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98 percent of IT decision makers working in banks and financial service institutions (FSIs) in Saudi Arabia are under pressure to level up their security protocols, according to new research from Citrix. This comes as 79 percent see IT security risks in the industry increasing since the start of the COVID-19 pandemic. Government is most likely to be pressurising organisation to increase security, with 62 percent of IT pros reporting pressure from this group, followed by customers and employees (49% each), and shareholders (35%).

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, published its global study titled ‘Where, How and What Leaders Will Compete With in the New Decade: Findings from the TCS 2021 Global Leadership Study’, based on a survey of 1,200 CEOs and senior executives. The study reveals a sharp divide in the digital strategies of better performing companies (Leaders) versus the laggards (Followers), including unexpected insights such as: 80% of Leaders are more willing to collaborate with competitors compared to Followers (23%).

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