May 22, 2024 at 02:40AM The increasing cybersecurity incidents and data privacy regulations drive demand for cybersecurity. Survey forecasts a 13% annual spending increase through 2025 and highlights challenges. Outsourcing is favored, with 81% of executives using outside vendors. Experts suggest evaluating internal resources and strategically outsourcing to balance costs and improve security outcomes. Keaton … Read more
March 13, 2024 at 10:45AM The White House has released a $7.3 trillion budget proposal for fiscal year 2025, emphasizing increased cybersecurity spending. This includes specific allocations such as $13 billion across civilian departments, $3 billion for the cybersecurity agency CISA, and additional funding for the Justice Department and healthcare sector. The budget also addresses … Read more
February 13, 2024 at 02:36PM Cybersecurity spending in the Middle East, Turkey, and Africa is expected to exceed $6.5 billion in 2024, driven by geopolitical threats, generative AI security concerns, and increasing data-protection regulations. Companies are increasing budgets due to more cybercrime and regulatory enforcement, with core countries like Saudi Arabia and the UAE leading … Read more
February 9, 2024 at 03:43PM In the Middle East, over 50% of cybersecurity leaders face a lack of funding as the main challenge. However, cybersecurity spending is expected to exceed $238 billion in 2024. This highlights the growing concern for cybersecurity in the region. The importance of embracing new innovations and cyber training is also … Read more
December 13, 2023 at 07:00AM The US Senate confirmed Harry Coker as the new National Cyber Director in the White House’s Office of the National Cyber Director (ONCD). Coker, previously executive director of the NSA, aims to continue ONCD’s work. The role was established in 2021 after the SolarWinds hack. His confirmation was praised for … Read more