CEOs need to have a people-first mindset — investing in new technologies and human capability. They need to be purpose-led — winning trust of stakeholders and helping build a more prosperous and sustainable world,” says Al Fozan.

In addition to genuine SaAS software companies, threat actors move to Malware-as-Service (MaaS), specialists in several areas like business credential sales, first access to a target organisation, lateral mobility capacity and payload delivery.

With this being the first time that a Middle East company has been named among the biggest defence original equipment manufacturers (OEMs) and security exporters, EDGE’s presence is a notable ranking for the UAE.