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How to reveal company’s information security issues for free

by CXO Staff
November 13, 2023
in Advertorial, Brand View

Lev Matveev, Chairman of the Board of Directors of SearchInform outlines the measures needed to safeguard your company.

How to reveal company’s information security issues for free

In 2022, 72% of UAE companies faced information security incidents due to their employees’ actions. Probably, you wish to ensure protection of your company, but don’t know, where to start? Let’s get to the bottom of it together.

Not all the companies can ensure full-fledged protection against data breaches, insider trading, internal fraud and other threats, related to employees’ actions. There are different reasons for this:

  • Budgets, allocated on Information Security (InfoSec) needs aren’t sufficient
  • Executives don’t have enough time to understand the issue
  • There is a lack of competent specialists on the market.

In small businesses, at best, information security (IS) tasks are assigned to system administrators or other IT specialists. At worst, no one is in charge of ensuring InfoSec protection. At the same time, according to the Trellix survey, 66% of CISOs in the UAE believe their organisations’ information security protection isn’t enough reliable.

The quick way to deal with data leak threat and ensure insider threat protection is to delegate these tasks to information security outsourcing experts.

 

To which organisations does the IS outsourcing service suitable for? 

Firstly, the service is applicable for organisations with 30 to 500 employees, which don’t have an onboard IS officer, specific protective software implemented; lack technical and other resources, required for ensuring of information protection.

What’s more, large companies use IS outsourcing to offload their onboard employees and help them during periods of business expansion or staff reduction; when it is required to cut down expenditures or test software to evaluate, whether it suits the company’s needs.

 

How does the service work?

SearchInform entered the UAE market as MSSP because there are no analogues of our service in the region, thus, I’ll focus on our service and reveal, how it works.

We take on all the tasks, related to protection of the customer’s company: software installation and configuration, provision of equipment (cloud) and outsourcing analytical experts. The outsourcing experts are responsible for:

– Prevention of data leaks.

– Detection of corporate fraud attributes (kickbacks, side companies).

– Detection of labour violations, sabotage, absenteeism, and other HR security breaches.

– Investigation of IS incidents.

– Detection of employees’ illegal actions in the IT infrastructure (installation and uninstallation of prohibited software and theft of equipment).

– Audit of data access rights.

– Audit of compliance with data protection regulations, etc.

The analyst provides the customer with detailed reports within the period, agreed beforehand. In case of urgency, the outsourcing expert promptly notifies customer’s employee in charge, thus, the employee can urgently intervene the situation.

 

The typical case of our customer: 

During the trial term, it turned out that the supply manager was a gambler and needed money. Such employees always fall into a risk group, especially if the position in the organisation provides employee with opportunities for corruption. The reason for suspicion appeared very quickly – one of the contractors sharply increased the prices for the purchased equipment. Our analyst’s investigation revealed that the reason was that the kickback was added to the equipment’s final price. The losses would have amounted to tens of thousands of dollars. The outsourcing expert promptly informed the customer company’s executives, and the unfavorable deal was canceled. 

 

How much does it cost?

When delegating IS tasks to outsourcing analytical experts, the customer gets a number of advantages.

First of all, budget savings. For small and medium-sized businesses, having their own IS department is often an unaffordable expense. It’s required to purchase software and equipment, hire an onboard IS officer. Overall, the expenditures are about several hundred thousand dirhams. In comparison, our service costs about AED 140,000 per year for a company, which has 100 employees. This is even lower than just the annual salary of one IS specialist.

Secondly, the company doesn’t depend on an onboard employee, who can get sick, quit, take a vacation, etc. We have a few in-hose IS analysts, so in case of force majeure another analytical expert takes over the work.

Besides, small and medium-sized businesses have difficulties in hiring IS specialists. Experienced experts tend not go to work in small companies, so service helps to solve this problem.

 

Reveal IS problems in your company free-of-charge

We at SearchInform are confident in the quality of our service, and that’s why we provide our customers with the opportunity to use the service . It’s also an opportunity to conduct an audit, which will help to reveal existing problems (if there are any) and detect weaknesses in defense, issues with the IS rules established.

During the first month of service usage, our clients learn about sensitive information handling related violations, data leak attempts, cases of idleness, absenteeism, inefficient use of work time, third party employment and working for market competitors. These violations convincingly demonstrate the benefits of ensuring information security protection, thus, about 70% of clients continue co-operating with us after the trial month.

Request the free one-month service trial

Contact us to learn more about our service:

Email: uae@searchinform.com

Office Address: 10C-15, I-Rise Tower, Hessa Street, Barsha Heights, Dubai

Tags: SearchInform
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