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Kingdom Fortified: KSA Cybersecurity Market Flourishes at 12.4% CAGR, Fueled by Digital Transformation and Growing Threats

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GURUGRAM, India, Feb. 27, 2024 /PRNewswire/ — The Kingdom of Saudi Arabia’s cybersecurity market is experiencing robust growth, driven by rapid digital transformation, increasing internet penetration, and the ever-evolving threat landscape. Ken Research’s comprehensive report, KSA Cybersecurity Market Outlook to 2028: Bolstering Digital Defenses in a Connected Kingdom, delves into this dynamic market, projecting a remarkable 12.4% CAGR over the next five years. This press release summarizes the key findings and offers valuable insights for cybersecurity solution providers, government agencies, and businesses seeking to navigate the evolving security landscape. 

Market Overview: 

Several key factors are propelling the KSA cybersecurity market towards a future of heightened vigilance and robust defenses: 

Digital Transformation: Vision 2030 and other government initiatives are driving the adoption of digital technologies across various sectors, creating a larger attack surface for cybercriminals. Rising Internet Penetration: Increasing internet and mobile phone usage are exposing individuals and businesses to online threats, necessitating robust cybersecurity solutions. Growing Cyber Threats: The Kingdom is witnessing a rise in sophisticated cyberattacks, including malware, ransomware, and phishing attempts, highlighting the need for advanced security measures. Government Focus: The Saudi Arabian government is prioritizing cybersecurity, establishing regulations and investing in national defense initiatives. 

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Segmentation Spotlight: 

Ken Research provides a detailed segmentation of the market, allowing you to tailor your solutions to specific needs: 

By Security Solution: Network security holds the largest share, followed by endpoint security, cloud security, and application security solutions. Emerging segments like identity and access management (IAM) are gaining traction. By Industry Vertical: Banking, financial services, and insurance (BFSI) is the leading sector, followed by government, healthcare, and critical infrastructure. By Deployment Model: The on premise deployment model remains prevalent, but cloud-based security solutions are witnessing significant growth due to their scalability and flexibility. By Service Type: Managed security services (MSS) are gaining traction as companies seek to outsource their security operations to specialized providers. 

Competitive Landscape: 

The KSA cybersecurity market features a mix of established international players and emerging local companies: 

Global Security Giants: Leading international cybersecurity vendors like Palo Alto Networks, Cisco, and Fortinet are present in the market, offering their advanced solutions. Local Players: Local companies like Saudi Arabian Information Security Company (SANS) and STC Solutions cater to the specific needs of the Kingdom and offer regional expertise. Specialized Service Providers: Niche players are emerging, offering specialized services such as security consulting, vulnerability assessments, and incident response services. 

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Recent Developments: 

Establishment of Cybersecurity Regulatory Framework: The National Cybersecurity Authority (NCA) is establishing a comprehensive cybersecurity framework to enhance national security posture. Focus on Public-Private Partnerships (PPPs): The government is encouraging collaboration between public and private entities to develop a robust cybersecurity ecosystem. Investment in Cybersecurity Awareness: Initiatives are underway to raise public awareness about cyber threats and promote safe online practices. 

Future Outlook: 

The KSA cybersecurity market is poised for exciting developments in the coming years: 

Adoption of Advanced Technologies: Emerging technologies like artificial intelligence (AI) and machine learning (ML) will be integrated into security solutions for enhanced threat detection and prevention. Focus on Data Security: With the growing importance of data privacy, compliance with regulations such as the Personal Data Protection Act (PDPA) will be crucial. Growing Demand for Managed Services: The demand for managed security services will continue to rise as companies seek to optimize their security operations and leverage expert support. Skill Development and Training: Addressing the cybersecurity workforce gap through skill development and training initiatives will be critical. 

Challenges to Address: 

Despite its promising future, the market faces some hurdles: 

Skilled Workforce Shortage: Attracting and retaining qualified cybersecurity professionals remains a challenge. Evolving Threat Landscape: Staying ahead of the ever-evolving threat landscape and adapting security strategies accordingly is crucial. Integration Challenges: Integrating diverse security solutions seamlessly and managing them effectively requires robust infrastructure and expertise. 

