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Netskope Predicts Future Middle East Cybersecurity Trends
Experts from Netskope contemplate what’s on the horizon for phishing, ransomware, and other security threats as we approach 2023.
Netskope, a global Secure Access Service Edge (SASE) leader, has just revealed the results of its annual investigation into the state of cybersecurity in the Middle East as 2022 comes to an end.
In a region that’s digitizing at a rapid rate, Netskope anticipates several new trends in cyber attacker behavior, as well as a rise in software supply chain attacks and various other cloud vulnerabilities.
“Similar to how we have done this in years past, we have sourced these predictions from across our team of internal experts; our global and regional CIOs, CISOs, CTOs, and the specialists in our Threat Labs. Some of these predictions touch on topics that you may have seen discussed this year, considering how they will evolve, while others feature technologies and dynamics that may be completely new on the radar of Middle Eastern organizations for 2023,” says Jonathan Mepsted, VP for Netskope, Middle East and Africa.
So, what kinds of cyber threats do we expect to see intensifying in 2023? For starters, ransomware and extortion-style scams will be more prolific than ever. In addition, confidential and highly sensitive data will become vulnerable to sophisticated encryption attacks from professional extortion groups such as LAPSUS$ and RansomHouse.
Also Read: How To Find The Best Remote Work Opportunities In The Middle East
As well as a rise in well-known online hacks and scams, Netskope believes that software supply chain attacks will also intensify — especially as we become more accepting of the concept of the “industrial metaverse”. Supply chain automation and optimization are on the rise, but bring a set of unique challenges for security experts.
This year, to be better prepared for emerging trends and threat models, Netskope’s NewEdge infrastructure added five new data centers in the Middle East region, supporting businesses across a wide range of sectors, including finance, telecom, and energy.
News
Microsoft Plans $10 Billion-Plus Gulf Expansion Despite Iran Conflict
Security is shaping Microsoft’s approach, from resilience work with governments to what it will say about how the money splits by country.
Microsoft is planning more than $10 billion of investment across the UAE, Saudi Arabia, Qatar and Kuwait through 2030, Vice Chair and President Brad Smith told Reuters, calling the spending schedule aggressive. The Iranian conflict that began on February 28 has not persuaded the company to scale back.
“We’re sustaining all the investments we planned to make before this conflict started, and we are in fact adding to them,” Smith said. The $10 billion-plus total does not, however, show how large those additions are.
The investment, which Smith described as part of Microsoft’s continued infrastructure expansion, is aimed at cloud and AI infrastructure and at the company’s growing regional operations. Microsoft also intends to put more than $400 million into subsea and terrestrial connectivity across the Middle East by 2030.
The spending fits the region’s own ambitions too. Gulf governments have been investing heavily in AI infrastructure as part of a push to diversify their economies beyond oil and gas and turn themselves into global technology hubs. Major cloud and AI providers have been drawn in part by the land and relatively low-cost energy on offer.
Microsoft is widening its partnerships with regional AI companies, though not on identical terms. In 2024, it invested $1.5 billion in Abu Dhabi-based G42 for a minority stake, and Smith currently sits on G42’s board. Saudi Arabia’s Humain and Qatar’s Qai are working with Microsoft on selected priority areas, but Smith said the company does not plan to make capital investments in either.
Also Read: Egypt’s Mobile Wallets Are Booming, But Cash Still Has Power
The conflict has added another strand to Microsoft’s work in the region. Since it began, Smith said, the company has supported regional partners with digital resilience assessments, and it is now working with Gulf countries through a digital resilience initiative focused on preparedness and the protection of critical data.
So far, the company has given no country-by-country breakdown of the investment, citing security among other factors. So while the headline figure is public, how Microsoft divides the spending among the four countries is not.
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