Cybersecurity will account for $3.3 billion in Middle East spending in 2024. The Middle East is particularly vulnerable to cyber attacks due to its strategic importance and presence of critical infrastructure.
With the emergence of artificial intelligence on the scene, the challenges related to cybersecurity have increased. The region is home to a number of innovative cybersecurity startups and companies working to develop cutting-edge solutions to address the region's unique security challenges. The emerging regulatory landscape and increasing frequency of cyberattacks are prompting business risk management leaders to increase their spending on security measures.