Middle East nations are witnessing significant economic and technological transformation due to growing business opportunities in large industries such as banking, financial services, insurance (BFSI) in the region. With the rapid economic growth and the increasing threat of cyber crimes, many organizations in the Middle East countries are beginning to recognize the need for an efficient cyber security system. Particularly Oman government is actively pushing and promoting connectivity, which is a key element of the broader Digital Oman Strategy (eOman), which is focused on developing IT skills, digital literacy and e-government services. As we are aware new digital initiatives brings new cyber challenges. Hence the Sultanate of Oman while adopting to new elements, they will need to upgrade or implement their cyber defense mechanisms in parallel.
The sultanate’s ongoing commitment to cyber defense offers myriad opportunities for local and foreign ICT service providers, with strong demand growth expected in both the public and the private sector.
Whilst Oman is number one in terms of readiness against cyber-attacks in the Middle East, there are new threats emerging not just in the region, but across the world. Nispana will be hosting over 150 CISOs & CIOs at its fourth Cyber Security Conference this year between September 17 & 18 in Muscat to uncover some of the latest threats in the region and how companies are gaining cyber intelligence to counter these.