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About RedRays

About RedRays

RedRays is a leading cybersecurity company specializing in the protection of ERP systems from both external cyber threats and internal fraud. We focus on providing comprehensive security solutions for large organizations and managed service providers that rely on SAP, Oracle, and Microsoft ERP systems. With our state-of-the-art tools and methodologies, we actively monitor and manage security across extensive SAP environments worldwide.

Our primary objective is to close the security gap in both technical and business aspects, ensuring the continuity of our clients’ operations and protecting their valuable data. RedRays is dedicated to maintaining the highest standards of security while delivering exceptional customer service and support.

RedRays R&D

At the core of RedRays’ success is our research and development (R&D) department, which specializes in vulnerability research and analysis of critical corporate applications. Our R&D efforts have garnered recognition and appreciation from major software companies, such as SAP, Oracle, Microsoft Dynamics, and IBM. This commitment to research allows us to stay ahead of emerging threats and develop innovative security solutions tailored to our clients’ needs.

Our team of seasoned experts consists of professionals with a wide range of skills in various security domains, including vulnerability assessment, penetration testing, incident response, and threat intelligence. We are dedicated to conducting rigorous research and providing cutting-edge solutions to safeguard SAP systems against ever-evolving threats.

Industry Expertise and Thought Leadership

As industry leaders, our team of experts is frequently invited to speak, present, and train at major international security conferences around the world. Our participation in these events not only showcases our technical prowess but also contributes to the global cybersecurity community’s collective knowledge.

By sharing our expertise and collaborating with other security professionals, we are better equipped to address the complex challenges faced by our clients. This commitment to thought leadership and ongoing learning ensures that RedRays remains at the forefront of cybersecurity, delivering unparalleled value to our clients and the industry as a whole.

RedRays Core Team


Arpine Maghakyan

Arpine Maghakyan serves as the Chief Executive Officer (CEO) of RedRays. She brings a wealth of experience and expertise in safeguarding critical applications, including bank applications, ERP systems, and processing software. Arpine has a deep understanding of the cybersecurity landscape, with a particular focus on protecting systems from companies such as Oracle, SAP, and Dell.

Throughout her career, Arpine has identified and reported numerous vulnerabilities in public software, contributing to the ongoing improvement of security measures for these systems. Her dedication to the field and her commitment to delivering cutting-edge cybersecurity solutions have solidified RedRays’ position as a leading provider of cybersecurity services for large organizations and managed service providers.


Vaagn Vardanian

Vahagn Vardanyan serves as the Chief Technology Officer (CTO) of RedRays, bringing extensive experience and expertise in protecting critical business applications such as ERP, CRM, SRM, banking, and processing software. As a renowned authority on enterprise application security, Vahagn specializes in SAP and Oracle systems.

Throughout his career, Vahagn has discovered and published numerous vulnerabilities in these systems, earning recognition and gratitude from SAP and other software providers. His dedication to security research is reflected in the many whitepapers and surveys he has authored.

As a result of his expertise and contributions to the field, Vahagn has been invited to present at various prestigious conferences worldwide, including Troopers, OWASP, and others. In addition, his thought leadership and commitment to sharing knowledge have helped RedRays establish itself as a leading provider of cybersecurity solutions for organizations and managed service providers.