With growth in demand for data centers and managed and cloud services expected to be in the double and triple digits, there appears to be significant opportunity in this segment of Saudi Arabia’s ICT market. Pressure on departmental expenditures in the public sector and a subsequent slowing of growth in the private sector could act as drivers for this expansion as customers seek cost-saving synergies. However, there are also issues to address, including security fears, regulation and the development of effective strategic partnerships.
With dissolving boundaries between real and the digital world cybercrime has become a part of our daily lives. Attacks against Governments, businesses and nations is gaining prominence consistently, making responders numb to the sheer increase of cybercrime. The MENA region faces a disproportionate level of attacks, and suffer more zero day vulnerabilities than elsewhere in the world. This has led to a sharp rise in spending in security technology, but without the necessary supporting investment in improving awareness, governance, and processes.
Global organisations continue to grapple with the cybersecurity challenges, with the convergence of Internet-connected things, there will be newer risks. These challenges are only likely to increase with the existence of less assertive regulatory and legislative agendas, and also the emergence of a new generation of ‘digital natives’ leading to an exponential rise in malicious code activities, Spear Phishing and spam attacks
Nispana is excited to announce its 3rd Middle East Cyber Security Summit on the 26 & 27 March, 2017 in Riyadh. With the Kingdom’s plan to diversify into non-oil revenues like infrastructure, education, tourism etc, ICT is set to play a pivotal role especially in the key areas like infrastructure for cloud services, data centers, disaster recovery, big data and analytics, mobility and security. If your firm provides one or more of the above services, this is one event you cannot afford to miss out on!