"Risk Associates & Global iTS Announced Joint Venture"

Bahrain, April 16, 2022 – Risk Associates & Global Information Technology Solution W.L.L. joined their hands and decided to base its headquarters in Bahrain to provide Cybersecurity services and offer training programs to local aspirants related to the skills and expertise in Cybersecurity and Information Security trends. This joint venture will develop, market, and explore new opportunities and accelerate learning development for individuals in the Cyber industry. It will also create a pool of industry-ready resources in Bahrain, promoting cybersecurity services locally and internationally.

This joint venture is the next step in the strategic association formed between Risk Associates and Global Information Technology Solution (GiTS) to enter into teamwork that will facilitate one and all to work in the Cyber industry and be a comprehensive Cybersecurity service provider. Although both companies are committed to providing their expertise and assistance to contribute to this venture, we are proud and excited to work and grow as one.

The ceremony was attended by Dr Aftab Rizvi, CEO at Risk Associates, Mr. Redha Sabt Radhi – Shareholder of Global Information Technology Solution W.L.L along with Directors Mr. Kashif Hassan, Mr. Azam Saeed Hashmi from Risk Associates and Mr. Ahmed Mansoor Abbas Abdulla from Global iTS along with other team members and, existing and potential clients from both ends.

During the ceremony, Dr Aftab Rizvi, stated, “Over the last two decades, we have been successful in strengthening our footprints within Australia, Europe, and Southeast Asia, North America and now our focus is the Middle East. We have realized that there is a dire need of trained resources within the region as well the cybersecurity services providers. Risk Associates is geared up to provide its services in Bahrain and strengthening the core of the local industry. We will bring our knowledge and global experience to offer our services to individuals and companies in Bahrain and, organize training programs for Bahrain’s youth and local talent thus empowering the locals with the expertise to sustain the market within their country and the region.”

On the occasion, Mr Redha Sabt Radhi from Global iTS, expressed his views, “Global iTS with its 15 years of experience focusing on Business Application today enjoys a leaders position in Bahrain BFSI segment and we are on a diversification journey now, joint venture with Risk Associates is an important milestone in that direction. We are very proud of Bahrain Digital-First policy, this has put Bahrain amongst the leaders when It come to digitalization in the region. A secure environment is fundamental to build corporate and consumer confidence, with launch of Risk Associates W.L.L. we intend to play our role in this with local presence and talent. We have devised our strategy after studying the National Cybersecurity Strategy, CBB Cybersecurity Framework & Personal Data Protection Law. With this we intend to become the Cybersecurity partner of choice of our customers and serve them across their businesses.”

About Risk Associates:

Risk Associates has been a leading Information Technology and Cybersecurity services provider since 2004. Risk Associate’s mission is to mitigate risk, develop and provide Compliance, Testing, Audits, Certifications, and comprehensive Risk Management services. Risk Associates is among the very few companies worldwide that are a certification body providing ISO/IEC 27001 certifications and offer assessments against standards like PCI DSS, PCI SSF, PCI PIN, PCI 3DS, C.S.A. etc. In addition to the assessment services, we offer offensive security services such as Penetration Testing, Vulnerability Scans, Red Teaming, etc., and Managed Services, SOC I and II. We have a blend of experienced, young, energetic and certified experts working with a common vision to accomplish our objectives in all aspects of safety and security compliance – an integral function of your business and ensuring you achieve and maintain compliance.

About Global iTS:

Global Information Technology Solution (GiTS) is an Information Technology consulting firm that delivers innovative, scalable business solutions to help customers reduce costs, increase revenue, and gain a competitive advantage through technology. Global iTS is a leading Microsoft Dynamics 365 ERP and CRM Partner headquartered in the U.K. With 300+ clients, successfully proven implementations, an excellent support system by our experienced domain specialist, and a good track record of customer retention. Also, it has a strong foothold and customer base across other G.C.C. countries (Bahrain, Saudi Arabia, Oman, Kuwait, U.A.E., and Qatar).

Global iTS is mainly into the specialized requirements in Financial Services and Insurance sectors focusing on a digital transformation journey in Retail Banking, Commercial Banking, Insurance Providers, Private Equity, and Investment Banking by bringing Artificial Intelligence, Machine Learning, Blockchain, and Robotic Process Automation technologies and enhanced their productivity and profitability.