Executive Cybersecurity Leaders Round Table KSA

PwC’s 2022 Global Digital Trust Insights survey of 3,602 business and IT executives, including respondents from across the Middle East, looks at the current cyber landscape, challenges and opportunities organisations face to simplify and the need for a focus on cyber — and organisational — resilience.

Investments are continuing to pour into cybersecurity. Fifty-eight percent of Middle East organisations predict a rise in cyber spending in 2022 compared to 43% last year. More than a third (31%) predict cyber spending hikes of 10% or more; only 10% percent said that last year. Organisations know that risks are increasing with more than 43% expect a surge in reportable incidents above 2021 levels.

Whatever the nature of an organisation’s digital Achilles’ heel — an unprotected server containing 50 million records, for example, or a flaw in the code controlling access to crypto wallets — attackers will use every means at their disposal, traditional as well as ultra-sophisticated, to exploit it.

The consequences for an attack rise as our systems’ interdependencies grow more and more complex. Critical infrastructures are especially vulnerable, and yet, many of the breaches we’re seeing are still preventable with sound cyber practices and strong controls.

This session led by PwC Middle East and Tanium experts will explore how you as a business leader can be more aware of your IT estate, the risks associated with cloud digitalisation and understanding the threat landscape, mitigating the risk of incidents such as ransomware attacks and vulnerabilities like Log4shell.