Cisco Unveiled the UAE findings of its Cybersecurity Readiness Index for 2024 at GISEC:

Cisco Study Reveals 91% of UAE Companies Use AI Technologies in their Cybersecurity Strategies to Address Today’s Rapidly Evolving Threat Landscape

News Summary:

• The 2024 Cybersecurity Readiness Index by Cisco shows a remarkable increase in cybersecurity investment plans within UAE organizations, with 99% of respondents planning to increase their cybersecurity budgets in the next year.
• Cybersecurity Readiness is critical: 85% of respondents said a cybersecurity incident is likely to disrupt their business in the next 12 to 24 months, while 65% of respondents already experienced a cybersecurity incident in the past year.
• The persistence of the cyber talent gap underscores the need for innovative solutions, with 90% of companies highlighting talent shortage as an issue.
• Companies are aware of the challenges and are ramping up their defenses with 68% planning to significantly upgrade their IT infrastructure to address security challenges in the next 12 to 24 months.