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Gartner Forecasts Global Information Security Spending to Grow 15% in 2025

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Worldwide end-user spending on information security is projected to total $212 billion in 2025, an increase of 15.1% from 2024, according to a new forecast from Gartner, Inc. In 2024, global information security end-user spending is estimated to reach $183.9 billion.

“The continued heightened threat environment, cloud movement and talent crunch are pushing security to the top of the priorities list and pressing chief information security officers (CISOs) to increase their organization’s security spend,” said Shailendra Upadhyay, Senior Research Principal at Gartner. “Furthermore, organizations are currently assessing their endpoint protection platform (EPP) and endpoint detection and response (EDR) needs and making adjustments to boost their operational resilience and incident response following the CrowdStrike outage.”

The adoption of AI and generative AI (GenAI) continues to increase investments in security software markets like application security, data security and privacy, and infrastructure protection. Through 2025, GenAI will trigger a spike in the cybersecurity resources required to secure it, leading to an expected 15% increase on security software spending (see Table 1).

Since the release of GenAI, attackers are increasingly employing tools along with large language models (LLMs) to carry out large-scale social engineering attacks, and Gartner predicts that by 2027, 17% of total cyberattacks/data leaks will involve generative AI.

As organizations continue to move to the cloud, Gartner analysts expect an increase in cloud security solutions, and the market share of cloud-native solutions will grow. The combined cloud access security brokers (CASB) and cloud workload protection platforms (CWPP) market is estimated to reach $8.7 billion in 2025, up from the forecasted $6.7 billion in 2024.

The global skills shortage in the cybersecurity industry is a major factor driving investment in the security services market (security consulting services, security professional services and managed security services) which is expected to grow faster than the other security segments.

In the Middle East and North Africa (MENA) region, end-user spending on information security is forecast to total $3.2 billion in 2025, an increase of 14% year on year (see Table 2).

“The continued growth in security spending in the MENA region is primarily driven by the constantly evolving regulatory environment and the rise in cyberattacks,” said Upadhyay. “Furthermore, digitalization and cloud migration are broadening the threat landscape for enterprises. Consequently, CISOs in the region are focusing on ensuring compliance with rapidly changing regulatory and privacy frameworks, countering persistent threats as well as addressing C-suite and board-level executives’ concerns on organizational resilience and cybersecurity posture.”

Cyber Security

AmiViz Champions Cybersecurity Innovation at Leading MENA Events

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AmiViz has announced its successful participation in two key regional cybersecurity conferences: MENA ISC 2024 in Saudi Arabia, and CYSEC UAE 2024 in the UAE. These events have served as a platform for AmiViz to collaborate with its top vendors, including Bitsight, Cequence Security, Picus Security, AlgoSec, BlackBerry, Check Point, Tenable, Asimily, and Threatcop, to showcase cutting-edge cybersecurity technologies and solutions.

Throughout these events, AmiViz engaged deeply with partners and customers, gaining invaluable insights into the unique cybersecurity challenges faced in the region. The focus was on promoting new technologies that address these challenges and enhance security protocols for businesses operating in the dynamic Middle Eastern market.

“Our presence at the MENA ISC 2024, and CYSEC UAE 2024 has been a remarkable opportunity for us to not only present our innovative solutions but also to understand firsthand the needs and pain points of our clients,” stated Ilyas Mohammed, COO at AmiViz. “Collaboration with our key vendors has allowed us to offer a comprehensive suite of cybersecurity products and services that cater specifically to the complexities of this region.”

AmiViz’s participation in these events underscores its commitment to advancing cybersecurity readiness and resilience across the Middle East. By leveraging strategic partnerships with leading global vendors, AmiViz continues to bring state-of-the-art cybersecurity solutions to the forefront, helping businesses protect their critical assets against increasingly sophisticated cyber threats.

AmiViz, along with its key vendors, will continue participating in major tech events, with plans for a strong presence at GITEX next month. Following GITEX, the company is gearing up for Black Hat in Saudi Arabia this November, showcasing its cutting-edge cybersecurity solutions to the region.

