Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives
that question the status quo and spark change.
BCG delivers solutions through leading-edge management consulting, technology and design,
and corporate and digital ventures. We work in a uniquely collaborative model across the firm and
throughout all levels of the client organization, fueled by the goal of helping our clients thrive
and enabling them to make the world a better place.
© Boston Consulting Group 2022. All rights reserved.
For information or permission to reprint, please contact BCG at permissions@bcg.com
Saudi Telecommunication Company (stc) is the Saudi digital enabler of telecommunications
services in the Kingdom of Saudi Arabia. stc are a pioneer digital champion, always been focused
on innovation and evolution, thinking about the future to make it, to stay ahead as a truly
meaningful and purposeful organization. stc offer variety of ICT solutions and digital services in
several categories including telecommunication, IT, financial technology, digital media,
cybersecurity, and other advanced digital solutions, with that stc are leading the digital
transformation nationally and regionally.
Cyberattacks and breaches are not going anywhere.
The frequency and cost of cyberattacks is accelerating. Globally, the cost of cybercrime is estimated to have risen from $445B in 2015 to over $2.2 trillion today1. The frequency and size of data breaches are
growing exponentially across all industries (Exhibit 1). In 2021, leading organizations across almost every sector reported major attacks, including tech companies, automotive2 and government entities3.
