Al-Futtaim Signs MoU with Redinent

Al-Futtaim Technologies signed a Memorandum of Understanding (MoU) with Redinent Innovations that aims to facilitate future alliances for protecting the CCTV networks across the UAE. This partnership is a landmark alliance between Al-Futtaim Technologies – one of the leading system integrators that is part of the larger conglomerate Al-Futtaim Group and Redinent – one of the fastest emerging players in IoT Cybersecurity.

The MoU formalizes the mutual interaction and strengthens the relationship between Al-Futtaim Technologies and Redinent at the strategic and working level, focusing on the enablement of managed security services along with a shared objective of serving organizations that aims to increase security, privacy, and compliance.

With the rapid deployments of CCTV cameras and IoT devices and the increasing rate of cyber-attacks, there was an urgent requirement for an automated Enterprise-Grade CCTV camera threat scanning tool.

Redinent is one of the fastest emerging players in IoT Cybersecurity based out of Bangalore, India. Redinent provides specialized and advanced technology security solutions in embedded systems and IoT devices like CCTV IP cameras, NVRs, GNSS Receivers, Smart Energy Meters, etc. Redinent’s automated threat assessment solution finds vulnerabilities and weaknesses in IoT devices.

Mr. Divyanshu, the Managing Director of Redinent said “Beyond known vulnerabilities and security misconfigurations, protocol-prone threats, our solution also finds undocumented threats that are not available in the public domain. It detects many vulnerabilities including Default and Weak Passwords, Guest Access, Exposure to Man in the middle attacks, Stream Hijacking, etc. It also provides OEM Agnostic Scans across all IP-enabled cameras, network DVRs, and complex topologies, including grouped scans distributed across clusters”.

Al-Futtaim Technologies, one of the region’s leading system integrators, is part of the Al-Futtaim Group. Established in the 1930s, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Al-Futtaim Technologies does more than simply invest in tomorrow’s business solutions. It helps them grow, perform, and succeed by bringing together the right experience, infrastructure, and opportunities to turn great ideas into business value.

Mr. Razi Hamada, General Manager – Digital Transformation, Al-Futtaim Technologies (AFT), said: “We are glad to announce the signing of a Memorandum of Understanding with Redinent”. He added: ” The new proposed package of Managed Security-Services will enable the organizations to accurately assess the security postures of their cameras so that they are not vulnerable to cyberattacks and insider threats. It can be easily deployed in critical infrastructure places like Airports, Metro Stations, Power Grids, Banks, etc where the risk and impact of cyber-attack are very high.”

Mr. Arko Dhar, Chief Technology Officer, Redinent Innovations, said: “Together Al-Futtaim Technologies and Redinent combine bold strategies and bring transformative technology services into the market that still predominantly remains unchartered territory to existing market leaders. “

Mr. Arun K, Chief Operating Officer, Redinent Innovations, said: “Redinent will continue to remain a partner-first company by forging long-term relationships with global leaders like Al-Futtaim Technologies who carries an impeccable reputation in delivering the highest standards of services to its customers”.