Cybercrime is projected to cost a whopping $8 trillion to the businesses globally in the next five years, according to Dr. Karim Sabbagh, Chief Executive Officer of DarkMatter Group.
“Cybercrime could have dire effects”: World Economic Forum president
The president of the World Economic Forum has said that the Fourth Industrial Revolution and the increased risk of cybercrime …
UAE cracks down on cybercrime with tougher penalties
Cybercriminals in the UAE could face up to AED 4 million in penalties and up to 25 years jail term …
Egypt’s parliament approves cybercrime bill
A plenary session of the Egyptian parliament, chaired by Speaker Ali Abdel Aal, has reportedly approved the cybercrimes law.
Dubai residents can now report cybercrimes in just seven easy steps
The Dubai Police in cooperation with the Telecommunication Regulatory Authority TRA and Dubai Electronic Security Center has launched a new platform to enable the public help the authorities fight cybercrime.
Egypt cracks down on cybercrime
The new lab, the first of its kind in the MENA region, is mainly designed to resolve business software and internet-based piracy cases.
US takes down global cybercrime network
The US Justice Department announced one of its largest-ever takedowns of a global cybercrime ring.
Munich Airport sets up centre to fight cybercrime
Munich Airport has launched its Information Security Hub (ISH) – a competency centre where IT specialists with the airport operating …
UAE citizens lose AED 3.86 billion from cybercrime
Hackers stole AED 3.86 billion from 3.72 million consumers in the UAE last year, according to the 2017 Norton Cyber …
How threat intelligence can help businesses turn the tide on cybercrime
In the recent past, we have seen an alarming trend – attackers becoming faster innovators than the defenders. With increasing complexities around cybersecurity, the need for threat intelligence is becoming more apparent.
Cisco, IBM join forces to take on cybercrime
Cisco and IBM Security have announced a new collaboration to work together across products, services and threat intelligence to address the growing global threat of cybercrime.
Cybercrime costs to rise $6 trillion by 2021, says experts
Cyber-attacks are inevitable and companies have no option but to prepare themselves to respond to the attacks appropriately, an international cybersecurity expert has said.
Endpoint security: Corporate cybercrime’s best defence
Biju Bhaskaran, Presales Manager, Alpha Data, encourages regional enterprises to deploy advanced protection at the endpoint level to stay ahead …
Best practices in dealing with cybercrime
What are the top cybercrime activities businesses need to watch out for, and what can be done to combat them?
More than 2.5 million UAE consumers affected by cybercrime in 2016
Norton by Symantec has released the findings from its annual Norton Cyber Security Insights Report, revealing 2.53 million consumers in the UAE have been victims of online crime in the past year as hackers take advantage of consumer complacency.
BT, KPMG: Industrialisation of cybercrime disrupts digital enterprises
According to a new research from BT and KPMG, the vast majority of companies feel constrained by regulation, available resources and a dependence on third parties when responding to attacks.
BT, KPMG report outlines lack of cybercrime prevention
A new BT and KPMG report has revealed that the vast majority of companies feel constrained by regulation, available resources and a dependence on third parties when responding to cyber-attacks.
Cybercrime infrastructure being ramped up ahead of Rio
Over the past few months, cybercriminals have set up thousands of malicious domains and servers in Brazil in anticipation of the 2016 Olympics in Rio.
Symantec reveals big shift in UAE cybercrime
According to Symantec’s Internet Security Threat Report (ISTR), Volume 21, cybercriminals are now adopting corporate best practices and establishing professional businesses in order to increase the efficiency of their attacks against enterprises and consumers.
UAE companies remain a target of cybercrimes
Cybercrime is on the rise across the globe and will continue to grow at its pace as more citizens and companies utilise internet for their day-to-day business. Companies in the UAE especially are soft targets amongst the cyber criminals due to lack of awareness towards cyber security.