15 May 2025, Thu |
5:11 PM
CyberKnight has announced a new distribution partnership with Scanwave, a provider of advanced Integrated Risk Management (IRM) solutions. This collaboration aims to support enterprise and government organizations across the Middle East, Turkey, and Africa (META) in enhancing their risk and compliance programs.
The timing is critical. According to Gartner, by 2026, 50% of large enterprises will use IRM platforms to manage risk and compliance. This is a significant increase from just 20% in 2021. Gartner also notes that IRM is evolving beyond traditional GRC systems, offering a more real-time and business-aligned view of risk.
Market demand is growing rapidly. Research from MarketsandMarkets predicts that the global IRM market will reach $19.4 billion by 2027, growing at a CAGR of over 14%. This growth is driven by increasing regulatory requirements and the pace of digital transformation.
Through this partnership, CyberKnight will distribute Scanwave’s IRM platform across the META region. The platform helps organizations digitally transform their risk, compliance, and audit programs. It also supports alignment between business goals and risk mitigation strategies.
Scanwave’s offering includes RiskWave, an AI-powered platform for cyber risk assessment and management. It automates the risk profiling process and matches risk treatment deadlines with the right owners. Another key solution, CyberWave AI, delivers intelligent reporting on the security posture of each host. It also integrates with industry scanners to provide advanced threat insights.
Wael Jaber, Chief Strategy Officer at CyberKnight, stated, “As digital transformation speeds up, IRM has become essential for business continuity, threat reduction, and compliance. Our partnership with Scanwave supports the Governance pillar of our Zero Trust Security model and allows customers to manage risk more effectively.”
Dr. Ramzi Sunnar, Executive Chairman at Scanwave, added, “We are pleased to work with CyberKnight, a trusted cybersecurity advisor in the META region. This partnership will help us bring our advanced IRM tools to more organizations navigating complex regulatory environments. Together, we aim to deliver smarter, more integrated risk management.”
As regional organizations face increasing risk challenges, the CyberKnight-Scanwave partnership is positioned to offer timely, scalable, and intelligent solutions that strengthen cyber resilience.
