Dubai PR Network, Online Press Release from Dubai and Middle East
 
Technology, Computers & IT(Technology)
Filter PR by
  
Cybersecurity is paramount in GCC's digital transformation
 
Cybersecurity is paramount in GCC's digital transformation

Trend Micro report finds UAE and Kuwait among those most vulnerable in the Gulf 

Dubai, UAE, June 24, 2018:  Majority of the Middle Eastern countries, especially those in the GCC, are hot target for cyberattacks.  According to a newly-released report by Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, ransomware remains a widespread threat in the UAE with the country accounting for 2.4 million  of the 1.7 billion ransomware attacks detected globally in Q1 of 2018.   The same trend was seen in Kuwait where 1.9 million of the worldwide threats were detected, while Bahrain and Oman accounted for 1.2 million and 534,806 respectively of the total ransomware in the same period.

Gulf countries have been leading the charge in the region’s massive modernization plans, which primarily aim to accelerate economic diversification and achieve sustainable growth.  The rapid pace of digitization among the GCC naturally brings with it growing exposure to risks and vulnerabilities of cyberattacks, and Trend Micro cautions that data breaches and cybercrimes have the potential to derail the progress of these modernization initiatives.

“As GCC economies shift to digital, securing the cyberspace becomes all the more paramount as there is an increasing risk of calculated and premeditated cyberattacks.  What we are witnessing now in the Gulf is a long-term transformation and stakeholders ought to regard security as a key infrastructure necessary for a smart city to thrive.  Device penetration, interconnectivity, massive data – all of these have started to proliferate and more so in the near future. 

Governments and businesses should continue to strengthen their cybersecurity capabilities in order to truly evolve and realize the desired outcomes of these initiatives,” commented Cherif Djerboua, Regional Tech Leader, Trend Micro AMEA.

The security vendor reported a spike in the number of malwares detected in the first quarter of the year. UAE had a total of 1.6 million malwares, while Kuwait had 465,058 infected files.  Bahrain, meanwhile, had 202,241 malwares, with Oman coming in close with 161,055 malware threats.

An uptrend in online banking malware was reflected in the Trend Micro report with UAE getting 433; Kuwait, 90; Bahrain, 56; and Oman 46.  Macro malware figures during the same period are:  UAE – 263, Kuwait – 46, Bahrain – 45, and Oman – 7.

A worrying concern for Trend Micro is the increasing number of malicious URL victims.  UAE registered close to a million with 988,264 URL victims; Kuwait had 224,916; while Bahrain and Oman have 26,860 and 83,388 detections respectively.  

For malicious URLs detected in the GCC, Trend Micro got 5,314 in the UAE and 214 in Kuwait.  In Bahrain, the company detected 523 and for Oman, 37.

'It is encouraging to see that both government entities and corporations are recognizing the need to step up their cybersecurity game.  Still we have to be on guard at all times and be prepared to handle major attacks as cybercrimes are also evolving.  Trend Micro is committed to raise awareness and share best practices in order to beef up the industry’s cybersecurity capabilities,” Djerboua said.


Posted by : Dubai PR Network Editorial Team
Viewed 5582 times
PR Category : Technology
Posted on : Sunday, June 24, 2018  12:30:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : The World Cup is here, stay ahead of potential cyber threats
Next Story : ESET Threat Intelligence data improves detection
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
D1 Milano Launches Exlcusive Limited Edition Collection –The Khaleeji [69247-Views]
Beware of Cheap Beauty Deals: They May End Up Being More Costly [65679-Views]
Get Ready for The Festive Season with The Body Shop's Enchanted by Nature Gift Collection [63428-Views]
Tissot Lady Heart Flower Powermatic 80 [63336-Views]
Sukin's Top Holiday Picks for a Supple-Skin Winter Season [62897-Views]
Switch your hair colour safely for the new season with Rahua's Color Full range [62244-Views]
Everyday care for your baby's hair with Fifi & Friends! [60640-Views]
Bringing you warmth and shine this festive season [59597-Views]
Season's Greetings 2018 [48702-Views]
Twelve Holiday Gifts for the Beauty-Obsessed Woman [47055-Views]
The Smile Bar Opens Its First Store in the UAE [44591-Views]
Purely Pandora Classics With a Twist [22485-Views]
New 1948 Seamaster Watches Join the Ranks [18703-Views]
Add a festive sparkle to your eyes with Palladio Beauty [18086-Views]
Festive Gifting Guide [17928-Views]
The Geo-Graham Orrery Tourbillon presents a galaxy you can reach out and wear Geo-Graham O... [17550-Views]
Tryano Launches Elemis [16952-Views]
Amp up your skincare routine with The Organic Pharmacy's new corrective serums [16019-Views]
Chloé Eyewear's Feminine Appeal Seen Through the Lens of the New “Rosie” Style [14670-Views]
Hour Choice presents Coach Park Collection [13286-Views]
Parmigiani Fleurier, new Friends of the Brand – ice-hockey superstar, Evgeniy Malkin and T... [13091-Views]
Certina DS PH200M collection [12536-Views]
Joyalukkas brings joy to hundreds around the world with gold bar giveaway this festive sea... [11828-Views]
LACOSTE presents its new Legacy collection [9351-Views]
Tissot T-Race Marc Marquez [9248-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories