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Industry News: ESG5

      Saudi Arabia Cybersecurity Market Set to Attain Valuation of USD 10.5 Billion By 2032

      2024-07-03

      GlobeNewswire: According to the latest Astute Analytica research, the Saudi Arabia cybersecurity market was valued at US$ 3.6 billion in 2023 and is anticipated to reach US$ 10.5 billion by 2032 at a CAGR of 12.98% during the forecast period 2024–2032.

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      AI Program Poised to Advance Cybersecurity in Abu Dhabi

      2024-01-23

      Dark Reading: Experts have welcomed the creation of a new artificial intelligence (AI) council in Abu Dhabi as a key move toward strengthening national cybersecurity.

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      Suspected Cyberattack Paralyzes the Majority of Gas Stations Across Iran

      2023-12-18

      SecurityWeek: Nearly 70% of Iran’s gas stations went out of service following possible sabotage — a reference to cyberattacks, Iranian state TV reported.

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      Saudi Aramco VC Fund Backs AI-Powered Cybersecurity Startup

      2023-11-01

      BNN Bloomberg: Saudi Aramco’s venture capital arm has invested in SpiderSilk, a United Arab Emirates-based startup that offers AI-powered cybersecurity services.

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      UAE, US Partner to Bolster Financial Services Cybersecurity

      2023-10-17

      Dark Reading: The US Treasury Department and the Cyber Security Council of the United Arab Emirates have agreed to share more information on cybersecurity threats and incidents affecting the financial services industry.

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      Israel’s Startup Funding Drops As Its Famed Cyber Sector Takes A Hit

      2023-09-14

      Crunchbase: Israel has long taken pride in its blossoming tech startup scene, which has birthed large companies such as Check Point SoftwareCyberArk and Imperva, and trails only the U.S. in terms of cybersecurity funding.

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