November 1, 2016

malomatia and Encryptics Forge a new agreement on data protection solutions for Qatar’s financial services sector

Qatar’s leading IT service provider malomatia, and ‘Encryptics’, a Texas-based specialist in Cyber Security Data Protection, announced a strategic agreement during the third conference on Information Security for financial institutions, hosted by the Qatar Central Bank.

malomatia holds the exclusive rights to market Encryptics technology and services in Qatar and sees the demand for these services growing across many sectors with the increasing importance of data security in many corporate and governmental environments.

Yousef al-Naama, malomatia managing director, said, “malomatia’s partnership with Encryptics empowers data owners by delivering true end-to-end privacy and security. It gives clients in Qatar access to advanced global expertise combined with malomatia’s strong presence on the ground, ensuring both a strong interpersonal relationship with the teams and the most extensive subject matter expertise.”

Siham Boulbadaoui, Encryptics General Manager said, “malomatia’s reputation in the market with its local presence and extensive technical capabilities are a perfect match for Encryptics’ ambitions in Qatar. We are confident that the strategic alliance will drive significant value for Encryptics, malomatia and most importantly our joint customers in Qatar.

Qatar Central Bank and some of its a listed banking institutions in Qatar have already transitioned to using Encryptics to proactively secure their digital assets and prevent data loss.