Companies and Governments Are Investing in Cybersecurity the Wrong Way: Global Cybersecurity Expert, Anas Chbib


On the heels of the Colonial Pipeline breach and global concern about Russian hackers, world governments and companies are spending more resources than ever on cybersecurity. A new report by industry analysts, Gartner, predicts worldwide IT security spending to exceed $150 billion by the end of 2021 — a 6.4% increase from 2020. Cybersecurity has become an inseparable part of corporate and government infrastructures as companies and organizations grapple with the challenge of protecting their assets from cyberattacks. We recently sat down with Anas Chbib, Founder and Group CEO at AGT, a cybersecurity firm that specializes in ‘360-degree’ cybersecurity solutions for businesses, government agencies, and private organizations. Q: Cybersecurity threats over the last few years have skyrocketed, along with their success rate. Yahoo Finance, for example, reported in February that 78% of senior IT and IT security leaders believe their organizations lack sufficient protection against cyberattacks despite the increase in....

September 30, 2021
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