SIBS Multicert - Comprehensive Analysis Report

Summary

SIBS Multicert is a Portuguese company, a vital part of the SIBS Group, specializing in Digital and Information Security. Its core purpose is to guarantee the Identity, Security, and Digital Trust for organizations, systems, and individuals across all environments. Established in 2001 as a spin-off from SIBS's Research & Development unit, the company was designed to be an agile and dynamic entity with security at its foundation. In 2020, SIBS Multicert formally rejoined the SIBS Group, a strategic move that aligned both companies' strategies, market vision, and development pathways. With over two decades of experience, it has become a leader in the market by developing electronic security solutions that enable secure digital processes and authentication. The company operates across numerous critical sectors including Banking, Finance, Health, Energy, Public Administration, Utilities, and Retail. It maintains a robust international presence with projects completed in over 20 countries, leveraging entirely Portuguese technology.

1. Strategic Focus & Objectives

Core Objectives

SIBS Multicert's primary objective is to support organizations in their secure digital transformation, with a strong emphasis on comprehensive digitization coupled with robust security frameworks. This includes ensuring secure digital processes and authentication across all operations.

Specialization Areas

The company operates in five key areas, combining expertise in digital security with a culture of constant advancement:

• Cybersecurity: Providing advanced protection against evolving threats, including 24x7 monitoring and incident response.

• Digital Certificates: Issuing and managing digital certificates for secure identities and transactions.

• Private and Government Public Key Infrastructure (PKI) Infrastructures: Developing and maintaining critical infrastructure for digital trust.

• Electronic Voting: Implementing secure and verifiable electronic voting solutions.

• Digital Identity Platforms: Creating platforms that manage and secure digital identities for individuals and organizations.

The company is committed to a "security by design" approach, underpinning all its service offerings with expert-level security considerations from the outset.

Target Markets

SIBS Multicert primarily targets highly regulated and critical sectors that demand stringent security and trust. These include:

• Banking and Financial Sector

• Health

• Energy

• Public Administration

• Utilities

• Retail

The company also has a significant international footprint, engaging in projects across more than 20 countries.

2. Product Pipeline

Key Products/Services

SIBS Multicert develops and offers a suite of advanced digital security platforms and services:

• mTrust Platform

• Description: A solution designed to facilitate the complete dematerialization of processes and contracts.

• Key Features and Benefits: Enables seamless digital workflows, reduces paper usage, and enhances efficiency while maintaining security.

• mLTV Platform

• Description: A platform focused on digital preservation with strong security and legal compliance.

• Key Features and Benefits: Ensures the long-term integrity and legal validity of digitally stored information.

• Sign'Stash Platform

• Description: Provides practical and secure tools for the electronic signing of invoices.

• Key Features and Benefits: Streamlines invoicing processes, ensures authenticity, and complies with legal requirements for electronic signatures.

• SIBS CyberWatch

• Description: The dedicated cybersecurity unit of the SIBS Group, offering comprehensive managed security services.

• Key Features and Benefits:

• Managed Detection and Response (MDR): 24x7 monitoring, detection, and response to cybersecurity incidents across cloud environments, applications, and networks.

• Endpoint Detection & Response (EDR): Specialized monitoring of endpoints as primary entry points for ransomware attacks and data breaches.

• Cyber Threat Intelligence: Includes digital risk protection and monitoring of social networks, clear, deep, and dark web for mentions of organizational assets that could pose a risk.

• Notable Projects/Implementations

• Citizen Card: Involved in development and implementation for the national identity card in multiple countries.

• Electronic Passport: Contributed to secure electronic passport solutions in several nations.

3. Technology & Innovation

Technology Stack

SIBS Multicert leverages a sophisticated and proprietary technology stack, with Advanced PKI Solutions as a crucial component for managing digital certificates and secure authentication. Their platforms include mTrust, mLTV, and Sign'Stash, each designed for specific aspects of digital process dematerialization, preservation, and secure signing.

Proprietary Developments

A significant innovation is SIBS CyberWatch, a cybersecurity unit providing Managed Detection and Response (MDR), Endpoint Detection & Response (EDR), and Cyber Threat Intelligence. This unit's capabilities include 24x7 monitoring and incident response across various IT environments, with a focus on comprehensive threat detection and risk protection across online channels. All solutions are developed using 100% Portuguese technology, reflecting a strong commitment to local innovation.

Scientific Methodologies

The company enforces a "security by design" approach in all its solutions, ensuring that security is an inherent feature from conceptualization to deployment. Their expertise extends to securing complex systems, critical applications, and network infrastructures for large organizations and critical national infrastructures.

4. Leadership & Management

Executive Team

• Rui Serapicos, CEO

• Professional Background: Rui Serapicos has led SIBS Multicert as CEO since 2011. He holds an MBA from ISEG, a Master's in Electronics and Telecommunications from Instituto Superior Técnico, and a degree in Electrical and Computer Engineering from Instituto Superior Técnico. His career began in 1999 as a consultant for Andersen Consulting (now Accenture), followed by roles at Optimus (now NOS) and Portugal Telecom (now Altice). He joined Multicert in 2008 as Director of Products and Services.

• Pedro Simões, Head of Cybersecurity

• Professional Background: Pedro Simões serves as the Head of Cybersecurity at SIBS. Prior to this role, he was the Head of Cybersecurity at Multicert. He holds a