SECUDE International AG and Paramount Computer Systems FZ-LLC Enter into a Value-added Reseller Agreement

CHENNAI, MAY 2020

SECUDE, an SAP partner and leading data security provider specializing in security for SAP® software, today announced a value-added reseller agreement with Paramount Computer Systems FZ-LLC, a market leader in cyber security, to expand its global presence to the Middle- East region.

The agreement will allow SECUDE and Paramount to collaborate in promoting data security solutions to SAP customers in the Middle East region. Under this agreement, Paramount will sell and support SECUDE’s data security products, HALOCORE® and HALOCAD® in the Middle East.

“This is a mutually beneficial agreement and our partnership with Paramount Systems complements each other perfectly. This agreement enables us to extend our presence and offer SAP customers in the Middle East the best of the breed in data security solutions. We are building true partnerships, where partners have the support they need so that both of us succeed together.” – Dr. Heiner Kromer, CEO and Founder, SECUDE International AG.

“SAP applications store and transact vast amount of business–critical information that are prone to data leaks due to uncontrolled downloads and data flows in the background. Our solutions HALOCORE® and HALOCAD® effectively monitor and block such data leaks. This partnership leads the way in meeting the modern demands in the cyber security world” he added.

This unique offering is a turnkey solution for data security and is a perfect solution for the new data security rules as stated in the GDPR. This is an important expansion of our collaboration in enabling our customers to successfully implement their digital transformation strategies.”

HALOCORE®is a unique solution that protects intellectual property and other sensitive information extracted from SAP applications. By integrating directly with SAP, it protects data with automated classification, blocks unauthorized reports, and helps generate fine-grained access policies. This innovative approach allows enterprises to maintain a high level of control and security over sensitive documents extracted from SAP throughout their lifetime.

HALOCAD® encrypts exported CAD files leveraging Microsoft Information Protection. Using the solution’s automated classification engine, granular authorizations and user rights are assigned to the data file allowing an easy and secure exchange of the files between employees, partners or suppliers.

Subsequently, the product will also include a monitoring feature to audit all exports and downloads of CAD files, and a blocking feature that will prevent users from downloading or sharing the files without authorization, thus effectively preventing accidental or intentional data leaks.

About Paramount Computer Systems LLC

Paramount is the leading Cyber security provider for companies across the Middle East enabling customers to protect their critical Information Assets and Infrastructure through a prudent combination of People, Process and Technology.

Headquartered in the UAE, it has offices in Qatar, Kuwait, Oman, Bahrain and Kenya and has also set up a Centre Of Excellence in India focusing on research and development to build more comprehensive and cost-effective cyber security measures.

About SECUDE

SECUDE is an established global security solutions provider offering innovative IT data protection for SAP users.

Founded as a joint venture between SAP and Fraunhofer Institute in 1996, SECUDE maintained a close SAP technology partnership and became a reliable resource for security solutions for the SAP market with ‘Single Sign-On’ for SAP, which was acquired by SAP in 2011. With a focus on making business process for data protection efficient and automated with little or no user interference, SECUDE’s goal is to provide ease of use while minimizing cost of rollout and operations.

Leveraging its 20-plus years of experience in SAP security and business process know-how in protecting enterprise IP and data, SECUDE proffers HALOCORE® as a holistic approach to protect SAP data exports. In addition, it offers CAD file-specific security solution through HALOCAD® for SAP and non-SAP environments.

SECUDE’s solutions are trusted by many Fortune 500 and DAX listed companies. With branches in Europe, North America and Asia, SECUDE supports customers with the implementation of IT security strategies through a global network.

We are very excited to be working with SECUDE. SECUDE’s solutions HALOCORE® and HALOCAD® will effectively complete our solution range by meeting all data security requirements for SAP applications of our clients.

Paramount Computer Systems

Premchand Kurup, CEO