OTTAWA, Ontario, Sept. 27, 2024 (GLOBE NEWSWIRE) -- With only days until Cybersecurity Awareness Month, Calian Group Ltd. (TSX: CGY) has announced a new collaboration with Microsoft. Through Calian’s adoption of Microsoft Sentinel, an intelligent, comprehensive security information and event management (SIEM) solution, Calian is strengthening its market position in Canada and the U.S. by providing customers access to a globally recognized cybersecurity platform that provides holistic threat protection with collection, detection, investigation and response capabilities.
This collaboration positions Calian to capture a growing share of the global cybersecurity market which continues to rise as organizations take more responsibility to protect their business. The 2023 Cybersecurity Ventures Cybercrime Report released this year predicts that global cybercrime damage will hit $10.5 trillion annually by 2025 and global cybersecurity spending will exceed $175 trillion.
"Adopting Microsoft Sentinel marks a major milestone in Calian's strategic enhancement of our cybersecurity defences," says Mike Tremblay, President of Calian's IT & Cyber Solutions. "This collaboration allows us to use cutting-edge AI technologies to deliver security measures that are critical in protecting our customers' operations against increasingly complex threats—representing our commitment to providing the best possible solutions because we recognize that our customers cannot afford to fail."
The increasing sophistication and frequency of global cybersecurity attacks, especially using artificial intelligence, is leading organizations to modernize their security operations centres (SOC). The leading-edge, cloud-native Microsoft Sentinel platform not only optimizes operational efficiency, but also supports scalable deployments, ensuring that Calian can continue to grow and innovate to stay ahead of its customers’ evolving needs.
“This collaboration with Calian reflects our shared commitment to protect a company’s business by providing advanced security solutions that guard critical operations and foster innovation,” says Chris Barry, President of Microsoft Canada. “Together, we can protect a company’s cloud and multiplatform digital estate with a modern, comprehensive SIEM solution built on the cloud and enriched by AI to rapidly uncover sophisticated cyberthreats and respond at machine speed.”
Calian anticipates this collaboration will drive significant growth in its cybersecurity business over the next few years, attracting new customers and expanding its service offerings to existing clients in mission-critical industries such as healthcare, defence, and other critical infrastructure industries.
Learn more about Calian’s world-class cyber solutions.
About Calian
www.calian.com
We keep the world moving forward. Calian® helps people communicate, innovate, learn and lead safe and healthy lives. Every day, our employees live our values of customer commitment, integrity, innovation, respect and teamwork to engineer reliable solutions that solve complex challenges. That’s Confidence. Engineered. A stable and growing 40-year company, we are headquartered in Ottawa with offices and projects spanning North American, European and international markets. Visit calian.com to learn about innovative healthcare, communications, learning and cybersecurity solutions.
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DISCLAIMER
Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Such statements are generally accompanied by words such as “intend”, “anticipate”, “believe”, “estimate”, “expect” or similar statements. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; scarce number of qualified professionals; the impact of rapid technological and market change; loss of business or credit risk with major customers; technical risks on fixed price projects; general industry and market conditions and growth rates; international growth and global economic conditions, and including currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, please see the Company’s most recent annual report and other reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.
Calian · Head Office · 770 Palladium Drive · Ottawa · Ontario · Canada · K2V 1C8
Tel: 613.599.8600 · Fax: 613-592-3664 · General info email: info@calian.com
