Cybersecurity threats are a significant challenge that global countries must take seriously. The Middle Eastern region and the Sultanate of Oman are no exception to these threats. These countries are taking steps to mitigate the damage and develop capabilities to counter future unknown threats, writes Vir Vijay Singh, who is a veteran with more than 23 years of IT and cybersecurity industry experience. He has been pro-actively helping organizations to prepare for doing safe digital business and be a part of safe digital economy
It is interesting and important to understand how countries around the world are preparing to counter cybersecurity threats to keep safe digital businesses and digital economy.
It vis known fact that countries around the world are facing a rising number of cybersecurity threats. Many are caught unaware, unprepared to mitigate the damage.
As the world becomes increasingly digitized, cybercriminals are constantly devising new ways to steal sensitive information and cause chaos. The economic and business losses associated with these threats are staggering. Recent statistics show that cybercrime is estimated to cost the global economy $10.5 trillion annually by 2025.
Lack of international cybersecurity regulations and law is a significant challenge that hinders the efforts of countries to tackle cyber threats. Cybercriminals take advantage of the differences in laws between countries, making it challenging to track and prosecute them. This lack of uniformity also makes it difficult to share information on emerging cyber threats, putting countries at greater risk. In response, global countries are collaborating and engaging with each other to develop international standards and regulations.
Recent statistics show that cybercrime is estimated to cost the global economy $10.5 trillion annually by 2025. How countries around the world are preparing to counter these threats
Like rest of the world, the Middle Eastern region is vulnerable to cybersecurity threats due to its reliance on technology and rapid digitalization. Recent statistics show that cyberattacks have been increasing rapidly in the Middle East.
It was studied and found that human error is the main cause of 24% of all data breaches followed by mitigation technology gap and lack of process as how to tackle the threats on place.
Middle East regional countries are taking forward steps to counter these threats by developing capabilities in cutting-edge mitigation technologies, creating awareness among the people to deal with threats, and setting up regulations and cybersecurity laws.
Sultanate of Oman has taken forward steps to build organizations like the Oman Computer Emergency Response Team (OCERT), Advance Cybersecurity Academy (ACA), and the Ministry of Transport, Communications and Information Technology (MTCIT) to collaborate and deal with upcoming unknown cybersecurity threats.
The Sultanate of Oman is one of the countries that have been facing cybersecurity threats in recent years. The country has taken the issue seriously and is developing ways to fine-tune national capabilities in the field of electronic security.
The Sultanate of Oman has made significant strides in creating awareness about cybersecurity, building capacity, and developing a comprehensive cybersecurity strategy. The country has been working on strengthening its cybersecurity laws and regulations to make them more stringent and in line with global standards.
Moreover, the Sultanate of Oman is preparing for the future by engaging with all authorities concerned in a manner that realizes the goals of Oman Vision 2040.
As part of this effort, the country is investing in cybersecurity capabilities and developing partnerships with organizations globally.
Oman has also set up the National Cybersecurity Center (NCSC) to provide cyber protection for government networks and systems, critical infrastructure, and private entities. The Sultanate of Oman has launched various initiatives to enhance cybersecurity capabilities such as ‘Digital Oman Strategy’ and ‘Secure Oman Strategy’. These initiatives focus on building Oman’s digital infrastructure, strengthening cybersecurity, and protecting the country against future cybersecurity threats.
Moving forward, the Sultanate of Oman has been keeping pace with developments and continue implementing national strategies for cybersecurity. The country has been making way for engagement with all stakeholders, including the private sector, to ensure that everyone is on board with cybersecurity best practices. The Sultanate of Oman will continue investing in cybersecurity technologies and building the capacity of its workforce and continue to develop and implementing cybersecurity policies and strategies that are aligned with international best practices.
In conclusion, cybersecurity threats are a significant challenge that global countries must take seriously. The Middle Eastern region and the Sultanate of Oman are no exception to these threats. These countries are taking steps to mitigate the damage and develop capabilities to counter future unknown threats. Sultanate of Oman, in particular, has been proactive in developing its cybersecurity capabilities, and has taken significant steps towards securing the country’s digital future. It is essential that global countries continue to invest in cybersecurity to mitigate the damage caused by cyber threats and prepare for the safe digital future.
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