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Cybersecurity

MERGER & ACQUISITION

Entrust acquires Paris-based card issuance firm Antelop Solutions

With this acquisition, Entrust can help banks and financial institutions worldwide create seamless payment experiences for their customers

Faces to watch: Cybersecurity leaders in MEA

We profile key corporate executives across the regional cybersecurity space

Sunil Paul, Finesse

Here’s why MSSPs are the need of the hour in today’s cybersecurity environment

Partnering with MSSPs can enable them with the right capabilities, talents, and tools in the continuous battle against cyber threat actors

Werno Gevers, Mimecast

How this AI solution from Mimecast protects against phishing attacks

Hackers’ techniques are constantly evolving to evade traditional protections, making it difficult for IT security teams to combat cyberattacks without artificial intelligence

GB Tech Awards 2021: Honouring excellence across the tech space

Gulf Business is expanding its technology division – with the upcoming GB Tech awards set to celebrate the success and achievements of businesses and individuals driving the regional tech Industry forward

Cybersecurity

UAE organisations report increased cyberattacks during the pandemic: research

The data also shows that there is a lack of understanding about the definition of phishing

The role of auditors in fighting fraud

In the Middle East, issues relating to fraud and corruption are of concern because of the lack of anti-fraud legislation in place

Over 90% of IT teams feel pressure to compromise security: Report

Securing the growing hybrid workplace presents exponential threat landscape

Kaspersky announces smart home security to protect connected devices at home

The new product combines several critical aspects of cybersecurity, including protection against malware, hidden surveillance, internet control, and more

UAE financial organisations under pressure to increase security – survey

Banks and FSIs come under pressure from government, shareholders, employees and customers as security risks increase during the pandemic

Cisco has collaborated with the Saudi Federation for Cyber Security, Programming and Drones (SAFCSP), to develop the digital skills of 8,000 trainers in the fields of cybersecurity and programming via the Cisco Networking Academy (NetAcad). The Cisco NetAcad programme in Saudi Arabia has one of the highest female student participation rates in the world, at 32 per cent, a figure Cisco wants to keep expanding. Of the 8,000 participants being trained via Cisco and SAFCSP’s new initiative, through a combination of online and on-site courses, the duo will be training and upskilling more than 1,000 women. As part of the skills building agenda, Cisco will develop the competencies of SAFCSP’s trainers, looking to gain further expertise in digitisation and cybersecurity essentials, including Cisco DevNet and Python qualifications. The collaborative partnership will see Cisco and SAFCSP leverage their upskilling initiatives to enhance the digital capabilities of Tuwaiq Academy, Saudi Arabia's first advanced technology academy, and CyberHub, a platform for Saudi-based students interested in gaining cybersecurity skills, following a memorandum of understanding (MoU) signed in 2018 to develop cybersecurity and programming skills. SAFCSP established Tuwaiq Academy and CyberHub under the auspices of the Saudi Olympic Committee, which strives to build local professional capabilities in digital transformation – specifically in the fields of cybersecurity and programming. The programme is built on the pillars of inspiration, empowerment, and long-term sustainability, with the objective of having one programmer for every 100 Saudis by 2030. Commenting on the partnership, Salman Abdulghani Faqeeh, managing director, Saudi Arabia at Cisco said, “With a tech-savvy population and the national agenda putting investments in infrastructure and talent development at the forefront, Saudi Arabia is ensuring that digital transformation and upskilling remains a vital contributor towards the growth and success of several industries.”

Cisco partners with the Saudi cybersecurity institution to enhance digital skills in the kingdom

Cisco’s networking academy will now upskill 8,000 SAFCSP trainers, accelerating Saudi Arabia’s digitisation agenda

Cybersecurity

Global IT executives fear trickle-down of nation state cyberattacks

Evidence has emerged that techniques deployed in the SolarWinds supply chain attack have already been adopted by ransomware gangs – a trend likely to continue

cybersecurity

Trend Micro survey forewarns MENA enterprises of customer record breach in 2022

The report represents an elevated risk of attacks for organisations in the next year

Cybersecurity

Rethinking security with Identity Detection & Response (IDR)

IDR features the ability to detect credential theft and privilege misuse and attacks on active directory and risky entitlements that create attack paths

Saudi Arabia’s Sirar by STC blocks 14m catfishing emails during 2020

The kingdom ranks 37th among the countries most targeted by cyber-attacks

Phishing

Phishing attacks cost US businesses $14.8m annually: Ponemon Institute

Business email compromise and ransomware attacks prove most costly phishing threats to large businesses

How protected is your business from cyber attacks

The increase in global data protection laws and the awareness of individual data protection rights are giving rise to new business challenges

cyber attacks

Web application exploits – ‘biggest cybersecurity risk’: Report

The report also finds that 57% of all known losses for the largest web app incidents over the last five years were attributed to state-affiliated threat actors

Cybercriminals narrow their focus on SMBs: Acronis Report

Despite the perception they are too small to target, SMBs are increasingly vulnerable due to supply-chain attacks and greater use of automation by ransomware groups

Human factor report reveals how 2020 transformed today’s threat landscape

More than 48 million observed messages containing malware capable of downloading ransomware foreshadowed the risk of recent cyber attacks

Weaponised operational tech to harm or kill humans: Gartner

Organisations can reduce risk by implementing a security control framework

Help AG

Help AG launches managed Advanced Web Application Firewall service

The service provides security teams with round-the-clock proactive defense no matter where the end user is located

Sophos

Sophos acquires Braintrace to strengthen its adaptive cybersecurity ecosystem

Third Party event data from firewalls, proxies, VPNs, and other sources will be collected and forwarded using Braintrace’s technology

Saudi Aramco

Saudi Aramco confirms data leak after reported cyber ransom

The state-owned driller was reportedly offered the chance to have the data deleted for $50m in cryptocurrency

Business continuity: How to set benchmarks amid rising cyber threats

The management of business continuity takes into account all of the resources that are necessary for the essential activities of the business

The role of data analytics in industry 4.0

Efficiency and increased profits are not the only advantages of adopting an Industry 4.0 model

Dubai tech startup Zeta raises $250m to accelerate growth

The investment values Zeta at $1.45bn

Why closing the digital divide is key to long-term prosperity

Upskilling and empowering workers today can make up for the talent pipeline bottleneck

Joint efforts needed to tackle global cyber threats

Cyber defence leaders gather in Dubai for Cybertech Global conference

Kaspersky: Over half of ransomware victims paid off attackers in 2020

Study says only 17% of the victims got all their data back