MOU will define a path for the creation of an API protection offering for Aramco’s Digital Marketplace
(BUSINESS WIRE)--Cequence, a pioneer in API security and bot management, today announced it has signed a memorandum of understanding (MoU) with Aramco Digital Company, Saudi Aramco's digital and technology subsidiary, to establish plans for a strategic collaboration to enhance and localize API security within the Kingdom of Saudi Arabia.
The collaboration aims to propel the digital transformation of Saudi Arabia’s industrial sectors. By implementing Unified API Protection (UAP), it will safeguard critical data and functionality exposed through APIs. It follows the recent launch of Aramco Digital Company, which aims to accelerate digital transformation within the Kingdom, and the Middle East and North Africa (MENA) region. Additionally, the companies will explore creating a first-of-its-kind API Protection offering for ADC’s Marketplace.
Ameya Talwalkar, CEO of Cequence, and Moataz Lami, CISO of Aramco Digital, signed the MoU on behalf of Cequence and Aramco Digital Company, respectively. Also in attendance were Andy Mills, VP EMEA of Cequence, and James Sherlow, director, solutions engineering of Cequence.
"The digital landscape's expansion, especially with the advent of generative AI and its reliance on APIs, has made APIs the number one target for attackers,” said Talwalkar. “As APIs become the backbone of digital transformation, securing them is paramount. This partnership underscores our commitment to providing best-in-class API security solutions that shield sensitive data and guarantee seamless and secure adoption of AI in enterprises."
Cequence's innovative Unified API Protection platform is the only API protection solution with integrated Bot Management that eliminates unknown and unmitigated security risks across web, mobile and all phases of the API security lifecycle.
With Cequence, organizations can ensure they can secure and defend mission-critical applications from data loss, fraud, and business disruption. Security teams deploying the UAP platform achieve continuous protection of their complete API risk surface, enabling their organizations to reap the competitive and business advantages of ubiquitous API connectivity securely while meeting regulatory compliance.
Cequence launched a major Middle East expansion in 2023, securing investment from Prosperity7 Ventures to meet surging regional demand. Additionally, Cequence partnered with AmiViz, the Gulf Cooperation Council (GCC) region’s first enterprise B2B marketplace, to introduce the power of the UAP platform to enterprises across the region. Cequence stands at the forefront of innovative security solutions in the region, safeguarding a diverse portfolio of organizations, including the largest telecommunications provider. This distinction underscores their ability to deliver unparalleled, turnkey solutions adept at addressing the unique challenges and nuances specific to the region and various industries.
About Cequence Security
Cequence, a pioneer in API security and bot management, is the only solution that delivers Unified API Protection (UAP), uniting discovery, compliance, and protection across all internal and external APIs to defend against attacks, targeted abuse, and fraud. Requiring less than 15 minutes to onboard an API without requiring any app instrumentation, SDK, or JavaScript integration, the flexible deployment model supports SaaS, on-premises, and hybrid installations. Cequence solutions scale to handle the most demanding Fortune and Global 2000 organizations, securing more than 8 billion daily API calls and protecting more than 3 billion user accounts. To learn more, visit www.cequence.ai.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240530423314/en/
Contacts
Katrina Porter
press@cequence.ai
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