Cyber Security & Managed Services – GRX, iSEC, IT Prepared

Global Resolution Experts, iSec and IT Prepared are companies that have recently joined – in the second half of 2021 – the technology division of the Bittnet group. We will not go into extensive information about these companies in this report, and this information will be added in future reports. However, it is important to note certain directions that are manifested in this segment, cybersecurity services and managed services:

  • The year 2021 was marked by a significant increase in requests from companies, both for consulting services to improve the level of IT security and for evaluation services (audits and penetration tests). This increase has been marked by a significant increase in the frequency and complexity of cyber attacks such as phishing, ransomeware and APT (Advanced Persistent Threat). In addition, the pandemic context and the new rules imposed by work-from-home organizations have brought new challenges in managing and securing the equipment used by employees. All this context has favoured the growing need for cybersecurity services.
  • We expect to have this trend maintained in 2022, but also to witness new opportunities emerging generated by the security requirements imposed by CERT-RO through the NIS Directive on Essential Service Operators (ESO), as well as other legislative initiatives launched by the Romanian Digitisation Authority.
  • Last but not least, we believe that the budget for the digitization component envisaged under the PNRR program will generate new projects for the implementation of IT solutions and systems, which will also involve a solid component of cybersecurity services.