UTILITIES MIDDLE EAST | Without intervention, the Middle East is fast heading towards disruption to energy production and distribution systems. To address this, the emphasis on long term sustainability, investments into the generation of solar and wind power are already visible in GCC countries including UAE, Saudi Arabia, and Oman.
Another area that has seen significant Investment is the introduction of smart grids across MENA, expected to reach $20B over the next seven years according to the Energy and Utilities Market Outlook Report 2020.
While grid system modernization is critical to manage the disruption taking place in energy production, distribution, and consumption, it is also opening up the front door of those control systems to malicious threat actors. Grid-based industrial cyberthreats present risks to safety, reliability and business continuity.
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