Page 10 - Digitaltech Magazine Cybersecurity
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UAE MARKETSCAPE






























         than not they are not getting the    international standards like SOX,    “With the speedy development of
         basics right, partly due to complex   Basel 3 & 4 Frameworks and PCI-     technologies around AI/DL vendors
         products and difficult management    DSS for banks, HIPAA for health      are constantly building products
         tools for midsize IT departments to   organizations and institutions, ISO   to counter the threats posed on
         handle,” said Harish Chib.           27001, etc. and local standards      a daily basis and are finding ways
            The shortage of skills and mis-   such as National Electronic Security   and means to build faster attack
         match in skilled cyber security      Authority, Dubai Government          response mechanisms.”
         man power is another challenge.      Information Security Resolution etc.    Vendors are also looking up to
         Besides businesses lack advanced     It basically boils down to the lack   value added partners to increase
         cybersecurity skills like Pen Testing,   of realization of the importance of   customer awareness and resolve the
         forensics etc which has impacted     security which heightens the lack of   skill shortages by organizing (Data
         their functioning. “There is a marked  investment in security,” he said.   Security Programs DSP).
         inability to provide cybersecurity      However the good news is that
         professionals at the same speed at   vendors are working closely with the   Summing up
         which the vulnerabilities are arising.    Government and regulatory bodies   The sudden outbreak of COVID
         The problem is compounded by         to overcome these challenges and     19 has disrupted the activities of
         the fact that very few institutions   establish proper security practices   several sectors in UAE. This in turn is
         provide higher education in Cyber    and standards. Cited Chandrashekar,   believed to impact the cybersecurity
         Security,” said Krishnakant.                                              market in the following months.
            Though, as Krishnakant pointed                                         This is however a global scenario
         out that to address the demand                                            and there is no immediate solution
         supply mis-match a lot of global                                          to address such an unprecedented
         players have started the cyber                                            catastrophe, at least in the near
         security training programmes                                              future. But the fact that companies
         to train interns through their                                            are starting to invest in end point
         educational initiatives and absorb                                        and cyber security and most
         themselves or place them with                                             importantly the investments that
         partner organisations and churn out                                       the government is ready to make in
         skilled resources.                                                        enforcing a regulatory framework
            One of the other most observed                                         covering the cyber space can
         challenges in the UAE, as pointed                                         be seen as the right step in the
         out by Rohit Bhargava is the lack                                         right direction. This will set the
         of importance with regards to Data   Rohit BhaRgava,                      ball rolling for future endeavors
         Classification. “The Middle East     Practice Head - Cloud & Security,    concerning the cyber/data security
         in general lacks compliance with                                          market in UAE.
                                              Cloud Box Technologies
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      10             AUGUST 2020
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