Gulf firms need to alter approach to improve cybersecurity: Survey


(MENAFN- Muscat Daily) Muscat- With the Gulf landscape increasingly going tech-savvy, it is important that organisations change their mindset regarding spending on the right technologies to deal with cybersecurity breach. According to an annual survey conducted by the Gulf Business Machines (GBM), the region's IT solutions provider, 41 per cent of Gulf-based enterprises admitted to being breached at least once in the last 12 months, in comparison to 28 per cent in 2016.

The findings were provided as part of the seventh edition of its annual cybersecurity study recently. This year's survey focused on cybersecurity in the business environment, and revealed how regional companies are implementing their cybersecurity strategy. Only 31 per cent of regional organisations were concerned about detection and response to attacks.

Meanwhile, 62 per cent of respondents stated that they were likely to utilise Artificial Intelligence for securing their organisations. 'We have seen a large number of high-profile cyberattacks this past year and this is a trend that isn't looking to slow down. Despite the constant stream of security updates and patches, attacks are growing increasingly common. It is crucial for organisations to understand that preparation against a security breach should not be purely focused on preventative tactics, but rather it is important to invest in resources that aid in detection and response,' said Hani Nofal, vice president of Intelligent Network Solutions, Security and Mobility at GBM.

The security survey also revealed that up to 79 per cent of respondents believed their company currently has an effective security strategy programme in place. The majority of respondents also reported their company had not experienced a security incident in the last 12 months.

The survey polled over 600 executives and IT professionals from a range of industries in the UAE, Oman, Bahrain and Kuwait.

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