| 28 Jul 2010 |
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Global It Security Spending Estimated To Rise To Us$ 60 Billion, As Cybercrime Continues To Grow
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Security now the top priority for consumers and businesses
As the online threat landscape continues to evolve and grow, global spending on IT security is estimated to rise to US$ 60 billion, according to market research company, RNCOS. The study also shows that IT security in the Middle East is projected to grow by 12% over the next three years, as governments and financial institutions adopt advanced security solutions.
During GITEX TECHNOLOGY WEEK 2010 at the Dubai International Convention and Exhibition CentreDubai International Convention and Exhibition Centre
from 17-21 October 2010, leading vendors will showcase a range of the latest security products including IT security appliances, services and software.
Trixee Loh, Senior Vice President, Dubai World Trade CentreDubai World Trade Centre, organiser of GITEX said: "Security is a key focus area at this year's GITEX TECHNOLOGY WEEK and will address the growing need for a safe and secure technology environment. The event attracts leading vendors such as Kaspersky, Trend Micro Middle East and Symantec who will showcase the most advanced IT security solutions to protect consumers and businesses in the region. The event also provides a strategic platform to discuss issues relating to security and keep businesses informed of the latest security technologies and trends."
According to a recent study by security firm, Symantec, online deception and data theft have hit businesses hard. An estimated $5 billion has been filtered from small business bank accounts and credit cards alone. Cyber criminals are increasingly using malware, phishing schemes, database attacks and sophisticated software to steal information and transfer funds and assets. Coupled with an increase in the number of online virus infections, there is an urgent need for businesses and corporate networks to have a stable and secure computing environment.
In June 2010, Kaspersky Labs reported that a total of 327,598,028 attempts were made to infect users' computers worldwide, 26.8% higher than the previous quarter. There is an exponential growth of online security threats as technology advances and online use increases. As online fraud and identity theft rises, industry experts advise that security should be top priority for businesses and individuals. Without it, companies are vulnerable to attacks and identity and data theft.
Tarek Kuzbari, Managing Director, Kaspersky Lab Middle EastKaspersky Lab Middle East said, "Everyone needs to be better educated about online threats and how to defend against them. This includes IT professionals defending today's networks and the software developers who work alongside them. This year, at GITEX TECHNOLOGY WEEK we will be showcasing a suite of advanced security solutions that will help protect customers and provide them with a more secure, private and reliable computing experience."
GITEX TECHNOLOGY WEEK, the region's largest and most established ICT trade event, will celebrate its 30th anniversary this year at the Dubai International Convention and Exhibition CentreDubai International Convention and Exhibition Centre
from 17-21 October 2010. To register or for more information please visit www.gitex.com
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About GITEX TECHNOLOGY WEEK
Website: www.gitex.com
Now in its 30th year, GITEX TECHNOLOGY WEEK 2010 delivers the ultimate platform for the international ICT industry to meet and conduct business. The event is a definitive gateway not just to the Middle East market but to the wider region. GITEX TECHNOLOGY WEEK hosts thousands of key suppliers and market innovators across four core disciplines:
GULFCOMMS: The largest international telecommunications trade event for mobile, fixed IP and satellite
Consumer Electronics: The MENASA region's premier international trade event for consumer electronics, entertainment, IT systems, components and peripherals
GITEX Global Conferences: The region's largest dedicated knowledge exchange forum. This key networking platform brings together the crème de la crème of industry experts and ICT professionals under one roof and will feature an unparalleled series of strategic keynotes, seminars and dynamic networking sessions. The event gives delegates a priceless opportunity to learn from, debate with and exchange views with some of the leading experts within the ICT industry. In 2010 the GITEX Global Conferences focuses on' include: Inspiring Innovation and Collaboration' and includes the following:
GITEX Global Leaders Summit
GITEX Cloud Confex
GITEX Global Leaders Summit
Dubai World Trade CentreDubai World Trade Centre is celebrating the 30th Anniversary of GITEX TECHNOLOGY WEEK event later this year from 17-21 October in Dubai, UAE. As part of this initiative, it is our privilege to announce the GITEX Global Leaders Summit - inspiring innovation and collaboration, taking place on the opening day, 17 October 2010.
GITEX Global Leaders Summit is an exclusive by invitation only opportunity to network with the region's top decision makers as some of the world's foremost thinkers divulge global insights into today's hottest topics and issues. It offers an exceptional opportunity for collaboration and knowledge sharing for senior executives involved in the evolving ICT sector in the MENA region. Announcements will follow soon about which top names will be speaking this year.
GITEX Majlis
This executive business programme for CEOs and other top level executive attendees is designed to ensure that they enjoy a fast-track experience at the show. Keeping their busy schedules in mind, members can enjoy easy pre-completed registration, advance issuance and delivery of the GITEX Majlis Badge and Executive Lounge facilities. These are just a few of the benefits offered to GITEX Majlis members. For more information, please visit www.gitex.com/majlis
NEW FOR 2010 - GITEX Mobile Apps World
Mobile Applications and content are in a fierce battle for market share, with mobile operators and manufacturers scrambling to open up their own apps stores. From carrier alliances to apps stores buyouts, the market is evolving rapidly as popular demand for apps to buy and download increases. The opportunities are immense, none more so than within the emerging telecoms market of the Middle East.
GITEX Mobile Apps World is a brand new proposition within the biggest and most influential ICT event for the Middle East & African region. Providing a high profile, dynamic framework for the mobile applications and entertainment market, this is the first event of its kind in the region. It's an unmissable opportunity to showcase your apps and related products/services to a commercially switched-on audience.
GITEX TECHNOLOGY WEEK Opening Hours
17 October 2010 1pm-7pm
18-20 October 2010 10am-7pm
21 October 2010 10am-5pm
TRADE VISITOR INFORMATION
Online rate* Onsite rate
5 day pass AED 100 AED 120
1 day pass AED 50 AED 60
Admission is for trade and industry professionals only. Consumer Electronics halls will be open to consumers on Tuesday 19 - Thursday 21 October for preview purposes only.
About Dubai World Trade CentreDubai World Trade Centre (DWTC)
Website: www.dwtc.com
As the organiser of GITEX TECHNOLOGY WEEK, Dubai World Trade CentreDubai World Trade Centre offers more than 31 years' experience of delivering world-class events in the Middle East, providing local, regional and international exhibitors with unmatched expertise and in-depth market knowledge.
Our team organises 18 of the largest and most successful international and regional shows in Middle East, providing an ideal platform for business development in the region. Our commitment to ongoing innovation within the exhibition industry has supported the rapid growth and development of a wide range of business-to-business and business-to-consumer shows, and delivered consistent satisfaction to exhibitors and visitors.
DWTC works the region's leading trade bodies and industry associations to ensure that all conferences deliver full value and are built upon the real needs of their specific sector.
For more information, please contact:
Ayesha Karumbaya
Asda'a Burson-Marsteller
Tel: (+9714) 3344550
E-mail: a.karumbaya@asdaa.com
© Press Release 2010
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