Ooredoo has today announced that it will enhance and expand its portfolio of cybersecurity services, in response to requests from companies participating in the second Information Security Conference for the Financial Sector in Qatar this week.

Ooredoo was an official sponsor of the conference held at The Ritz-Carlton in West Bay, and had a booth at the event to exhibit the company’s next-generation security solutions.

During the conference, which saw Ooredoo’s Assistant Director of Digital ICT Solutions, Muhammad Mudassar, deliver a speech on cybersecurity threats, the company highlighted its wide range of managed security services and cloud-based solutions.

Waleed Al Sayed, CEO, Ooredoo Qatar, said: “Ooredoo takes part in events like the Information Security Conference for the Financial Sector to support knowledge-sharing across Qatar, and also to meet with our customers and learn about their business priorities. Based on the feedback we received during the event, we are looking to upgrade our dedicated security portfolio to meet the needs of Qatar’s banking sector, starting with our suite of managed security services.”

“These new developments demonstrate that Ooredoo is a fully-fledged Managed Security Service Provider with extensive capabilities which are unique in Qatar,” he added.

Ooredoo has recently introduced features such as Managed SOC (Security Operations Centre), Managed Firewall offering 24x7 monitoring and management of security devices, and SIEM (Security Information and Event Management), for monitoring customers’ assets and event correlation.

Ooredoo has already previously introduced a range of innovative business security services to Qatar, including a Distributed Denial of Service Attack (DDoS), Cloud Security services and Out-of-Country Disaster Recovery solutions.

Cybercrime and online security were two of the major themes of the Information Security Conference for the Financial Sector in Qatar event, which ran from 15-16 November.

The estimated annual cost of global cybercrime is more than US$1 trillion per year, with healthcare, government, education, banking and retail shops being the most targeted institutions.

During the conference, many companies approached Ooredoo to discuss a new wave of solutions available to prevent hacking and online theft of information, and, based on feedback, Ooredoo will reboot its portfolio, with a particular view to help protect small and medium-sized businesses in Qatar, which are increasingly being targeted.

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