CTM360 Recognized as a Global Leader in Digital Risk Protection (DRP) Enabling Technology by Frost & Sullivan

Historic First Arab World Cybersecurity Technology Company to Capture 2022 Frost & Sullivan Leadership Award

  • Feb 07, 2023

CTM360, the first Arab world cybersecurity technology operating at a global scale, has captured the Frost & Sullivan 2022 Global Digital Risk Protection Enabling Technology Leadership Award for excellence in commercialization success, application diversity, commitment to creativity and customer service experience. The company is referenced in Frost & Sullivan’s report, titled “The Global Digital Risk Protection (DRP) Industry Excellence in Best Practices.”

Frost & Sullivan conducted extensive industry research and analysis to highlight the top companies excelling in Digital Risk Protection (DRP), as well as analysis on companies that combine comprehensive Cyber Threat Intelligence (CTI), Digital Risk Protection (DRP), and External Attack Surface Management (EASM) capabilities into a centralized External Risk Mitigation and Management (ERMM) system. Bahrain-based CTM360 is among the few that originated an integrated approach to consolidate these three technology verticals, now collectively termed ERMM.

On the recognition of the Frost and Sullivan Award, CTM360’s CEO, Mirza Asrar Baig, stated “We are proud that Frost & Sullivan has recognized our commitment to a consolidated DRP strategy. With this award, we become the first-ever cybersecurity technology in the Arab world to be recognized at a global-level.” he said. “The award reflects my team’s efforts and belief in building world class technology with a focus on high data quality and relevance. Making this global mark is a testament to their remarkable design thinking, dedication, and agility.”

Baig credited Bahrain’s Economic Vision 2030, the innovation-driven economy and the government’s focus on cybersecurity are major driving forces for entrepreneurs. “We have had tremendous support and encouragement from multiple public entities,” he said.

The technology leadership is reflected in the DRP stack framework by CTM360 that consists of several use cases, including but not limited to: external attack surface management, security ratings, third-party risk management, surface, deep and dark web monitoring. It also includes cyber threat intelligence, brand protection and anti-phishing, online anti-fraud, data leakage protection, social media fraud monitoring, cloud threat hunting, and complemented by unlimited takedowns and investigations on a fixed fee basis.

In the report, Frost & Sullivan highlighted various features of CTM360’s ERMM platform, which empowers organizations to map their entire external attack surface through automated asset discovery, detect and mitigate any potential risks and threats, harden their environment and more. 

Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products, but also enables the development of new products and applications. The award recognizes the high market acceptance potential of the recipient’s technology.

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