Why This Report Matters: 

This report empowers various stakeholders to navigate the KSA cybersecurity market: 

Cybersecurity solution providers: Gain insights into emerging trends, customer needs, and regulatory requirements to adjust their offerings and tailor solutions to the Kingdom’s specific needs. Government agencies: Develop effective cybersecurity policies, promote collaboration among stakeholders, and invest in building a robust national cybersecurity architecture. Businesses: Understand the evolving cybersecurity landscape, select appropriate security solutions, and implement best practices to protect their critical data and infrastructure, thereby building trust with their customers and partners.

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For More Insights On Market Intelligence, Refer To The Link Below: –

KSA Cybersecurity Market

Related Reports by Ken Research: –

Indonesia Cybersecurity Market Outlook to 2028 Driven by cybersecurity services, government policies and access to the newer avenues in the market

Indonesia Cybersecurity market set to grow at a 9.3% CAGR from 2023 to 2028. Growth driven by the rise of SMEs and institutions in Indonesia. Increased investment in Research and Development (R&D) for advanced cybersecurity solutions. Adoption of sustainable products gains prominence in response to environmental considerations. Entry of new domestic players stimulates competition and innovation.

US Security Testing Market Outlook to 2028 Segmented by Type of Security (Network and Application Security), Type of End-User Industry (Government, Financial and Healthcare) and region

The US Security Testing Market is growing every year with a successive change into their database and workflow, with an expected CAGR of ~18%, within the time period 2022 to 2028. Major changes in technologies have been seen throughout the security testing market, with more complex and stringent regulatory compliances leading to a much more secure mainframe, handling multiple scans on the software.

US Identity Verification Market Outlook to 2028 Segmented by Deployment type (On- Premise, On- Demand), End-User Industry (Financial services, Retails) and by Region

US Identity Verification market is expected to show increasing and is expected to grow at a CAGR of ~13% from 2022 to 2028 with Government initiatives for stricter and high-end algorithm development are expected to enhance the connectivity within the US. The rise in demand for identity verification solutions was projected to continuously grow as global digitalization and online transactions became more prevalent across all sorts of industries.

Global Smart Home Security Market Outlook to 2027 Segmented by Component, By Device Type, by Communication Module, By Geography

According to Ken Research estimates, the Global Smart Home Security Market is aided by the overall food service industry. Also, the Global Smart Home Security market is driven by rising number of burglaries, need for more secure and sound system by the home owners. Thus, along with the Global concern for house security, it is driving the demand for Global Smart Home Security market.

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Contact Us:-
Ken Research Private Limited
Ankur Gupta, Director Strategy and Growth
Ankur@kenresearch.com
+91-9015378249

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SOURCE Ken Research

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Share buybacks in Ericsson during the period August 31 – September 4, 2026

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STOCKHOLM, Sept. 7, 2026 /PRNewswire/ — During the period August 31 – September 4, 2026, Telefonaktiebolaget LM Ericsson (publ) (“Ericsson”) (LEI code 549300W9JLPW15XIFM52) repurchased own Class B shares (ISIN: SE0000108656) as follows:

Date

Aggregated daily volume
(number of shares)

Weighted average share
price per day (SEK)

Total daily transaction
value (SEK)

31/08/2026

750,000

96.6863

72,514,725.00

01/09/2026

750,000

96.7699

72,577,425.00

02/09/2026

600,000

96.4085

57,845,100.00

03/09/2026

250,000

97.0684

24,267,100.00

04/09/2026

500,000

97.4412

48,720,600.00

Total

2,850,000

96.8158

275,924,950.00

The share repurchases are a part of the share buyback program of up to SEK 15,000,000,000 which Ericsson announced on April 16, 2026, and which runs between April 23, 2026, and March 31, 2027, at the latest. The Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares, other than those used to fulfil Ericsson’s obligations under its share-related incentive programs, are cancelled.

The share buyback program is executed in accordance with the Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing MAR (the Safe Harbour Regulation).

All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A full breakdown of the transactions is attached to this announcement.

Following the repurchases above, Ericsson’s holding of treasury stock amounts to 105,668,676 Class B shares. There are in total 3,371,351,735 shares in Ericsson, 261,755,983 shares of Class A and 3,109,595,752 shares of Class B.

