New research from SearchInform reveals that nearly 70% of organizations in the MENA are outsourcing or planning to outsource their information security functions. The survey highlights the growing trend of Managed Security Services in the region, driven by increased cyber threats and the need for specialized security solutions.
MENA Newswire: Dubai — SearchInform, the leading information security and risk management solutions vendor, has conducted an extensive survey among organizations in the Middle East and North Africa (MENA) region to assess their approach to information security. The results show a significant shift towards outsourcing security functions, with nearly 70% of organizations either already using Managed Security Services (MSS) or planning to do so in the near future.
This survey involved business executives, information technology and security (IT, IS) professionals, and Chief Information Security Officers (CISOs) from both public and private sectors. The research aimed to evaluate the current state of corporate protection and identify priorities in ensuring information security amid the region’s unique challenges. Notably, 80% of respondents reported an increase in their information security budgets over the past year, reflecting a growing recognition of the need for robust security measures. Only 22% respondents reported budgets haven’t changed, no one reported decrease of budgets.
Gaps in deployment of more sophisticated security
SearchInform’s findings indicate that while many organizations have implemented basic cybersecurity measures such as Antivirus, Next-Generation Firewalls (NGFW), and Intrusion Detection System (IDS), Intrusion Prevention System (IPS) and Endpoint Protection System (EPS); there is still a significant gap in the deployment of more advanced systems like Data Loss Prevention (DLP) and Security Information and Event Management (SIEM). These tools are critical for real-time monitoring and internal threat protection, yet only 29% of companies have implemented DLP, and a mere 5% have adopted SIEM systems.
Lev Matveev, Chairman of the Board of Directors at SearchInform, commented on the survey results, stating, “The increasing reliance on MSS highlights the ongoing shift in how organizations are approaching their cybersecurity needs. Outsourcing provides access to specialized expertise and technology, which is particularly vital in regions facing a shortage of skilled information security professionals.”
Internal threats on the rise
The research also revealed that internal threats are coming to the fore. More than half of respondents admitted experiencing one or more information security incidents, caused by insider actions.
“To effectively combat internal threats, increasing the cybersecurity literacy of employees will reduce the risk of undesirable incidents. The second measure is the implementation of protective solutions that help prevent both accidental and deliberate incidents, such as data leaks, corporate fraud cases, theft, kickbacks and bribery, illicit access to confidential data, etc. In this regard, the integration of DLP and DCAP systems is necessary. DCAP-class systems that perform corporate file system analysis, classify data stored in the organization, handle the task of distributing access rights, prevent the risk of data leakage and misuse at the initial stage. These are important components of the protective system, and the concept of DCAP systems is highly recommended by Gartner experts,” Matveev commented.
As the demand for MSS continues to grow, SearchInform’s local subsidiary in the UAE has seen strong interest from both businesses and governmental organizations, underscoring the importance of managed services in addressing the region’s complex security challenges. The global MSS market size is expected to grow from USD 30.6 billion in 2023 to USD 52.9 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 11.5%.
About SearchInform
SearchInform is a prominent vendor of information security and risk management solutions, serving over 4,000 companies across more than 20 countries. It provides comprehensive protection against internal threats with a suite of advanced products and services tailored to meet the security needs of organizations worldwide.
Contact:
Artyom Volodin
CEO SearchInform
a.volodin@searchinform.com