Week in Review: Middle East & Africa CISOs see higher budgets

More than three-quarters of CISOs across the Middle East, Turkey, and Africa are planning to boost their cybersecurity budgets by at least 10% in 2024, driving total regional investment past $6.5 billion. Driving this growth are escalating cybercrimes — including state-sponsored threats and destructive 'wiper' malware — tighter data regulations, and rising uncertainty around generative AI — especially in core markets like Saudi Arabia and the UAE, which are leading the regional surge.