27.8 C
Dubai
Monday, October 28, 2024
spot_img

More than 60% in UAE and Saudi Arabia call for ‘increased cybersecurity spending’

[ad_1]

On average, 95 percent of companies in the UAE and Saudi Arabia said they needed to increase protection for their Microsoft 365 and Google Workspace apps, while 61 percent said their companies needed to invest more in cybersecurity.

That’s according to the State of Email Security 2023 (SOES) report from advanced email and collaboration security company Mimecast.

Based on responses from 1,700 IT and security decision makers, the global survey provides readers with key takeaways from the current threat landscape and offers recommendations to help organizations improve their cybersecurity posture.

This global report sheds light on threats affecting companies around the world, including the UAE and Saudi Arabia. Ninety-four respondents from the UAE and 100% from Saudi Arabia said they had been the target of an email-based phishing attack in the last year, but all said they either had a system in place to monitor and prevent Email posed a threat, or actively planned to launch one.

C-suite cyber awareness

As cyber-attacks become more sophisticated, business leaders in the region have shown a greater willingness to address the risks involved and invest in appropriate measures to deter cyber-attacks.

However, all companies reported having some form of cyber-awareness training in their workplaces, indicating greater vigilance for future attacks. As top management becomes more focused on cyber readiness, CISOs feel more empowered to articulate their requirements and implement strategies and tactics that will make their organizations more secure.

Collaboration tools, essential but risky – With employees still spread across offices and remote locations, collaboration tools remain an important but risky part of communicating with team members.

84% of UAE SOES participants and as many as 94% of Saudi Arabian SOES participants consider collaboration tools such as Microsoft Teams or Slack essential to their job functions, yet 82% of participants in both countries expect to be affected by collaboration tools by 2023 Damage is based on attack.

The dramatic increase in the use of these tools has made it straight for CISOs to ensure that adequate security measures are in place to allow them to continue to be protected while using these tools.

Improve network readiness

There is a growing recognition that cyber risk is not just an IT problem—it is a critical vulnerability that equates directly to overall business risk. Therefore, organizations are taking necessary steps to prepare for the impending attack.

Half are using artificial intelligence and machine learning to help under-resourced teams stay ahead, while the other half plan to implement such measures. The use of artificial intelligence tools will undoubtedly help under-resourced cybersecurity teams stay ahead of attacks and manage threats accordingly.

64% of Saudi Arabian respondents cited threat prevention as the top benefit of implementing AI, while 54% of UAE organizations cited reducing human error across the company as the top benefit. Overall, most companies believe that AI systems will help revolutionize the way cybersecurity is practiced.

supply chain

“Supply chain vulnerabilities, the rise of online collaboration, and the growth of digital networks are the main reasons why the cyber environment has become more dangerous. The intersection of communications, people, and data creates significant risk as malicious actors exploit the interconnectedness of modern work surfaces ,” said Werno Gevers, Head of Mimecast Middle East.

“Our research shows that corporate boards are finally realizing that cyber risk is a business risk, so it’s time for CISOs to make the case for increased budgets and increased cyber resilience.” — trade arab news agency

[ad_2]

Source link

Related Articles

UAE Strengthens Global Alliances: Landmark Diplomatic Engagements with Russia and Singapore Propel Strategic Partnerships

UAE has been actively engaged in high-level diplomatic efforts, further cementing its role as a key player on the global stage.Recently, President Sheikh Mohamed...

TicketRoot Revolutionizing Event Management with Tech-Driven Solutions

In the dynamic landscape of event management, TicketRoot has emerged as a leading platform, streamlining the entire process for organizers—from ticketing to on-site logistics....

Aviation Future Week Takes Flight: Industry Leaders Unite in Dubai to Shape the Future of Air Travel

Aviation Future Week has taken off in Dubai, bringing together industry leaders, innovators, and policymakers from around the globe to explore the evolving landscape...

ICREA Facilitates Landmark Partnership to Establish New School in Oman

ICREA is delighted to announce that we have successfully facilitated a strategic partnership between Amity Education, a leading UAE-based education operator, and an Investment...

Blockchain Life 2024 in Dubai: A Legendary Gathering of Market Insiders Ahead of the Bull Run

On October 22-23, the legendary Blockchain Life 2024 forum will take place in Dubai. Over 10,000 participants from 120 countries will come together for...

Latest Articles