GCC firms to spend $1b on cyber security by 2018

The GCC network security spend is set to grow from $340 million in 2012 to $1 billion by 2018, positioning the region among the global leaders in cyber security preparedness.

“As cyber-threats grow in complexity and severity, GCC organisations are among the world’s most advanced in deploying solutions that proactively protect devices, user information, and corporate data. Infosecurity Middle East is an ideal platform to promote the global Mobile Security Alliance and our enterprise mobility management and end user computing solutions,” said Ian Evans, vice president of End User Computing at VMware, and EMEA managing director at AirWatch.

At Infosecurity Middle East’s 6th International Cyber Crime Conference, localised from Europe’s leading cyber security exhibition, law enforcement, legal, and business and IT experts debated and discussed Smart City, Internet of Things, and financial cyber security, the UAE National Agenda for Information Security, and online safety and privacy for children.

Courtesy: Khaleej Times