Page 30 - Paramount PR Report - March 2025
P. 30
Latest News
Pradeep Menon, Senior Director at Paramount and an industry expert, will lead a session titled ‘Tips to Sail
Through AI Turbulence’, during which he will address critical AI-related risks such as ethical governance, AI-
ready cybersecurity frameworks and strategies for transforming AI’s potential to attain real-world results. The
session will enable business leaders to balance innovation with compliance while ensuring effective risk
mitigation.
Premchand Kurup, CEO at Paramount, said: “For the past 25 years, we have been closely monitoring
cybersecurity trends to support our customers in the Middle East. Undoubtedly, AI has the potential to be the
most transformative force for enterprises. However, enabling the power of AI while safeguarding business
operations presents significant challenges for risk and security professionals. AI-driven attacks, data privacy
concerns, and legal and regulatory challenges can lead to severe reputational and financial consequences.”
He added: “To effectively manage these risks, AI adoption must follow a structured, programmatic approach
within a well-defined framework. This requires a four-pillar AI framework that includes AI governance, AI
security, AI-driven cybersecurity and data and integration security. Our participation at the Gartner Security and
Risk Management Summit will help us raise awareness about these critical challenges and guide businesses
toward the right solutions.”
With the Middle East and Africa AI, Cyber Security and Big Data Analytics Market projected to register a CAGR of
20.4 per cent between 2025-2030, businesses need to act decisively to adopt secure AI strategies and protect
their critical assets.
During the summit, the company will also offer visitors a first-hand experience of AI in action, demonstrating its
‘Agentic AI in IAM’ and ‘AI and SOC’ solutions. Furthermore, visitors will get an opportunity to engage with the
company’s cybersecurity specialists for personalised consultations on secure AI integration, risk mitigation and
compliance. Interactive activities, including quizzes, insightful presentations and exclusive giveaways, will also
be available for visitors.
Paramount has consistently led the Middle East region’s cybersecurity industry in introducing international
vendors specialising in advanced technologies, including antivirus, multi-factor authentication, data leak
prevention, intrusion detection systems (IDS), identity and access management, and data privacy automation.
Currently, the company has over 350 clients, present in seven countries and continues to play a pivotal role in
strengthening cybersecurity resilience across the region. While it has expanded by 30 per cent, this growth is
not only driven by significant new client additions, but also by its comprehensive cybersecurity solutions.
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About Paramount
Paramount is the trusted regional leader in the field of cybersecurity since 1999. The company provides
exceptional service to protect critical information assets and infrastructure. Since its inception, the company has
transformed significantly to emerge as a trusted cybersecurity solutions provider, underscoring its unwavering
commitment to excellence. Currently, the company offers end-to-end cybersecurity with nearly 15+ offerings
consulting services, IDAM and GRC software implementation services and security technologies
implementation. With over 550+ security engineers and consultants spread across 7 countries Paramount is also
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