CyberKnight Technologies has announced a strategic partnership with Scanwave to enhance Governance, Risk, and Compliance (GRC) solutions across the Middle East, Turkey, and Africa (META). The global IRM market is projected to grow to $19.4 billion by 2027, driven by rising regulatory complexity and the push for digital transformation.

The collaboration aims to bolster cyber resilience among organizations in the META region by improving their risk and compliance frameworks. Scanwave offers a comprehensive IRM platform designed to assist organizations in digitally transforming their risk management, compliance, and audit processes, ensuring alignment with business objectives and effective risk mitigation strategies.

Scanwave’s platform includes the RiskWave Cyber Risk Assessment and Management tool, which employs AI for automated risk assessments that prioritize risks according to treatment timelines. Additionally, Scanwave’s CyberWave AI solution provides intelligent reporting that summarizes the security posture of hosts, integrating with various industry scanners for comprehensive security evaluations.

Wael Jaber, Chief Strategy Officer at CyberKnight, stated that GRC has become a priority in the region’s regulatory landscape. He emphasized that the partnership with Scanwave supports META enterprises in their digital transformation efforts, making Integrated Risk Management crucial for ensuring business continuity and adapting to evolving compliance standards.

Dr. Ramzi Sunnar, Executive Chairman at Scanwave, expressed excitement over the collaboration, highlighting their joint mission to deliver advanced risk solutions that empower leaders in navigating a complex risk environment while optimizing operational costs. He noted that together, they aim to expand their presence in the region and enhance their IRM capabilities for organizations facing regulatory challenges.

CyberKnight Technologies is a value-added distributor focused on cybersecurity, headquartered in Dubai, with operations across the META region. The company employs a Zero Trust Security methodology to provide cybersecurity solutions that protect against threats while ensuring regulatory compliance. Scanwave specializes in Digital Integrated Risk Management technology and consultancy services that assist organizations in developing and implementing robust risk governance frameworks.