Businesses do themselves a good deal of harm if they think it is only a tech issue and worryingly the Middle East’s response to combat the threat lags the rest of the world
Cybersecurity — you’re either ready or you’re not. The alarm has been sounding for quite some time. It is no longer a question of if your organisation may be subject to the risks of cyber-threats, but when.
The paradigm has shifted and the harsh realities of cybersecurity are no longer an emerging risk, they have emerged and are a business imperative. Things are only heading in one direction and, left undiagnosed and untreated, the prognosis is alarming.
The assets and wealth of financial institutions in the GCC have been identified as prime targets for cyber-criminals. While this is a global issue, the Middle East’s response to combat the threat lags the rest of the world.
As asset managers in the GCC seek to grow assets under management, they are failing to attract assets from sophisticated and discerning institutional investors who have already woken to the seriousness of the cyber-threat. GCC institutional investors and investment managers need to protect themselves and their investors from the…
