Prosegur to open andorra’s first cybersecurity and intelligence center with local partner Menta grup

Madrid, June 17, 2024 - Cipher, Prosegur’s cybersecurity division, has reached a strategic agreement with Andorran security company Menta Grup to jointly develop the first SOC (Security Operations Center) in Andorra, accelerating the scale and uptake of cybersecurity systems and measures in the Pyrenean country.

Cipher will be responsible for integrating and maintaining new technologies, as well as implementing cyber surveillance and intelligence services at the SOC, while also helping users meet regulatory compliance. Menta Grup will provide first level response and interaction-based services with users. This will provide 24/7 monitoring of cyber threats, guaranteeing round-the-clock protection and a rapid response to potential incidents.

At the same time, the SOC will create dozens of highly-skilled jobs in managing the latest cybersecurity and cyber-intelligence related issues, including technological support solutions based on the intensive use of generative AI.

Operating under the brand name Menta Ciberseguridad by Cipher, a Prosegur Company, this innovative service will help provide a safer digital environment for Andorran companies and institutions, in addition to protecting them from the growing number of cyber threats in an increasingly interconnected environment.

"Unlike competitors that offer static and commoditized services for companies and institutions looking to improve their cybersecurity position and visibility, we offer customers AI-driven cybersecurity solutions. Our xMDR platform allows them to anticipate detection and response and to focus on their business," explains Jorge Gonzalez de Leon, Director of Cipher EMEA.

This collaboration reinforces Cipher's commitment to developing new partnerships in cybersecurity, enhancing customized solutions tailored to the needs and risk profiles of each client, and developing new services that provide expert cybersecurity guidance in real time in those countries where it is present.

Welcoming the initiative, Jordi Moreno, Director of Institutional Relations of Menta Grup, said: "The alliance with Prosegur will help us take our cybersecurity capabilities to a world-class level and offer a comprehensive service to our clients in Andorra. We are excited about the opportunities that this agreement will bring, in addition to strengthening cyber resilience in our country."