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Rising Cyber Threats in GCC Surges for More Adequate Cyber Security Infrastructure

The digitization trend in the Middle East, particularly in the Gulf Cooperation Council (GCC), has led to an increased risk of cyber attacks. This report highlights the rising cyber threats in GCC and the need for adequate cyber security infrastructure to protect businesses and individuals. It analyzes the current state of cyber security in GCC, identifies the key solution types and services, and provides market segmentation based on deployment type, end users, and geography. The report also presents growth analysis and adoption rates for Saudi Arabia, United Arab Emirates, Qatar, Oman, Bahrain, and Kuwait.

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Rising Cyber Threats in GCC Surges for More Adequate Cyber Security Infrastructure

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  1. Report Code : HICT1009 Rising Cyber Threats in GCC Surges for More Adequate Cyber Security Infrastructure 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com

  2. Rising Cyber Threats in GCC Surges for More Adequate Cyber Security Infrastructure GCC Cyber Security Market Outlook The continuing success of digitization across the Middle East and rapidly among the GCC (Gulf Cooperation Council), brings with it complementary and growing exposure to the risk of cyber attacks. These rising cyber threats by other countries and by highly expertise criminal rings from around the world have the potential to disrupt the progress of digitization and threaten the reimbursement delivered through it. Around 57% of Middle Eastern companies lost approximately USD 500,000 compared to 33% globally due to cyber attacks. For instance, Oman banks suffered loss of USD 45 million as result of ATM cyber-heist in the region and in 2012 Qatari natural gas company (RasGas) got smack with similar shamoon virus that shut down its website and e-mail servers. The GCC cyber security spending with the exception of the banking and energy sector does not meet the global standard. Only about 37% of the major firms have comprehensive security and training services as compared to 53% globally. In present scenario, the views in the region towards cyber security are beginning to turn, with the recruitment of professionals on the rise and many big cyber security firms are setting up in the region to protect the businesses and general public from cyber threats. For instance, Rytheon the U.S. based Technology and Innovation Company, is at forefront in developing global cyber security and defense solutions, is the one of the major firm providing cyber security to GCC institution and businesses. Send us Sample Request @ https://www.goldsteinresearch.com/request-sample/gcc-cyber-security-market-outlook-2024-regional-opportunity-assessment-and-demand-analysis-market-forecast-2016-2024

  3. Rising Cyber Threats in GCC Surges for More Adequate Cyber Security Infrastructure • Market Segmentation • Based on Solution Type • Risk and Compliance Management • Unified Threat Management (UTM) • Security Incident Management • Identity and Access Management (IAM) • Encryption • Intrusion Prevention Systems • Other (Disaster Recovery etc.) • Based on Services • Managed Services • Professional Services • Based On Deployment Type • Cloud • On-Premises • Based on End Users • Government Sector • BFSI (Banking, Financial Services and Insurance) • Manufacturing • ICT (Information and Communication Technology) • Aerospace and Defense • Retail • Healthcare • Other (Education etc.) Sample Request

  4. Rising Cyber Threats in GCC Surges for More Adequate Cyber Security Infrastructure • Based on Geography • Saudi Arabia {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)} •  United Arab Emirates {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)} • Qatar {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)} • Oman {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)} • Bahrain {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)} •  Kuwait {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)} • Request for TOC @ https://www.goldsteinresearch.com/toc-request/gcc-cyber-security-market-outlook-2024-regional-opportunity-assessment-and-demand-analysis-market-forecast-2016-2024

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