Cybersecurity investments hit a new high in the Middle East

This is according to GISEC.
The crowd at GISEC
The crowd at GISEC

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Cybersecurity is an integral for the Middle East region. With investments at an all-time high, organizations are seeing this time as an opportunity to double down.

The region is playing host to a number of different countries, one of which is Russia. The comeback for Russia is down to the region's lucrative markets and prospects. Just last month, Russia opened its first Russian Centre for Digital Innovators and Information and Communication Technologies in Dubai’s Internet City (DIC), marking its first official foray into the Middle East’s technology sector. Traditionally, Russian presence in the region has primarily been political or military driven but with this, it is hoping to expand its mandate and scope.

Another country is Saudi Arabia, which is working in conjunction with the UAE.  It is believed that almost 70 per cent increase spending of medium-to-large organizations in the buildings and cities sector in the UAE and Saudi Arabia expect to increase spending on digitalization and Industrial Internet of Things (IIoT) technologies in the next five years.

Of course, cities like Abu Dhabi within the UAE are also getting involved. In partnership with Trend Micro, the Abu Dhabi Digital Authority (ADDA) has launched an initiative aimed at strengthening the protection of Abu Dhabi organisations’ servers and hybrid cloud data centres.

With GISEC around the corner, the show may serve as a great networking opportunity on a scale no other region can match. It is the biggest cybersecurity show in the region officially supported by the likes of Dubai Police and Smart Dubai. Happening between 6-8 April 2020, it will bring together 8,300+ InfoSec professionals, 170+ top ranked companies from 80 countries for a business to find its right audience.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.

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