META region security spending to cross US$2.7bn

AdobeStock 111891062IT spending in the Middle East, Turkey and Africa (META) is set to cross the $2.7 billion, up 10.2 per cent in 2018, according to International Data Corporation (IDC)

The global technology research and consulting firm have attributed that the security incidents are becoming much more complex and persistent, with a new range of steady attackers using system vulnerabilities and even the Internet of Things (IoT) to reduce services.

Megha Kumar, IDC’s research director for software in the META region, said, “Digital transformation is becoming increasingly mainstream across the region, with emerging technologies such as cognitive systems, virtual and augmented reality, robotics, and IoT gaining traction.”

“Running alongside 3rd platform solutions like cloud, mobile, social, and big data analytics, these innovation-accelerating technologies are creating a complex ecosystem that is beset by new IT security challenges,” she explained.

“In this new era, security must become more pervasive. Organisations can no longer settle for standard solutions; they must move forward by embracing a proactive approach to the issues of defence, protection, mitigation, compliance, trust, and risk,” she added.

The company stated that it will address these issues at the IDC Security Roadshow 2019, which will take place in Istanbul on 28 February. The event will cover nine countries across the META region and will include expert insights into security metrics, threat vectors and solutions that organisations should use to develop sustainable security.

The show will be complemented by a series of intimate CISO Roundtable events that will see 15-30 Chief Information Security Officers (CISOs) gather in Abu Dhabi, Riyadh, and Johannesburg for high-level discussions on embedding security and resilience into the core vision of the modern digital enterprise.

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