Page 37 - Seclore Report - OCTOBER 2023

Vishal Gupta, CEO of Seclore

“Organizations are growing increasingly aware of risks associated with
breaches of sensitive, cloud-based data. This has driven us to equip
organizations with tools that enable visibility across hybrid
environments and safeguard data as it travels across clouds,
databases, applications, services, and even outside the corporate

network. We at Seclore, are confident that we will be able to aid
businesses in closing this data security gap by safeguarding and
managing digital assets in a more streamlined manner.”

According to IBM’s Cost of a Data Breach Report 2023, the average
global cost of a data breach in 2023 was AED 16.3 million, an
increase of 15 per cent over the previous three years. Global
cyberattacks also increased by 38 per cent in 2022, while the Middle

East witnessed a 77 per cent increase in ransomware activities in the
first quarter of 2023, indicating the need for significant cybersecurity

https://techxmedia.com/seclore-empowers-mena-data-security-with-cutting-edge-solutions/