Through this collaboration, Futurex’s industry-leading solutions, combined with Spire Solutions’ extensive regional presence and technical expertise, will help enterprises meet the growing demand for compliance-driven, scalable, and future-ready cybersecurity solutions across banking, government, telecom, and large enterprises.

The Middle East cybersecurity market is projected to grow from USD 16.75 billion in 2025 to USD 26.04 billion by 2030, driven by rapid digital adoption and strengthened by regional initiatives such as Saudi Arabia’s Vision 2030, Kuwait’s Vision 2035, and the UAE’s National Cybersecurity Strategy.

Speaking on the new partnership, John Doley, VP Sales – Middle East, Futurex said, “Futurex has made significant investments in building a local presence, partnerships, and data center availability in Dubai and Abu Dhabi. Teaming up with Spire Solutions gives us an added advantage, allowing our world-class encryption and key management solutions to reach Middle Eastern enterprises with the support of local expertise and extensive regional reach. With enterprises demanding faster, more scalable, and compliance-ready security solutions, we help organizations secure their data, accelerate cloud adoption, and thrive in one of the world’s fastest-growing cybersecurity markets.”

Futurex’s unified data protection platform, CryptoHub, is the fastest and most scalable solution in the world, designed to go beyond traditional HSMs.

Unlike other industry offerings that cobble together multiple crypto functions via acquisitions, Futurex’s cloud-ready CryptoHub solutions removing complexity and cost while accelerating enterprise cloud adoption and compliance.

By bringing our cloud HSMs into the region, we enable customers to meet strict data sovereignty requirements, boost performance by reducing latency, and while reducing the cost and overhead of owning and maintaining standalone solutions, all while accelerating secure enterprise cloud adoption.

“Digital transformation in the Middle East is accelerating, and enterprises can’t afford to compromise on security,” said Syed Quadri, Chief Operating Officer, Spire Solutions. “We are proud of this partnership with Futurex which brings cutting-edge encryption and key management solutions to the region. It not only meets today’s compliance and data sovereignty requirements but also prepares enterprises for future challenges, from post-quantum cryptography to accelerated cloud adoption. Together, we are strengthening the region’s cybersecurity ecosystem, empowering organizations to operate securely, confidently, and at scale while setting a new standard for protecting their valuable data.”

The region’s cybersecurity landscape is transforming rapidly to meet the needs of modern enterprises, driven by stringent compliance and data sovereignty requirements under frameworks such as Saudi Arabia’s SAMA Cybersecurity Framework, the UAE’s NESA guidelines, and the Kingdom of Saudi Arabia’s Personal Data Protection Law (PDPL).

In the Middle East, compliance mandates, cloud adoption, and rising FinTech demands are accelerating the need for BYOK, HYOK, and HSM-as-a-Service.

“At Futurex, we see the region moving beyond traditional security to embrace forward-looking encryption strategies that address today’s threats while preparing for the post-quantum future”. 

Organizations are also facing increasingly sophisticated cyber threats, including nation-state and financial cyberattacks, highlighting the need for post-quantum cryptography to future-proof cybersecurity strategies.

By introducing the Futurex’s CryptoHub platform and a suite of scalable, compliance-ready security solutions across the region, the aim is to accelerate Futurex’s growth, empower customers to implement secure and future-ready technologies, and, together with Spire Solutions, strengthen the position as market leaders in delivering trusted cybersecurity innovation.

Spire Solutions will offer its channel partners Ordr`s award-winning attack surface visibility, asset management and security platform across multiple specialized verticals including healthcare, government, finance and banking, insurance, oil and gas, manufacturing, retail, and telecommunications.

Organizations in the Middle East are increasing their adoption of connected devices, including Internet of Medical Things (IoMT), Internet of Things (IoT) and Operational Technology (OT). Each new device, however, also increases the attack surface, and the potential for a security breach or cyberattack. In order to keep the connected enterprise secure, full visibility is needed into devices and their vulnerabilities, along with automated policies to secure them – whether during an incident, proactively or retrospectively.  

Sanjeev Walia, Founder and President of Spire Solutions said, “It is a challenge to truly protect your organization unless you have accurate, real-time information about which devices are connecting to your network – and what they do once they connect. We are honored to partner with Ordr to address these challenges and enable our channel partners and end-user customers to benefit from industry-leading technology that truly enables customers to manage their entire attack surface whether that be traditional IT, IoT, OT or IoMT.”

“The Middle East is one of the fastest growing economies in the world and we’re proud to partner with Spire Solutions in this region. Spire Solutions has a proven track record of providing best-in-class security solutions and we’re honored to work with a team who shares our commitment to customer success, and protecting the organizations entrusted to us.” said Kieran Wood, Sales Director, EMEA at Ordr.

“This partnership exemplifies Ordr’s commitment to investing in the global, collaborative partner ecosystem and represents another step forward in our international expansion plans,” said Jim Hyman, CEO at Ordr. “Organizations in the Middle East will now be able to accelerate their digital transformation journey and reduce cyber risks by unlocking unparalleled visibility into assets, vulnerabilities and threats.”

With the addition of Ordr’s AI-powered connected device security platform to the Spire solutions portfolio, all assets, connections and network flows can be profiled. By baselining normal behavior for connected assets, organizations can create policies to only enable appropriate access while limiting exposure, enabling a true Zero Trust security posture to be realized. 

Together, Ordr and Spire will provide customers and partners across the Middle East with unmatched security services, instant value and advanced expertise as they improve their cyber resilience.

