Cybercrime already cost the world $6 Trillion in 2020
Saudi Arabia is attacked much more often than other countries in the region due to its international position and its resources. Such intensification of threats causes difficulties in the functioning of both the public and private sector. Cyber attacks of different scale and intensity can considerably damage the economy and negatively affect the social and political stability of the country. What is more, cybercrime is also one of the main causes of huge money financial prestige loss.
- Saudi Arabia has the largest information and communication technology (ICT) market in the Middle East and the country is constantly developing it.
- In 2020, Saudi Arabia recorded over 22,5 million cyber attacks, each of which cost 6,5 million dollars to the state.
- In March 2021, the Ministry of Education of Saudi Arabia and the National Cybersecurity Authority signed an agreement on launching joint training and research programs in the field on cybersecurity.
- Since the first cyber attack on Saudi Aramco, Saudi Arabia has introduced a series of measures aimed at reducing the occurrence of cyber attacks.
More than one half of the Saudi directors of information affairs consider security management as the greatest technological challenge, and investing in cybersecurity as a key business goal.
Join us at the Saudi Congress on Cybersecurity to explore the challenges and opportunities in the ever-changing world of cyber threats and to understand how the Kingdom is fighting back!
The Saudi Congress on Cyber Security is powered by Agora’s series on Cybersecurity (4 editions of the Gulf Congress on Cybersecurity already heald in Dubai and the African Congress on Cybersecurity in Nairobi, Kenya) and provides a forum for qualified decision-makers, CIOs, CISOs, and CTOs from the government, banking, financial services, healthcare, oil and gas, and other industries to meet and discuss the latest cybersecurity challenges and solutions, as well as learn how to grow their businesses and protect them from potential cyberattacks.
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