Cyber Security is Always a ChallengeW
West Asia is on a path of recovery, even though economic growth has slowed. Due to the impact of reduced oil output and the Gaza crisis, the IMF lowered its economic growth projections for the year to 2.9 percent in its latest report on the West Asia and North Africa region. The recovery phase is led by Saudi Arabia, which is undergoing a socio-economic transformation under the aegis of Mohammed bin Salman Al Saud (MBS), the Crown Prince and Prime Minister of Saudi Arabia. The emerging technology realm and diversification of its oil-based economy can be seen across the region.
But all these aspects have contributed to an explosive cyber threat environment, creating a perfect milieu for cyber-attackers to thrive. The work-from-home and hybrid models have further contributed to this dire scenario. While the exponential growth of the internet and cloud and IT industry achieved a constant growth form, the cyber attackers unleashed themselves on this opportunity, and the consequences were catastrophic.
According to an IDC forecast, global security spending will reach nearly $300 billion in 2026. It’s no rocket science that, regardless of the size of your business, there is always the sword of Damocles hanging over organizations. It would help if you built a safer atmosphere around your business by securing the services of cybersecurity specialists. You must travel that extra mile to ensure end-point security. On this note, we present this yearly special issue based on the stellar business leaders in West Asia.