With the continuous rise of digitalization among the Middle East countries grows, the exposure to cyberattacks. The cyberattacks in the MEA region are increasing as malicious actors are becoming more sophisticated.
According to a news source, Saudi Arabia's cybersecurity market is projected to grow to $5.5 billion by 2023.
These stats are a fire alarm for how quickly cybersecurity should be adapted. The national government in the MEA region is striving hard to create a secure online environment.
How hard the government may try, they often lag behind because of the ever-evolving threat landscape. Moreover, with the help of professional services, the government can create a potentially secure environment.
We have written a comprehensive guide mentioning how regulations are starting to catch up with cybersecurity risk.
The state-of-the-art National cybersecurity policies thriving in the Middle East region
The Middle East government is already aware of the new threat landscape that is associated with digitalization.
To keep up with the threat, the government has stepped up its cybersecurity game in recent years.
Here are some of the measures taken by the Middle East government:
- New and robust policies are created to protect electronic transactions.
- Many cybersecurity initiatives are driven by an IT-centric approach to ensure coherent and comprehensive strategies are implemented for national cybersecurity.
- Various cybersecurity efforts present right now are reactive. The primary aim to set up such strategies is to recover from attacks.
- National cybersecurity programs are set up using proactive cyber-security strategies.
Tips to prevent cyberattacks in 2022
It's evident that the government is there to protect us, but it is also the individual's duty to protect themselves.
Read More: Regulation Starting to Catch up with Risk
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The report goes on to talk about the dominant aspects of the market and examine each segment.Top Manufacturer’s/ Keyplayers in the Global Virtual Firewalls Market: Cisco Systems, Inc, Quick Heal Technologies Ltd, Sentia Solutions, Fortinet, Inc, Juniper Networks, Inc., Amazon Web Services, Azure, Palo Alto Networks, Inc., Comodo, WatchGuard Technologies, SonicWall, Barracuda Networks, Inc., Electric Sheep Fencing, LLC., Zscaler, Inc., Clavister, Sophos Technologies Pvt.
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The data that is collected in the market report is provided through these research mechanisms.
The tools such as Porter’s Five Force model is used to perform a quantitative and qualitative analysis of the Virtual Firewalls market.
It is mainly known for security culture which includes user network, drives, software process, information storage, application security and system support which is directly or indirectly connected to the network.
The prime objective of cyber security is to reduce continuously growing cyber risks and cyber threats.Cyber security technology consists of a collection of tools, policies, security concepts, risk management, actions, and training.
There are many sectors which are consuming cyber security platform as its major functionality for web service network.
The fundamentals of cyber security process are,Application SecurityInformation SecurityNetwork SecurityOperational Security1.
The standard of security process is consequently changing and application cycle has also a different process with different standardization.Techniques used in application security are mainly focused on its exposer of the application security.
Whitebox security is used for reviewing the source code and noticing security flaws of the application through manual functionality.
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Any company has specific trade or production secrets and intellectual property that is definitely worth protecting.
Since nowadays cyber-attacks become more sophisticated and complex, there is no single approach to risk management in cyber security.
According to Chaudary and Hamilton (2015), an effective cyber-security risk management effort must include effective framework, end-to-end scope, thorough risk assessment and threat modeling, proactive incident response planning and dedicated cyber-security resources.
Any of the associated risks in the cyberspace could be prevented or eliminated in a special way.
In this paper, I shall analyze possible management methods of the associated risks of malicious attacks, such as Trojan, worms, spyware, and data loss.According to the survey by Ponemon Institute LLC, the average total cost of data breach in 2014 increased up to $3.5 million, a 15% increase from 2013.
According to Burgess (2014), companies with security-aware users are less likely to be the victims of cyber attacks or data loss, since it is harder for the attackers to make employees install the tricky malware.
