DISRUPTIVE TECH
In security investment , enterprises must think holistically about attack methods and design an umbrella sentinel system to detect behaviours and identify which ones may lead to harm explains Hadi Jaafarawi at Qualys .
Holistic approach to cybersecurity spending and defending the enterprise
IDC predicts a 7.9 % year-on-year surge in the Middle East and Africa ’ s cybersecurity investment in 2023 , to reach $ 6.2 billion , which is interesting . The projection of $ 7.7 billion for the region ’ s digital defence spend in 2026 and the interim CAGR figure of 7.8 % are thought-provoking .
But none of these figures are as astonishing as the fact that MEA cybersecurity spending in 2023 will take the biggest share , more than two-fifths of overall IT investment , even beating back services and hardware for the podium position .
There was a time when this would have been unthinkable , as security would have been an afterthought at board meetings . But in a world made hybrid by the economic twists and turns of pandemics , recessions , and supply-chain ravages , the IT suite has become more complex , and attackers have become bolder . The sophistication shown in the threat actor ’ s methods of recon , deployment , and execution are , one must grudgingly admit , impressive .
This is the online climate in which regional businesses commit increased budget to cybersecurity . But as all
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