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Cyber Security

UAE and Saudi Arabia Face Unprecedented 70% Rise in Threats: Positive Technologies

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Positive Technologies experts have unveiled comprehensive research on the shadow market of cybercriminal services targeting the Gulf countries. The UAE and Saudi Arabian organizations remain in the crosshairs of cybercriminals, and over half of all posts on darknet forums are about selling data and access to local companies’ infrastructures. Researchers have highlighted a sharp increase in the free distribution of such data on the dark web, along with a surge in reports of DDoS attacks targeting the public sector and other industries. One in five ads analyzed was related to buying or selling access, with two-thirds available for under $1,000.

According to the research, cybercriminals remain focused on the two largest economies in the region—the UAE (40% of all posts) and Saudi Arabia (26%). The spotlight on darknet forums is on the public sector, which accounted for 21% of all analyzed posts. Most of the data (63%) related to regional government institutions was published for free as part of hacktivist attacks. Next in line for most popular on the dark web are commerce (16% of all ads), the service sector (15%), and financial institutions (13%).

Amid geopolitical tensions, hacker groups have ramped up calls for DDoS attacks and breaches to disrupt government institutions in the region. In the first half of 2024, the number of reports on the results of DDoS attacks on the dark web surged by 70% compared to the same period in 2023. Beyond the public sector, hacktivists also targeted the financial and transportation sectors.

According to the research, 33% of all the analyzed ads were linked to data breaches. One-third of these messages were about selling information. In these ads, criminals primarily offered databases stolen from major commerce companies, with an average cost of $2,300.

Positive Technologies analyst Anastasiya Chursina commented, “When compared to our previous research over a similar period, the share of freely distributed data almost doubled (up to 59%). This allows criminals to broaden the profiles of potential victims for targeted attacks. If the victim refuses to pay the ransom, both ransomware groups, as well as hacktivists (whose goal is to draw public attention to a political stance rather than just receive financial gain), can distribute data for free.”

Accessing company information resources is the second most common type of dark web ads, making up 21% of all listings. According to the research, in 70% of all cases, access can be bought for less than $1,000. The vast amount of access-for-sale ads on the darknet and their low cost make it easier for cybercriminals to gain initial access and launch attacks on organizations in the region.

Positive Technologies recommends that companies build their defences based on result-driven cybersecurity, using modern tools such as application-level firewalls, including cloud versions, network traffic analysis systems, solutions for monitoring information security events and managing incidents, as well as metaproducts.

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Cyber Security

BotGuard OÜ to Offer Live Demos at GITEX GLOBAL 2024

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BotGuard OÜ will present its intuitive, user-friendly cybersecurity solution at GITEX GLOBAL 2024, focusing on effective bot protection. Live demonstrations in Hall 25 stand H25-21 will showcase the ease and efficiency of the technology in securing websites against malicious attacks. “Our participation in GITEX GLOBAL 2024 underscores our commitment to addressing the escalating malicious bot attacks faced by organizations worldwide,” said Bertil Brendeke, Chief Revenue Officer (CRO) of BotGuard OÜ. “At GITEX, we aim to engage with industry leaders and stakeholders, sharing our expertise and practical technologies that can help fortify their defences.”

In 2023, 17% of API attacks involved bad bots exploiting business logic vulnerabilities. For hosting companies, such vulnerabilities can lead to unauthorised access to sensitive customer data or control over hosting resources, further emphasizing the need for reliable security protocols and regular audits of their systems. “BotGuard OÜ’s solutions are designed to address these exact challenges, enabling businesses to safeguard their digital assets. The technology is incredibly easy to use, making it accessible for businesses of all sizes,” the company said.

By participating in GITEX GLOBAL 2024, BotGuard OÜ aims to expand its reach in the Middle East, providing local businesses with the tools they need to combat cyber threats effectively. During the event, live demonstrations in Hall 25 stand H25-21 will showcase how their website protection can be set up within a minute. These demonstrations will highlight the efficiency and effectiveness of BotGuard’s solutions.

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