FEATURE : CYBERSECURITY
Cementing your security posture
The goal of implementing cybersecurity is to provide a good security posture for computers , servers , networks , mobile devices and the data stored on these devices from attackers with malicious intent . As cyberattacks increase , they are being designed to access , delete or extort an organisation ’ s or user ’ s sensitive data ; making cybersecurity vital . Industry pundits tell Intelligent CIO Middle East how enterprises can cement their security posture .
Organisations in the Middle East region have witnessed a significant increase in cyberattacks across industries – some of which have caused financial and reputational losses . Businesses have certainly amped up their security spending as the drive towards digitisation gathers speed and the threat landscape continues to evolve at an even rapid pace .
The Middle East cybersecurity pre-COVID 19 market size was projected to grow from US $ 16.1 billion in 2020 to US $ 28.7 billion by 2025 , growing at a compound annual growth rate ( CAGR ) of 12.2 % according to a report from Markets and Markets . The report projects that Post-COVID 19 the market size will grow from US $ 15.6 billion in 2020 to US $ 29.9 billion by 2025 , at a CAGR of 13.8 % during the forecast period .
Alain Penel , Regional Vice President – Middle East , Fortinet , said an unforeseeable shift in network structures and attack strategies has been dropped on the cybersecurity industry in 2020 .
Penel said as the COVID-19 pandemic continues to take its toll on organisations and individuals around the globe , the industry is now dealing with a threat landscape that ’ s become more intense , complex and saturated than ever before . “ Attackers are now more targeted toward the remote worker . According to the FortiGuard ’ s latest threat landscape www . intelligentcio . com INTELLIGENTCIO
51