In today’s digitally driven world, businesses face a rapidly evolving cyber threat landscape. With increasing sophistication in attacks, organizations must shift their focus from traditional security to Cyber Resilience, write Mohammad Kashif, Syed Sajjad Bukhari and Shaikh Muhammad Rahib from Ecovis Al Sabti.
The ‘Cost of a Data Breach Report 2023’ reported the average cost of a data breach in 2024 to be $4.88 million, a 10% increase over the last year. This highlights the significant rise in the frequency and complexity of cyberattacks. With Saudi Arabia emerging as one of the world’s most connected countries, experts emphasize the need and importance of implementing proactive strategies to prevent and mitigate cyber-attacks.
What is Cyber Resilience
Cyber Resilience refers to an organization’s capability to withstand and protect its data and digital systems from a cyberattack while swiftly recovering any security incidents. Preparing to manage a wide range of cyber risks is always a best practice. Cyber Resilience enables businesses to prevent significant disruptions by safeguarding their operations and maintaining…