The memorandum was signed at an event in Abu Dhabi attended by Khaled Al Melhi, CEO of CPX, and Sanjeev Walia, Founder and President of Spire Solutions, and other senior members of both companies.

The memorandum comes at a time when cyber-attacks in the region are both increasing in frequency and becoming more costly for organizations.

In parallel, 45% of organizations recently surveyed by IDC in the Middle East, Turkey, and Africa region said they are now embedding security into the planning, initiation, and assessment phases of all new business initiatives.

In this environment, CPX and Spire Solutions will review the next wave of technologies that can accelerate organizations’ digital transformation journeys.

This will include pioneering new strategies that governments and enterprises can use to protect their business-critical assets while contributing to best practices across the region. Such efforts will ultimately help organizations unlock business value and drive growth with peace of mind.

Khaled Al Melhi, CEO of CPX, said: “As governments and businesses race to maintain their competitive advantage by adopting new technologies, they are also being exposed to more sophisticated cyber threats. Together with our strategic partners, we must look to augmenting security policies with always-on protection to instil trust for our clients but also for the wider cybersecurity ecosystem.”

Sanjeev Walia, Founder and President of Spire Solutions noted: “The UAE’s National Cybersecurity Strategy (NCSS) envisions the creation of a safe and resilient cyber infrastructure that enables citizens to fulfil their aspirations and empowers businesses to thrive. We are honored to partner with CPX, a leading enabler of achieving this national vision, by offering our resources in the field of cybersecurity strategies and frameworks, introducing solutions from leading technology partners, and helping build capacity.”

The companies will address enterprise data privacy, security and compliance governance needs for public and private sector organizations across the region including UAE, Saudi Arabia, Qatar, Kuwait, Egypt, Jordan, Nigeria and Kenya.

The MEA region continues to undergo rapid digital transformation that is producing large volumes of data, including personally identifiable information.

Several nations have enacted data privacy legislation to ensure organizations strictly adhere to industry best practices by adopting comprehensive frameworks and efficient solutions.

“Spirion has been solving real data protection problems for more than 15 years and offers proven solutions that cover the full sphere of personal information that privacy regulations govern,” stated Siddhartha Murthinty, Chief Technology Officer, Spire Solutions. “I believe that Spirion’s Governance Suite, comprising all the key phases of discovery, classification, remediation, monitoring and identifying threats, and automated DSAR fulfilment, will be a perfect way for enterprises to build a comprehensive and proactive privacy posture.”

“The partnership between Spire and Spirion provides a strong foundation for enterprise customers and partners in the MEA region to manage and protect their clients’ data while ensuring constant compliance with an ever-changing regulatory landscape,” said Gabe Hoguet, Director of Global Channels, Spirion. We are pleased to partner with Spire Solutions to enable and empower our clients in their journey towards compliance and data privacy.”

Spire customers, partners, and prospects will benefit from access to Phio Trusted Xchange (TX), Quantum Xchange’s out-of-band key delivery system that enables users to future-proof the security of their data and communications networks; overcome the vulnerabilities of present-day encryption techniques, e.g., keys and data traveling together; and protect against man-in-the-middle, harvesting, and future quantum attacks.

Phio TX from Quantum Xchange acts as a simple architecture overlay that works in tandem with conventional encryption systems and any TCP/IP connection (wireless, copper, satellite, fiber) to decouple key generation and delivery from data transmissions.

With Phio TX a second, quantum-enhanced encryption key is sent out-of-band down a separate quantum-protected tunnel and mesh network to multiple transmission points.

Continuous key rotation takes place on every transfer, further heightening the system’s security.

“We are in the early stages of the greatest migration in the history of computing as nearly every organization in the world will need to update and transition their legacy encryption to new quantum-safe standards,” said Sanjeev Walia, founder and president of Spire Solutions. “Quantum Xchange’s unique technology greatly eases this burden, offering affordable and dynamic next-generation key delivery architecture for stronger data security today and quantum-safe protection from future threats. We are pleased to have QXC as a partner and to add Phio TX to our portfolio of the world’s best security products and services.”

Phio TX embraces crypto agility, supporting quantum keys generated from any source, i.e., Quantum Random Number Generator (QRNG), Quantum Key Distribution (QKD), or a combination, and all Post-Quantum Cryptographic (PQC) key encapsulation candidate algorithms being evaluated by the National Institute of Standards and Technology (NIST) scheduled for standardization in 2022.

The FIPS-validated network security appliance also meets the European Telecommunication Standards Institute (ETSI) protocol for QKD. With Phio TX, users can start with PQC; then easily scale to QKD protection levels with no interruptions to their underlying infrastructure and no network downtime.

“Spire Solutions has a proven track record successfully introducing new cybersecurity solutions to more than 15 countries in its region, making them an ideal partner for Quantum Xchange as we look to expand our global visibility and reach,” said Eddy Zervigon, CEO of Quantum Xchange. “Spire’s dedicated division focusing on cyber threat intelligence, comprehensive risk protection, and response complements our mission to protect and preserve the digital infrastructure that runs our global economy by bringing to market a standards-based, quantum-ready solution that can easily meet the risk mitigation needs of a business at any time while delivering an infinitely stronger cybersecurity posture to any network environment.”

Quantum Xchange will join Spire Solutions stand H1 A120 at #LEAP22, the inaugural global platform for the most disruptive technology professionals taking place at the Riyadh Front Expo Centre in Saudi Arabia from Feb. 1-3, 2022.