Help AG, the Middle East’s premier enterprise security advisor, took center stage at the Gulf Information Security Expo and Conference (GISEC) 2024, shedding light on the evolving digital threat landscape and cybersecurity investment trends across the GCC region. At a roundtable discussion led by CEO Stephan Berner and CTO Nicolai Solling, Help AG unveiled key findings derived from their extensive research and experience working with major enterprises and government entities in 2023.
Top Threats Facing Organizations:
Help AG’s analysis revealed a stark reality for organizations in the GCC, with Credential Theft and Brand Abuse emerging as dominant threat categories, representing 49% and 39% of critical risk alerts, respectively. Notably, the Education, Aviation, and Healthcare sectors bore the brunt of cyberthreats, accounting for 80% of targeted organizations, followed by Government, Investment, and Banking sectors as digital transactions surged.
Furthermore, Help AG recorded a staggering 42% increase in Distributed Denial-of-Service (DDoS) attacks, totaling 213,434 incidents in 2023. The Government sector bore the brunt, with 40% of DDoS attacks targeting governmental entities, highlighting the critical need for robust cybersecurity measures across all sectors.
Trends in Cybersecurity Investment:
Amid the digital transformation wave, cybersecurity investments witnessed a doubling in 2023, with a focus on consolidating cyber defense estates, managed defense services, and advisory solutions. Noteworthy investments include a surge in Multi-factor authentication implementations, patch management processes, web application firewalls, and privileged access management, signaling a concerted effort to fortify defenses against evolving threats.
Help AG’s Presence at GISEC 2024:
Under the theme “Intelligence AMPLIFIED,” Help AG showcased its innovative approach to cybersecurity, blending human intelligence with intelligent automation to enhance digital defenses. The company highlighted its ‘Cybersphere Nexus’ strategy, focusing on securing AI, advancing post-quantum cybersecurity, and championing sustainable cybersecurity practices.
Help AG’s expertise in Secure Cloud & Apps, Data Security & Privacy, Identity Fabric Immunity, OT & IoT Security, Intelligent Automation, and Secure Access Service Edge (SASE) was prominently featured. Additionally, the company emphasized its range of managed security services, underlined by an agile architecture and a people-centric philosophy, earning recognition as the MSS Leader in the GCC by IDC MarketScape for 2023.
Accompanied by strategic partners and leading cybersecurity vendors such as Fortinet, Splunk, ImmersiveLabs, Picus, SecurityScoreCard, Zscaler, Netscout, Infoblox, F5, and CyberArk, Help AG’s presence at GISEC 2024 underscores its commitment to bolstering cybersecurity defenses across the region.
As cyber threats continue to evolve in sophistication and scale, Help AG’s insights and innovative solutions showcased at GISEC 2024 serve as a beacon for organizations seeking to navigate the complex cybersecurity landscape and fortify their digital defenses in the face of emerging challenges.
