At least 16 countries in the MEA region, including Egypt, Saudi Arabia, and the United Arab Emirates, are being targeted by scammers who are harvesting user personal and payment data via a multistage scam that exploits at least 138 popular brands. Group-IB outlines the MEA countries and the various verticals which were targeted by the scams, alongside the impacts of the ongoing “scamdemic”.
Ransomware is on the rise again. A recent industry report found that ransomware attacks increased by 150% in the last year, while blockchain research firm Chainalysis saw a 311% increase, year on year, to the end of 2020 in the number of actual ransomware attacks. Ransomware is also a growing concern in the Middle East region, as attack frequency and sophistication rose significantly since last year.
UAE Sees 55% Growth in Finance App Installs as FinTechs Up Marketing Spend.
When COVID-19 arrived in early 2020, enterprises’ first priority was to patch together a communications and information-sharing infrastructure that could sustain operations until work could return to normal. More than a year later, returns are on hold, and enterprises are rethinking their visions of “normal.” They’re reimagining their workplaces and their business practices, embracing more flexible models that take advantage of the benefits of edge technologies.
As a marketer or brand owner in 2021, it’s not enough to protect your brands and trademarks in real life. You have to build a fort around your online assets too. Brand marketers are increasingly losing leads, brand affinity and customer loyalty to cybercriminals who impersonate their brands to scam their customers and prospects.
What Does the Future Hold for the Communication Service Providers Keeping the World Connected During COVID-19?
Agility + analytics x automation can equal exponential growth for today’s organisation.
According to a new study by consultancy PwC, augmented reality and virtual reality will together pump $4.1 billion (Dh15.05bn) into the UAE economy by 2030, boosting the country’s gross domestic product by 1 per cent.
A new threat actor SentinelLabs tracked as Agrius was observed operating in Israel starting in 2020. Initially engaged in espionage activity, Agrius deployed a set of destructive wiper attacks against Israeli targets, masquerading the activity as ransomware attacks. The attacks were carried out using DEADWOOD (aka Detbosit), a wiper with unconfirmed links to an Iranian threat group.
AI opens doors to resilience and agility, and futureproofs businesses against fluctuating market conditions.
Remote Work: Can IT up its Game in Digital Infrastructure?
How A10 Networks is Positioning the Channel for Growth, Finding Ways to Incentivise Partners.
41% of employees in the UAE have missed a call by pretending devices are updating.
Alain Penel, Regional Vice-President, Middle East & Pakistan at Fortinet, explains what it means to be a part of GISEC this year and how Fortinet’s cutting-edge solutions continue to provide maximum protection against cyberthreats and attacks.
