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FINANCIAL NEWS
Mena’s spending on IT security to hit USD1.3bn
01 Nov 2016
(MENAFN) Spending on Information security tech and services will reach USD1.3bn in 2016 in the MENA region, an increase of 8 percent over last year.
Accordingly, the increased awareness about the business impact of security incidents is making organizations to focus their security plan on detection.
However, there is a huge shortage in skilled workforce and almost 50 percent of positions are going unfilled.
By 2019, it is expected that 30 percent of large enterprises will increase their security consulting services as they transition into digital business.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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