Cybersecurity Keynote: Achieving Greater Resilience to Protect Companies and Consumers
The nature of the cybersecurity threat continues to proliferate at an alarmingly rapid pace and in the first quarter of 2016, 45%, of organisations in the Middle East, Turkey, and Africa reported cyber security incidents, according to Kaspersky Lab. Consequently, the Middle East cybersecurity market is forecast to double in size from $11.38 billion in 2017 to $22.14 billion by 2022 (Research and Markets). This growth is being driven by the rising number of digital services and connected solutions, which in many cases have not been designed to cope with emerging security threats. Machina Research predicts that there will be 26 billion connected devices in the world by 2020. These need to be reliable and secure in order for the Internet of Things market to reach its potential. The providers of these new services may be unaware of the cyber security threats their services face, and may not have the skills to mitigate these risks. In contrast, their adversaries may quickly taking advantage of technology and security weaknesses if these vulnerabilities are exposed. This eye-opening session will debate the best approaches to achieving resilience and protecting companies and consumers alike from the ever growing threat posed by cyber security in the context of the Internet of Things.