Saudi organisations prioritise cybersecurity investment; research
VMware plans to open an office in Riyadh in H2 2017
Cybersecurity has been ranked as a top IT investment priority in the Kingdom of Saudi Arabia, according to VMware.
During IDC's ‘CIO Security Summit 2017 Saudi Arabia', VMware however highlighted that cybersecurity investment alone is not enough, as 46% of Saudi organisations still expect to be hit by a cyber-attack.
VMware's research also found that with businesses in the region increasing funding for cybersecurity solutions across data backup (74%), encryption (66%), threat monitoring (64%) and firewalls (60%).
Additionally, 52% of Saudi respondents said the threat of cyber-attacks has caused a "high" or "very high" impact on investment in technology without awareness or education. As a result, the biggest threats in the Kingdom are the use of non IT validated cloud services (44%) and bring your own device (42%) employees (40%).
Jean-Pierre Brulard, senior vice president and general manager, Europe, Middle East, and Africa, VMware, said: "Despite increased spending on cybersecurity, traditional security models need to change. To better protect business brands and customer trust, IT departments should shift their spending focus to securing applications, which are at the heart of business success and competitiveness.
"That is why we have added VMware AppDefense to our security transformation portfolio, to enable organisations to further secure the interactions between users, applications, and data."
Ahmed Auda, managing director, Middle East and North Africa, VMware, added: "Cybersecurity has moved from an IT team discussion to a boardroom discussion, with every employee being responsible for protecting their organisation from cyber-threats.
"By leveraging security across the cloud, mobility, and data centre, CIOs can embed security in the IT infrastructure, and keep their employees up-to-date on the best practices and methods on how to protect their data. Having a new office in Riyadh will enable us to better service our customers here in the Kingdom of Saudi Arabia and we look forward to that opening later this year," he concluded.