VP of Cyber Security at STC Solutions, Fahad Aljutaily, declared that increase in attacks against internet of things around the world reached 600% in 2017. China topped the list as an attack location by 21%, followed by the USA by 11% and Brazil by 6%.
In presentence of 25 journalists who attended a course in STC Academy titled “Cybersecurity - Risks and Challenges,” Aljutaily explained that 54% of the world's companies have been targeted by attacks that affected data or IT infrastructure. Additionally, global spending on cybersecurity reached $96 billion in 2018.
He also said, “By 2021, cybercrime damage is expected to reach $6 trillion per year, and jobs in cybersecurity jobs are expected to reach 3.5 million jobs.”
Aljutaily noted that the Middle East is facing a huge challenge in filling jobs in the field of cybersecurity, which is due to the lack of professionals available in this field. The GCC cybersecurity market is expected to exceed $8 billion in value in the coming years.
STC Media Club, in cooperation with STC Business Unit, held a training course for journalists, in which 25 journalists participated from various newspapers and satellite channels in the STC Academy headquarters. The course focused on the technical solutions adopted by the Kingdom of Saudi Arabia in its digital transformation such as cybersecurity, big data, cloud computing, and Internet of things.
Source: STC Press Release