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Frost & Sullivan recognises Bahrain’s CTM360

CTM360 is the first Arab cybersecurity company to receive the award

CTM360 has received the prestigious Frost & Sullivan 2022 Global Digital Risk Protection Enabling Technology Leadership Award.

This recognition acknowledges CTM360’s outstanding achievements in commercialisation success, application diversity, commitment to creativity, and customer service experience. The company’s excellence is acknowledged in Frost & Sullivan’s report titled “The Global Digital Risk Protection (DRP) Industry Excellence in Best Practices.”

“We have received immense support and encouragement from various public entities,” said Mirza Asrar Baig, CEO of CTM360. “We are proud that Frost & Sullivan has recognised our dedication to a consolidated DRP strategy. This award establishes us as the first-ever cybersecurity technology from the Arab world to be acknowledged globally. It is a testament to the hard work, innovative thinking, and customer-centric approach of our team, who strive to develop world-class technology with a focus on data quality and relevance.”

In 2022, Frost & Sullivan conducted extensive research and analysis to identify the leading companies excelling in Digital Risk Protection (DRP). The report also examined organisations that integrate comprehensive Cyber Threat Intelligence (CTI), Digital Risk Protection (DRP), and External Attack Surface Management (EASM) capabilities into a centralised External Risk Mitigation and Management (ERMM) system. CTM360, based in Bahrain, is among the few companies that pioneered an integrated approach to consolidate these three technology verticals, now collectively referred to as ERMM.

Baig attributes the company’s success to Bahrain’s Economic Vision 2030, the innovation-driven economy, and the government’s emphasis on cybersecurity, which serve as major driving forces for entrepreneurs. “We have received tremendous support and encouragement from multiple public entities,” he added.

The Frost & Sullivan report highlights various features of CTM360’s ERMM platform, which enables organisations to map their entire external attack surface through automated asset discovery, detect and mitigate potential risks and threats, and strengthen their environment, among other capabilities.