{"id":86125,"date":"2024-05-14T00:00:00","date_gmt":"2024-05-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/14\/saudi-others-are-falling-behind-on-overall-cybersecurity-readiness-cisco-report-shows\/"},"modified":"2024-05-14T00:00:00","modified_gmt":"2024-05-14T00:00:00","slug":"saudi-others-are-falling-behind-on-overall-cybersecurity-readiness-cisco-report-shows","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/14\/saudi-others-are-falling-behind-on-overall-cybersecurity-readiness-cisco-report-shows\/","title":{"rendered":"Saudi + others are falling behind on overall cybersecurity readiness, Cisco report shows"},"content":{"rendered":"

Saudi businesses have some distance to go when it comes to cybersecurity <\/strong>readiness: <\/strong>Only 1% of firms have reached the \u201cmature stage\u201d of overall cybersecurity readiness in 2024, according to Cisco\u2019s <\/a>Cybersecurity Readiness Index report (pdf)<\/a>, which assesses the readiness of organizations globally to confront cybersecurity risks. This compares with a declining global average of 3% from 15% last year in terms of the most advanced state for overall readiness as Cisco sheds light on the declining state of overall cybersecurity readiness globally in comparison with 2023.<\/p>\n

Dive deep:<\/strong> 27% of local firms are at the \u201cprogressive\u201d stage for overall cybersecurity readiness while 69% are at the \u201cformative stage\u201d and 3% are beginners, according to the report.<\/p>\n

The report assesses cybersecurity readiness across five pillars<\/strong>, which include identity intelligence, machine trustworthiness, network resilience, cloud reinforcement, and AI fortification. <\/p>\n

Most of the local firms surveyed by Cisco \u201care in the early stages\u201d of identity intelligence <\/strong>readiness <\/strong>with 58% in the formative stage and 27% in the beginner stage. Only 2% of companies fall under the mature category, with Cisco describing the figures as \u201cworrying given the clear threat presented by identity management.\u201d<\/p>\n

The majority of local companies are also at the most basic levels of readiness in terms <\/strong>of network resilience<\/strong>, with 56% at the formative stage and 10% at the beginners stage. Only 3% are at the mature stage, with 31% at the progressive stage. Cloud reinforcement (think improved cloud security) show Saudi businesses lagging begin, with the majority at the most basic levels of readiness. Only 3% of firms are at the mature stage.<\/p>\n

Saudi businesses are doing better in one pillar than everyone else:<\/strong> Some 68% of local businesses surveyed are working ot understand what AI means to them in comparison to the global average of 46%, according to Cisco. Another 27% are in the formative stage, while 1% are at the beginners phase, and 4% of businesses are at the mature stage.<\/p>\n

The PIF, meanwhile, is ahead of the game<\/strong>:<\/strong> The PIF\u2019s Saudi Information Technology (Site) signed an agreement<\/a> last month with South Korean IT solutions provider AhnLab to establish a cybersecurity joint venture. They\u2019re looking to market cybersecurity solutions to government agencies and the private sector in Saudi and across the region and into North Africa. A wholly owned unit of Site is set to acquire a stake in the Seoul-based firm through a KRW 74.4 bn (c. USD 55.3 mn) capital injection on 27 June. Cyberani, a subsidiary of Aramco, recently partnered<\/a> with French defense electronics provider Thales to bolster local digital infrastructure for cybersecurity.<\/p>\n","protected":false},"excerpt":{"rendered":"

The majority of surveyed local businesses are moving forward in terms of AI fortification readiness<\/p>\n","protected":false},"author":1,"featured_media":86126,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2743],"tags":[742,1458,1992,10,2433],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-86125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-artificial-intelligence","tag-cisco","tag-cybersecurity-readiness-index-report","tag-enterpriseam-ksa","tag-technology","wpautop","entry"],"acf":{"mongo_id":"dc7b3210-5e73-4046-bf77-dba1088cd7c5","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/958.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Only 1% of local businesses are at an advanced stage for overall cybersecurity readiness, says Cisco","related_issue":[86118],"teaser":"The majority of surveyed local businesses are moving forward in terms of AI fortification readiness","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.534696ab-e1cb-4b69-8821-d118a3dc382f.mp3"},"yoast_head":"\nSaudi + others are falling behind on overall cybersecurity readiness, Cisco report shows - 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