NEWS
KPMG to assess cybersecurity posture for Aramco ’ s suppliers
The Memorandum of Understanding ( MoU ) was signed by Hossain Alshedoki , Manager , Cybersecurity Advisory and ENR Cybersecurity Sector Lead , KPMG Professional Services and witnessed by Abdulaziz Alnaim , KPMG Office Managing Partner , Eastern Province , Saudi Arabia .
“ Based on our analysis of minute-by-minute technological disruptions and ever-changing cybersecurity needs , we believe that vital national assets such as Aramco need to be fully protected with state-of-the-art and seamless cybersecurity systems ,” said Alnaim .
“ We are grateful for the trust that Aramco has bestowed upon us , which will go a long way in the continuity of supplying vital resources to the world .”
KPMG Professional Services in Saudi Arabia has signed an agreement with energy giant Aramco , to examine and strengthen the cybersecurity compliance checks across Aramco ’ s third-parties and suppliers . Aramco has recently implemented the Third-Party Cybersecurity Compliance Certificate ( CCC ) Programme , a strategic initiative to certify existing and new third-parties and suppliers before conducting business .
The agreement stipulates that KPMG is to assess Aramco ’ s thirdparties and suppliers , as per the CCC framework and to issue certificates verifying their full adherence to the Saudi Aramco Third- Party Cybersecurity Standard ( SACS-002 ).
The types of suppliers who need to obtain the certificate include general vendors , outsourced infrastructure , customised software , network connectivity and critical data processors
KSA-based Basamh digitally transforms to drive the GCC ’ s retail market
Basamh Trading and Industries Group , one of Saudi Arabia ’ s most successful purpose-led Fast-Moving Consumer Goods ( FMCG ) businesses in in the Middle East and Africa , has announced that its Digital Transformation is driving the GCC ’ s US $ 253 billion retail market . Thanks to robust population growth , the rise in e-commerce and multi-national brands entering the region , the GCC ’ s retail market has topped US $ 253 billion , according to Alpen Capital .
With a world-class Enterprise Resources Planning system ( ERP ), Basamh has standardised , streamlined and integrated business processes across finance , procurement , sales and distribution . Basamh ’ s solutions cover nearly 1,200 employees in 12 branches in Saudi Arabia and the UAE . implemented the SAP Extended Warehouse Management solution with channel partner Westernacher , and various enterprise solutions with the channel partner Vistex .
“ Thanks to our digital transformation with SAP , Basamh has improved management decisions and business planning ,” said Maher Barrayah , Group CFO , IT and Procurement . “ We ’ ve also standardised business processes , enhanced customer and supplier experiences and can scale up for future business growth .”
“ In the highly-competitive fast moving consumer goods field , Basamh needed to improve our on-time delivery , increase our salesforce efficiency , and automate reporting and employee self-services to enhance business competitiveness ,” said Khalid Temairik , Group CEO , Basamh Trading and Industries Group .
In response , Basamh implemented the SAP S / HANA real-time business suite and SAP SuccessFactors human experience management suite with channel partner LABS . Basamh also
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