Security spending in Saudi Arabia to reach $425m in 2020: Report
- Date: 19-Sep-2020
- Source: Saudi Gazette
- Sector:Technology
- Country:Saudi Arabia
Security spending in Saudi Arabia to reach $425m in 2020: Report
RIYADH — Trend Micro Incorporated Wednesday in partnership with IDC and leading industry organizations released a report titled ‘Cybersecurity and its Impact on Digital Saudi' that covers an in-depth analysis of the Kingdom's security landscape. The research is a culmination of interviews with technology stakeholders and cybersecurity experts across the country, which has long been MEA's largest ICT market.According to the findings, most CIOs (60%) see managing security as the biggest continuing technology-related challenge faced by their organization, and 75% of them have set aside budgets for cybersecurity and privacy technologies, seeing these tools