IB’s cyber security service wing. The partnership allows Corr-Serve to bolster its cyber security portfolio with globally recognised products and services guarding companies in more than 60 countries against known and unknown threats to digital assets.
“Group-IB’s adversary-centric approach, based on 18 years of experience, brings a much-needed solution to South African shores,” says Mark van Vuuren, Product Director at Corr-Serve. “With identity fraud on the rise, reportedly over 330% last year, solutions that help prevent and investigate are critical at this point in time. We’re proud to be able to add the best online fraud detection and enterprise fraud management solutions to our books.”
Corr-Serve has a strong and established network that covers a number of business sectors and industry specialisations in both public and private organisations.
“We see our partnership with Corr-Serve as an opportunity to assist in reducing cyber crime by providing companies with a clear understanding of the threats and adversaries relevant to them, as well as the tools to defend against attacks,” says Nicholas Palmer, Head of Global Business at Group-IB. “Group-IB has been leveraging this adversary-centric focus in all its products to defend its customers against particular threats that pertain to their infrastructure. Armed with the right information, businesses can proactively hunt for cyber criminals and shield their network infrastructure against possible attacks.”
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Group-IB
Group-IB is one of the leading providers of solutions dedicated to detecting and preventing cyberattacks, identifying online fraud, investigation of high-tech crimes and intellectual property protection, headquartered in Singapore. The company’s threat intelligence and research centers are located in the Middle East (Dubai), the Asia-Pacific (Singapore), Europe (Amsterdam), and Russia (Moscow).
Group-IB’s Threat Intelligence & Attribution system has been named one of the best in class by Gartner, Forrester, and IDC. Group-IB’s Threat Hunting Framework (earlier known as TDS) intended for the proactive search and the protection against complex and previously unknown cyberthreats has been recognized as one of the leaders in Network Detection and Response by the leading European analyst agency KuppingerCole Analysts AG, while Group-IB itself has been recognized as a Product Leader and Innovation Leader. Gartner identified Group-IB as a Representative Vendor in Online Fraud Detection for its Fraud Hunting Platform. In addition, Group-IB was granted Frost & Sullivan’s Innovation Excellence award for its Digital Risk Protection (DRP), an Al-driven platform for identifying and mitigating digital risks and counteracting brand impersonation attacks with the company’s patented technologies at its core. Group-IB’s technological leadership and R&D capabilities are built on the company’s 18 years of hands-on experience in cybercrime investigations worldwide and 70,000 hours of cybersecurity incident response accumulated in our leading forensic laboratory, high-tech crime investigations department, and round-the-clock CERT-GIB.
Group-IB is an active collaborator in global investigations led by international law enforcement organizations, such as Europol and INTERPOL. Group-IB is also a member of the Europol European Cybercrime Centre’s (EC3) Advisory Group on Internet Security created in order to foster closer cooperation between Europol and its leading non-law enforcement partners.
Group-IB's experience in threat hunting and cyber threat intelligence has been fused into an ecosystem of highly sophisticated software and hardware solutions designed to monitor, identify, and prevent cyberattacks. Group-IB's mission is to protect its clients in cyberspace daily, creating and leveraging innovative solutions & services.
Corr-Serve
Corr-Serve provides intelligent solutions for today’s digital complexities, unrelenting innovation and continuous business risk and security threats. The company’s solutions interpret security, performance and governance data, harnessing the power of Machine Learning (ML) and Artificial Intelligence (AI) for analytics that make sense of the digital noise. www.corrserve.co.za