SISA Launches AI-Powered MXDR Services for the Digital Payment Industry at the Saudi Payment Security Summit 2024

Riyadh, Saudi Arabia – November 7, 2024 – SISA, a global leader in forensics-driven cybersecurity solutions, proudly unveiled it’s Artificial Intelligence (AI)-powered Managed Extended Detection solution tailored for the digital payment industry. The unveiling took place at the prestigious Saudi Payment Security Summit (SPSS) held on November 6, 2024, in Riyadh, Saudi Arabia.

Building on the success of the Middle East Payment Security Summit in the UAE, SISA collaborated with QNA and the PCI Security Standards Council as the forensics-driven cybersecurity partner for this exclusive event, designed to foster innovation and security for the cardholder ecosystem in the Kingdom of Saudi Arabia. The summit attracted over 150 senior professionals from leading merchants across Saudi Arabia, including cybersecurity, IT, and Governance, Risk, and Compliance (GRC) experts. The event featured in-depth keynotes, panel discussions, and fireside chats, focusing on the latest advancements in payment security. A key emphasis was the transition to PCI DSS v4.0, with discussions offering practical insights and strategies for aligning payment security practices with Saudi Arabia’s evolving regulatory requirements.

Attendees were given an exclusive preview of the AI-driven threat intelligence and automated response mechanisms of SISA ProACT, designed to enhance security for organizations handling payment data and sensitive information.

Dharshan Shanthamurthy, Founder & CEO of SISA, said “The Saudi Payment Security Summit 2024 is a landmark occasion with the launch of our AI-powered threat intelligence and response solution, establishing SISA’s presence in Saudi Arabia. Partnering with industry leaders like QNA and the PCI Security Standards Council allowed us to showcase our cutting-edge, AI-powered solutions and share our forensics-driven approach to securing payment data. The launch of ProACT MXDR in Saudi Arabia underscores our commitment to providing the most advanced cybersecurity solutions tailored for the region and highlights our expansion into the Saudi market.”

The Saudi Payment Security Summit also facilitated robust discussions on emerging threats and innovative solutions in payment security, providing SISA with a platform to demonstrate its leadership in AI-driven cybersecurity, with the recent launch of its AI cybersecurity certification program- CSPAI, the world’s first ANAB-accredited AI security certification.

As the summit concluded, it reinforced the critical role of collaboration and continuous innovation in the payment security landscape. SISA remains steadfast in its mission to advance a secure payment environment across the Middle East, leveraging its AI-powered solutions and forensics expertise to help organizations anticipate and address cybersecurity challenges while achieving compliance with evolving standards.

About SISA:

SISA is a global forensics-driven cybersecurity solutions company for the digital payments industry, trusted by leading organizations for securing their businesses with robust preventive, detective, and corrective cybersecurity solutions. SISA’s problem-first, human-centric approach helps businesses strengthen their cybersecurity posture. SISA applies the power of forensic intelligence and advanced technology to offer true security to 2,000+ customers across 40+ countries.