Page 61 - SAMENA Trends - July-August 2023
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ARTICLE  SAMENA TRENDS


                                                       ARTICLE





        Cybersecurity Fronts in Digital Transformation





                                      Over  the  last  decade,  digital  and  technology   Cutting-edge  technologies
                                      transformations have rapidly changed the way
                                      public and  private  organizations  operate  and   are surging in the  region
                                      conduct their business. These transformations   and  with  the  rise  of  OT and
                                      have taken an even more drastic turn during the   IoT, cybersecurity  becomes
                                      last  pandemic  when  the  world had  to  rapidly
                                      adapt and shift to remote ways of working. Early   an  essential  safeguard  to
                                      this year, very few people knew about generative   protect  sensitive data and
                                      AI.  Today, organizations  are  assessing  how
        Rob Van Dale                  disruptive  this  technology  will  be  and  what   infrastructure, especially as it
        Partner and MEA Practice      ramifications  it  will  have  on  the  business   is expected that IoT will replace
        Head - Digital Transformation  environment and the  workplace.  Across  the
                                      Middle  East,  technological  advancement  and   humans  as the  weakest  link
                                      related  innovations  have been adopted  as   in cybersecurity (estimates
                                      key enablers  of the  region’s  overall  economic,   indicate  that the  number  of
                                      cultural, and urban transformation. For instance,
                                      developing  smart  cities  has  become a  top   IoT devices operating solely
                                      priority for GCC  countries  aiming  to enhance   within KSA will supersede 145
                                      citizens'  quality  of life  while  simultaneously
                                      promoting   sustainable   living.   Significant   million by the year 2030) .
                                      investments are undertaken into new cities as
        Hadi Faraj                    well  as  upgrades  to  existing  ones  to  develop   which are not only becoming more and more
                                      smart city  use cases  leveraging technology   complex and sophisticated but also cheaper to
                                      (computer vision, machine learning, IoT, ...).  perpetrate. This  oversight  often  stems  from a
                                                                              failure  to perceive  cybersecurity  as  an  equally
                                      As these transformations generate tremendous   valuable business enabler, viewing it solely as
                                      value across the region, they are also becoming   an additional cost or burden and “a set of rules
                                      increasingly complex as they combine multiple   to comply by”. However, the  repercussions  of
                                      technologies  within  constrained  environments   cyberattacks  can  be  devastating  and  costly
                                      (legacy  systems,  business  readiness,  not  only  at  the  organizational  level  but  also
                                      available  resources, …).  In  this  context,  the   at  a  nation-state  level.  According  to  Statista,
                                      critical  importance  of cybersecurity cannot   the  average  cost  of a  data  breach  in  the
        Reddy Prashaen                be overstated.  Cutting-edge  technologies  are   Middle  East  reached  $7.44  million  in  2022,
                                      surging  in  the  region  and  with  the  rise  of OT   emphasizing the toll cyber incidents can take on
                                                                                         2
                                      and  IoT, cybersecurity becomes  an  essential   organizations . Considering this, it is imperative
                                      safeguard  to  protect  sensitive  data  and   for organizations in the Middle East and beyond
                                      infrastructure, especially as it is expected that   to recognize that  cybersecurity is  not just
                                      IoT  will  replace  humans  as  the  weakest  link   a defensive measure but more importantly
                                      in  cybersecurity (estimates  indicate  that  the   a  strategic  asset  that  builds  and  enhances
                                      number of IoT devices operating  solely  within   stakeholders  trust  and  confidence.  Embracing
                                      KSA will  supersede  145  million  by the  year   cybersecurity  as an integral  aspect  of digital
                                      2030)  .                                transformation is  vital  to ensure  business
                                          1
        Guy Ngambeket                                                         operations  and  continuity. Below are couple
                                      Despite a growing awareness of its significance,   of recommendations,  based  on Kearney’s
                                      many organizations tend to neglect cybersecurity   experience  working  with  entities  across  the
                                      and/or take  inappropriate  measures  during   globe,  for organizations  and  policy  makers  to
                                      swift  transformations,  inadvertently  leaving   consider during digital transformations.
                                      themselves  vulnerable  to  cyber-attacks


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