NOTES TO EDITORS:

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MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com  (+46 10 719 69 92)
investor.relations@ericsson.com  (+46 10 719 00 00)

Investors
Daniel Morris, Vice President, Head of Investor Relations
Phone: +44 7386 657217
E-mail: investor.relations@ericsson.com

Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail: lena.haggblom@ericsson.com

Media
Ralf Bagner, Head of Media Relations
Phone: +46761284789
E-mail: ralf.bagner@ericsson.com

ABOUT ERICSSON:
Ericsson’s high-performing, programmable networks provide connectivity for billions of people every day. For 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ericsson/r/share-buybacks-in-ericsson-during-the-period-august-31—september-4–2026,c4392384

The following files are available for download:

https://mb.cision.com/Main/15448/4392384/4253615.pdf 

Share buybacks in Ericsson during the period August 31-September 4 2026

https://mb.cision.com/Public/15448/4392384/ac465763b67252a7.xlsx 

Daily Ericsson Share Buyback Report

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Redefining the Safety Ceiling for Small EVs! AION UT Earns 2026 Euro NCAP Five-Star Rating

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BRUSSELS, Sept. 7, 2026 /PRNewswire/ — In the automotive world, Euro NCAP (European New Car Assessment Programme) is widely recognized as one of the most rigorous and prestigious crash testing standards globally. Recently, Euro NCAP officially released its latest 2026 safety evaluation results: GAC’s all-electric hatchback, the AION UT, achieved a prestigious Five-Star Safety Rating powered by its extraordinary hard-core strength.  

Compared to the assessment protocols of previous years, the new 2026 Euro NCAP standards have undergone a comprehensive overhaul with significantly heightened criteria.

As one of the first mass-produced Chinese brand models to pass the latest 2026 Euro NCAP test protocols and earn a five-star honor, the AION UT demonstrated comprehensive and balanced strength across all four key evaluation dimensions: safe driving, crash avoidance, crash protection, and post-crash safety. This impressive performance not only highlights the technical prowess of Chinese manufacturing to the world, but also redefines the safety ceiling for small pure-electric vehicles.

The key to AION UT’s exceptional performance in collision testing lies in its substantial engineering investment in structural architecture, which includes 71% High-Strength Steel Body, One-Piece Hot-stamped Dual-Ring Design, 180mm Extra-Wide Crash Box & High-Strength Bumper Beam, and Extreme Load-Bearing Capacity. In terms of occupant protection, the AION UT offers ultimate safety configurations that go far beyond its class, such as 2.1-Meter V-Side Air Curtains and Far-Side Airbag Protection. Beyond its physical steel architecture, the AION UT is further empowered by all-weather intelligent driving technology, featuring Full-Scenario Active Safety Algorithms, Precision Handling Chassis & Wide Tires, Ultra-Safe Magazine Battery Technology as well as CPD, DMS, and OMS Cabin Monitoring.

Earning the Euro NCAP Five-Star Safety Certification represents the ultimate endorsement from an authoritative international body for the AION UT’s uncompromised safety engineering. GAC remains dedicated to prioritizing user safety, safeguarding every journey with world-leading quality and all-around protection! 

For further information about GAC, please visit: https://www.gacgroup.com/en or follow us on social media.

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SOURCE GAC

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YPF Sociedad Anónima Announces Commencement of Tender Offers for up to U.S.$500,000,000 Maximum Purchase Price of Outstanding Securities of the Series Listed Below, subject to the Priorities Set Forth Herein

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BUENOS AIRES, Argentina, Sept. 7, 2026 /PRNewswire/ — YPF Sociedad Anónima (“YPF”) today announced that it has commenced cash tender offers (each a “Tender Offer” and, collectively, the “Tender Offers”) to purchase outstanding securities listed in the table below (the “Securities”) not to exceed U.S.$500,000,000 in the aggregate, excluding any Accrued Interest (the “Maximum Purchase Price”).  

