Bitcoin slumps 10% as pullback from record high gathers pace

Bitcoin slumps 10% as pullback from record high gathers pace
Bitcoin slumps 10% as pullback from record high gathers pace

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Jeddah - Yasmine El Tohamy - STC announced the launch of a new firm to provide advanced cybersecurity services and solutions for the public enterprises, the telecom operator said in a statement.

The new firm will fulfill the Kingdom’s increasing demand for the digitalized services, in the light of the digital transformation strategy and Vision 2030, as many state-owned companies resorted to digitalized solutions to maintain businesses, amid the exceptional challenges worldwide.

“STC vision aims at setting up a credible digitalized economy platform, which will provide top-notch cybersecurity services to protect economic infrastructure, as well as public and private sector services,” stated Haithem Al-Faraj, stc senior vice president of technology and operations.

The 1.5 terabytes (TB) new platform will prevent cyberattacks, in addition to providing services in line with security regulations, secure e-mail and safe browsing. It will also help develop the skills of the new young candidates in the field of cyber security, Al-Faraj added.

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