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UAE and KSA security leaders call for better resources for cyber-resiliency
Despite a continued increase in cybersecurity spending in the UAE and Saudi Arabia, organisations in the region are still poorly equipped to handle the cyber threats being thrown at them. According to new research from Trellix, 66% of CISOs in the UAE and KSA still believe their organisation lacks the right people and processes needed to be truly cyber-resilient. In addition, almost three quarters believe that their current technology set-up is insufficient.
Khaled Alateeq, Head of Middle East, Trellix (right), said: “What comes across most in this study is not the lack of investment. There are plenty of signs that commitments in this regard are on the rise, including the fact that only 36% of respondents cited budget and resource challenges.
“What emerges here is more of a misdirection of investment. We must ensure the right people and processes are in place for sure. But it is worrying that
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“CISOs are telling us plainly that ‘more solutions’ is not the answer. They need a platform approach that is open and capable of learning and adapting to build a proactive defence. CISOs and their teams must be able to see, protect, and resolve. They must be able to maximise visibility and peer into every corner of the enterprise. They must be able to have coverage of every asset and be equipped with unrivalled discovery speed when picking up on potential threats. And they must be able to automate their response across this connected security ecosystem to keep their organisation from becoming the latest victim of the threat landscape.” www.trellix.com
SAS invests $1bn in AI solutions
Analytics firm SAS is to invest US$1 billion over the next three years to develop advanced analytics solutions. Solutions will be focused on key industries including: banking, government, insurance, healthcare, retail, manufacturing and energy.
The billion-dollar investment includes direct research and development, industry-focused line-of-business teams, and industry marketing efforts.
SAS CEO Jim Goodnight, said: “Through this investment, SAS will continue to support companies using AI, machine learning and advanced analytics to fight fraud, manage risk, better serve customers and citizens, and much more. We remain steadfast in our ongoing commitment to innovation while delivering the market’s best analytics.” www.sas.com