Title of Security

CUSIP and ISIN Numbers

Principal Amount Outstanding

Acceptance Priority Level

Consideration(a)

6.950% Senior Notes due 2027

CUSIP:  984245 AQ3

          P989MJ BL4

ISIN:    US984245AQ34

          USP989MJBL47

U.S.$643,428,000

1

U.S.$1,017.50

2.500%/9.000% Step Up Amortizing Notes due 2029

CUSIP:  P989MJ BS9

          984245 AV2

ISIN:    USP989MJBS99

          US984245AV29

U.S.$640,999,934 (b)

2

U.S.$1,042.00

_______________

Per U.S.$1,000 principal amount.Outstanding principal amount as of the date of this press release corresponds to the application of the amortization factor of 0.85714 multiplied by the original principal amount of the 2029 Securities (as defined below) shown in the records of the DTC (as defined below). The original principal amount of the 2029 Securities before the application of the amortization factor is U.S.$747,833,257.

The Tender Offers are subject to the terms and conditions set forth in YPF’s Offer to Purchase dated the date hereof (the “Offer to Purchase”), including the concurrent or earlier consummation of a new notes offering that provides YPF with sufficient funds to meet the obligations of YPF in connection with the Tender Offer. The Tender Offers are also subject to the Acceptance Priority Procedures and proration as described in the Offer to Purchase. Under the Acceptance Priority Procedures, Securities will be accepted for purchase according to the Acceptance Priority Level set forth in the table above, beginning with the lowest numerical value first. When considering any potential allocation of new notes in the new notes offering, YPF intends, but is not obligated, to give some degree of preference to those investors who, prior to such allocation, have validly tendered, or have indicated to YPF or the Dealer Managers (as defined below) their firm intention to tender, Securities in the Tender Offers. The Offer to Purchase more fully sets forth the terms of the Tender Offers. The Tender Offers are scheduled to expire at 5:00 p.m., New York City time (6:00 p.m. Buenos Aires time), on Wednesday, September 16, 2026 unless extended or earlier terminated (such date and time, as it may be extended with respect to the Tender Offer, the “Expiration Date”). Holders of Securities (“Holders”) may participate in the Tender Offers by validly tendering and not validly withdrawing their Securities by the Expiration Date.

Securities validly tendered pursuant to the Tender Offers may be withdrawn at any time at or prior to 5:00 p.m., New York City time (6:00 p.m. Buenos Aires time), on Wednesday, September 16, 2026 (such date and time, as it may be extended with respect to the Tender Offers, the “Withdrawal Deadline”), but not thereafter. The Withdrawal Deadline for the Tender Offers is the same as the Expiration Date.

It is expected that the Settlement Date for the Tender Offer will be on or around Friday, September 18, 2026, the second business day after the Expiration Date, but which may change without notice (the “Settlement Date”).  Payment for the Securities that are validly tendered and accepted for purchase pursuant to the Tender Offers will be made on the Settlement Date.  YPF will not be responsible for any delays in the transmission of funds to Holders attributable to the clearing systems and under no circumstances will any interest be payable because of any such delay.

Subject to the terms and conditions described in the Offer to Purchase, Holders who validly tender their Securities at or prior to the Expiration Date will receive the applicable Consideration specified in the table above payable for such tendered Securities that are accepted for purchase by YPF. In addition, YPF will pay accrued and unpaid interest on the Securities up to, but not including, the Settlement Date (“Accrued Interest”). Payment of the Consideration and Accrued Interest will be made on the Settlement Date.

YPF reserves the absolute right to amend, extend, terminate or withdraw any or all of the Tender Offers in its sole discretion, subject to disclosure and as otherwise required by applicable law. Any (i) increase or decrease in the percentage of Securities sought in a Tender Offer, other than the acceptance for purchase of an additional amount of Securities not to exceed two percent of the applicable series of Securities, or (ii) change in the Consideration offered, will be communicated by public announcement that is widely disseminated no later than 9:00 a.m., New York City time (10:00 a.m. Buenos Aires time), on the third business day before the Expiration Date.  Any other material change in the terms of a Tender Offer will be communicated by public announcement that is widely disseminated no later than 9:00 a.m., New York City time (10:00 a.m. Buenos Aires time), on the second business day before the Expiration Date. In the event of termination or withdrawal of a Tender Offer, Securities tendered and not accepted for purchase pursuant to such Tender Offer will be promptly returned to the tendering holders.

