Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

IT security role is critical  Join our daily free Newsletter

MENAFN - Khaleej Times - 11/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Global physical security services market to generate 86.

robert bigman addressing the conference. — supplied photo

industry specialists gathered at the second edition of gulf information security expo and conference (gisec) discussed countermeasures and solutions to combat cybersthreats and emphasised that role of it security in companies’ strategic planning is critical.

a frost & sullivan position paper authored for gisec reported that the global physical security services market generated revenues of 62.3 billion in 2013 and is expected to reach 86.32 billion in 2018.

frost & sullivan also forecasts that the middle east and africa (mea) region’s it and physical security services market will likely grow at a compound annual growth rate (cagr) of 18.4 per cent from 2013 to 2018.

on the other hand a pricewaterhousecoopers (pwc) 2014 global economic crime survey reveals that cybercrime is currently the second most reported economic crime in the middle east with high-profile breaches being reported every day. thus in its efforts at combating such crime the middle east accounts for nearly 1.4 per cent of global software spending with long-term prospects of growth as per a recent report by gartner inc.

robert bigman former chief information security officer at central intelligence agency (cia) revealed that the size of a company’s information security arm does not necessarily guarantee a secure it environment. he stressed that its influence and centralised management with strong programme and data governance controls is what works and matters most.

“there is a good mix of small and big companies who do it well when it comes to securing their organisations’ it systems” bigman said during his keynote presentation on the second day of the gisec organised by dubai world trade centre.

“what is essential is the effective participation of it security in all strategic planning and tactical decision taking it configuration change requests and monitoring of network interfaces and all use of privileged account accesses. having witnessed also how big companies do it wrong i also strongly urge that chief information security officers should not work with chief information officers” he added.

in his presentation bigman further revealed that majority of it vendors place product compatibility ahead of product security and are patching product holes instead of writing secure code. he recommended that the best solution to thwart sophisticated hackers and cyberthreats include system encryption white-listing of approved applications cyber intelligence and sharing big data analytics.

during the first day of gisec 2014 key industry speakers also discussed countermeasures and solutions to combat cybersthreats. hosting delegates from over 18 countries among the speakers at the exhibition were konstantinos karagiannis director of ethical hacking bt global services; hani nofal executive director of ins gbm; ashraf ali ismael national information assurance manager cybersecurity division (qcert) ictqatar; and stephane konan special advisor to the minister of homeland security of cote d’ivoire.

other speakers who shed light on cybersecurity threats include john taylor of protection group international; sameer shaikh it security policies and risk manager emirates group it; nader henein advanced security solutions advisory division blackberry; omar ali marosh it specialist ajman land & property department; and ayman al-issa digital oil fields cyber security advisor adma.

— abdulbasit?khaleejtimes.com


 






  MENA News Headlines
 Jul 28 2014 - Muslims mark sombre Eid in bloodied GazaAFP
(MENAFN - AFP) The end of a month of fasting was supposed to be a time to celebrate for Abeer Shamali. But instead, she spent the Muslim Eid feast at the grave of her teenage son. Fellow mourners ...

 Jul 28 2014 - Radiant During RamadanMuscat Daily
(MENAFN - Muscat Daily) Keep your skin and hair glowing and shiny even as you're fasting in this holy month. Some tips... Moisturise Your skin too gets dehydrated when you fast. It is ...

 Jul 28 2014 - Cream of the CropMuscat Daily
(MENAFN - Muscat Daily) Mahmood Said Humaid al Shibli glances at the wall clock. It's 11am with change, and only two hours to ''go to plate''.  There's crepes to layer, oranges to slice and ...

 Jul 28 2014 - Coaches satisfied with Mansoor's performance at youth sailing worldsMuscat Daily
(MENAFN - Muscat Daily) Despite young Mansoor al Mahrooqi's last-place finish in a field of 57 sailors in the Laser Radial class at the ISAF Youth Sailing World Championship held recently, Oman ...

 Jul 28 2014 - ORT set for Belgian challengeMuscat Daily
(MENAFN - Muscat Daily) Oman Racing Team (ORT), led by Muscat-based racer Ahmad al Harthy, has managed just 12 points over the past three rounds of the 2014 Blancpain Endurance Series. Despite ...

 Jul 28 2014 - Alizz islamic bank reports RO2.6mn lossMuscat Daily
(MENAFN - Muscat Daily) Alizz islamic bank has reported a loss of RO2.6mn for the period ended June 30, 2014 which the bank said, in a disclosure to the Muscat Securities Market, "is in line ...

 Jul 28 2014 - Duqm Airport takes offMuscat Daily
(MENAFN - Muscat Daily) The newly opened Duqm Airport received its first Oman Air flight ahead of schedule on Wednesday with officials saying that the facility will serve as an air transport and ...

 Jul 28 2014 - All you want to know about Oman - on a busMuscat Daily
(MENAFN - Muscat Daily) Highlighting the leadership of His Majesty Sultan Qaboos bin Said, the National Centre for Statistics and Information (NCSI) has launched a new initiative that will see public ...

 Jul 28 2014 - Air fares rise by 35 as travellers rush to make the most of long breakMuscat Daily
(MENAFN - Muscat Daily) Fares of most airlines have gone up due to the increase in demand during Eid al Fitr holidays. The prices of tickets to different destinations have gone up by nearly 35 per ...

 Jul 28 2014 - MoHC invites bid for construction of $250mn Oman Cultural ComplexMuscat Daily
(MENAFN - Muscat Daily) After announcing the appointment of the UK-based international consultancy and construction company, Mace as project manager for the Oman Cultural Complex (OCC), the Ministry ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help