By : Sarah Noureldeen
Palo Alto Networks publishes research at the Ignite 2024 conference in Riyadh on the views of CEOs in the Kingdom of Saudi Arabia regarding the cybersecurity risks facing companies.
Riyadh, Kingdom of Saudi Arabia, February 11, 2024: New research conducted by Palo Alto Networks in collaboration with CensusWide shows that 94% of organizations in the Kingdom of Saudi Arabia plan to increase their investments in artificial intelligence technologies with the aim of improving their cybersecurity strategies and state, as 77% of these organizations see AI as a key enabler of their overall cybersecurity strategies.
Ercan Aydin, Palo Alto Networks Regional Vice President for the Middle East and Africa, said: “Growing and complex cybersecurity challenges are forcing organizations to review their strategy with the aim of improving their cybersecurity posture and increasing their resilience in this context, and it is certainly encouraging to see companies in Saudi Arabia looking at "AI as a key enabler. Employing leading cybersecurity practices such as robust policies, employee training, and an integrated platform approach provide endless horizons of opportunities for organizations looking to enhance their cybersecurity with AI and machine learning."
The research concluded that 87%[1] of those surveyed in the Kingdom of Saudi Arabia are aware of potential cybersecurity risks, and 91%[2] of them believe that their organizations are prepared to confront cybersecurity challenges, while 50%[3] reported that they have witnessed an increase in attacks. electronically during the past 12 months.
About 71% of the CEOs surveyed said that cybersecurity in the Kingdom is a widespread problem within their organizations, while 49% indicated that they see themselves and the CIOs as responsible for ensuring the protection of their organizations against cyberattacks, especially when the consequences of these attacks affect On business, customers and reputation.
69% of those surveyed indicated that they are looking to increase investment in cybersecurity protection, while 84%[4] of them confirmed that CIOs or CIOs plan to reduce the number of cybersecurity solutions used in order to reduce levels of complexity.
