Nearly half of the IT executives in the GCC say they can’t predict and prevent cyber-attacks, a new survey has revealed. The poll by Gulf Business Machines (GBM) also found that over 70% of companies plan to cut their IT security budgets, or keep them unchanged. The study involved 700 respondents in the UAE, Oman, Bahrain, Qatar and Kuwait. The firm says the results suggest that there’s still a lack of confidence in curbing online attacks among businesses. Neeraj Mathur, Manager for Security Practice at GBM is urging bosses across the region to rethink their security strategy and raise awareness.
Listen
Weaponising Strait of Hormuz is an act of economic terrorism: Sultan Al Jaber
IEA consulting with governments on further oil stock releases, chief Birol says
Dollar rises as escalating Middle East tensions spur haven demand
Business leaders highlight Dubai’s resilience amid global developments
India to withdraw temporary domestic airfare caps from Monday
