STC has signed an agreement with Anomali Company to establish a platform for sharing information about and dealing with cyber threats.
The agreement will also allow STC to upgrade its cybersecurity infrastructure, and support an early alarm system for potential attacks and to predict attacks.
Said STC cybersecurity general manager Eng. Yasser Alswailem following the signing: “Our aim is to continue enhancing cybersecurity for the infrastructure of STC group [and] to protect customers’ data, through bilateral agreements with specialised companies in analysing cyber data to provide information about cyber threats via interactive platforms at the right time.”
STC is the largest telecommunications company in Saudi Arabia. Revenue from services for the second quarter of 2018 reached SR 13.182 billion, an increase of 1.1 percent compared to the same quarter last year. For the first half of 2018, the company maintained the revenue level at SR 25.568 billion.