The complete terms and conditions of the Tender Offers are described in the Offer to Purchase, copies of which may be obtained from Sodali & Co, the information and tender agent for the Tender Offers (the “Information and Tender Agent”), at the Tender Offer Website: https://projects.sodali.com/YPF, by email at YPF@investor.sodali.com, by telephone in Stamford at +1 203 658 9457, or in writing at 333 Ludlow Street, South Tower, 5th Floor, Stamford, CT 06902, United States.

YPF has engaged BBVA Securities Inc., Itau BBA USA Securities, Inc., J.P. Morgan Securities LLC and Santander US Capital Markets LLC to act as the dealer managers (the “Dealer Managers”) and Banco Santander Argentina S.A., Banco de Galicia y Buenos Aires S.A., Balanz Capital Valores S.A.U., Cucchiara y Cía. S.A., Banco CMF S.A., Macro Securities S.A.U. and Latin Securities S.A.U. as local dealer managers (the “Local Dealer Managers”) in connection with the Tender Offers. Questions regarding the terms of the Tender Offers may be directed to BBVA Securities Inc. by telephone at +1 (800) 422-8692 (U.S. toll free) or +1 (212) 728-2446 (collect), Itau BBA USA Securities, Inc. by telephone at +1 (888) 770-4828 (U.S. toll free) or +1 (212) 710-6749 (collect), J.P. Morgan Securities LLC by telephone at +1 (866) 846-2874 (U.S. toll free) or +1 (212) 834-7279 (collect) and Santander US Capital Markets LLC by telephone at +1 (855) 404-3636 (U.S. toll free) or +1 (212) 940-1442 (collect).

None of YPF, the Dealer Managers, the Local Dealer Managers, the Information and Tender Agent or the trustee for the Securities, or any of their respective affiliates, is making any recommendation as to whether Holders should or should not tender any Securities in response to the Tender Offers or expressing any opinion as to whether the terms of the Tender Offers are fair to any holder. Holders must make their own decision as to whether to tender any of their Securities and, if so, the principal amount of Securities to tender. Please refer to the Offer to Purchase for a description of the offer terms, conditions, disclaimers and other information applicable to the Tender Offers.

This press release is for informational purposes only and does not constitute an offer to purchase or the solicitation of an offer to sell the Securities. The Tender Offers are being made solely by means of the Offer to Purchase. The Tender Offers are not being made to holders of Securities in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In those jurisdictions where the securities, blue sky or other laws require any tender offer to be made by a licensed broker or dealer, the Tender Offers will be deemed to be made on behalf of YPF by the Dealer Managers or one or more registered brokers or dealers licensed under the laws of such jurisdiction.

Disclaimer

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the United States Securities Exchange Act of 1934, as amended, including those related to the tender for Securities and whether or not YPF will consummate the Tender Offers. Forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and, accordingly, such results may differ from those expressed in any forward-looking statements. These risks and uncertainties include, but are not limited to, general economic, political and business conditions in Argentina and South America, existing and future governmental regulations, fluctuations in the price of petroleum and petroleum products, supply and demand levels, currency fluctuations, exploration, drilling and production results, changes in reserves estimates, success in partnering with third parties, loss of market share, industry competition, environmental risks, physical risks, the risks of doing business in developing countries, legislative, tax, legal and regulatory developments, economic and financial market conditions in various countries and regions, political risks, wars and acts of terrorism, natural disasters, project delays or advancements and lack of approvals. Additional information concerning potential factors that could affect YPF’s financial results is included in the filings made by YPF and its affiliates before the Comisión Nacional de Valores in Argentina and with the U.S. Securities and Exchange Commission, in particular, in YPF’s Annual Report on Form 20-F for the fiscal year ended December 31, 2025 and its current reports filed with the U.S. Securities and Exchange Commission. In light of the foregoing, the forward-looking statements included in this document may not occur. Except as required by law, YPF does not undertake to publicly update or revise these forward-looking statements even if experience or future changes make it clear that the projected performance, conditions or events expressed or implied therein will not be realized.

Sodali & Co – ypf@investor.sodali.com 

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SOURCE YPF Sociedad Anónima

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