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.

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