A vital sector
Cybersecurity for businesses, government, and other organisations is a necessity in Bahrain. As computer security companies work to protect assets and data from cybercriminals, confidence in the market grows, which in turn makes Bahrain more attractive to investors.
In 2015, 56% of Middle Eastern companies lost more than $500,000 compared to 33% globally. The need for more cybersecurity firms and cybersecurity investment in the region has never been more pressing.
According to the PwC Middle East Cybersecurity Survey, only 37% of firms in MENA have a comprehensive security and training awareness program in comparison to 53% globally. This makes Bahrain an ideal location for cyber security investment.