U.S. software giant Microsoft has announced that it intends to continue investing heavily into its cyber security operations, pledging to invest upward of $1 billion yearly.
While the company has long paid attention to the importance of keeping a close relationship between cyber security solutions and their software division, Vice President of Microsoft security Bharat Shah noted at the company’s BlueHat cyber security conference that it is becoming more widely observed.
Microsoft’s own research suggests that hacks carried out on their own software amount to between 600,000-700,000 attacks every week. This is even more concerning when we note that the figure has increased from around 20,000 weekly attacks only two years ago.
While the number of attacks being carried out is a key concern for cyber security professionals, staying ahead of malicious malware is only part of their concern. The move to cloud storage and service options is also proving to be an area of considerable profit and equal concern.
The opportunity for new and exciting cyber security teams that are interested in expanding into new regions is clear, not only through the example set by Microsoft’s investment team but by the wider global IT community.
Saudi Arabia houses the largest number of daily cyber attacks in the Middle East, and provides encouragement for cyber solutions providers looking to expand into new regions. The 2ndInternational Cyber Security Conference, organised by Ministry of Interior, represented by National Cyber Security Center, in partnership with Naseba, is a perfect illustration of the opportunities facing partners, both within and outside of the region.
For more information on how to participate in the collection of the Middle East’s biggest investors, vendors and suppliers for cyber security needs, look on the Naseba website. For the latest updates on regional and global trends in cyber security and IT solutions, be sure to follow our blog on LinkedIn.