5th Edition Gulf Congress on Cybersecurity

Cybercrime already cost the world $6 Trillion in 2020

Saudi Arabia is attacked much more often than other countries in the region due to its international position and its resources. Such intensification of threats causes difficulties in the functioning of both the public and private sector. Cyber attacks of different scale and intensity can considerably damage the economy and negatively affect the social and political stability of the country. What is more, cybercrime is also one of the main causes of huge money financial prestige loss.

• Saudi Arabia has the largest information and communication technology (ICT) market in the Middle East and the country is constantly developing it.

• In 2020, Saudi Arabia recorded over 22,5 million cyber attacks, each of which cost 6,5 million dollars to the state.

• In March 2021, the Ministry of Education of Saudi Arabia and the National Cybersecurity Authority signed an agreement on launching joint training…