11th Annual e-Crime & Cybersecurity Congress in Abu Dhabi
September 17th, 2019, Abu Dhabi, UAE
Time for a new approach?
There has been no let-up in the intensity of cyber threats in the Middle East, Turkey and Africa. According to the latest research from Kaspersky Lab, the number of malware attacks in the region in Q1 2019 has increased by 108% over the same period last year.
Ransomware attacks were down despite other research showing that globally, ransomware aimed at businesses has increased by over 500% compared to Q1 2018.
But malware is on the rise: there were more than 150 million malware attacks in the region over Q1 of this year, an average of 1.6 million attacks a day. Mobile malware attacks are on the increase, up 118% on Q1 2018. Cryptomining malware was also up, with a 146% increase over the same time last year.
In addition, 5.8 million phishing attacks were reported in Q1 of this year: a 334% increase compared to Q1 2018. And over a quarter of all users in the META region were affected by web threat incidents during Q1 2019.
People are still the key vector targeted by the criminals.
The UAE is at the centre of this continuing cyber storm. Despite having a population of only 9 million, the UAE experience 1.1 million phishing attacks and 23 million malware attacks.
According to recent research by DarkMatter, the key damage done by these attacks can in many cases be mitigated reasonably simply. UAE companies still need to focus on addressing 'basic' vulnerabilities, including outdated and unsupported software, weak passwords, unpatched systems and configuration management weaknesses.
93% of DarkMatter's assessments found systems with outdated software, and 83% found systems with unsupported software. Credential problems were also widespread, and more than half the companies assessed had inadequate network segregation and used insecure protocols.
And worryingly, key technologies such as Microsoft Windows OS, Active Directory and other environments were not well configured, creating significant internal risks for organisations.
So is this a question of resources? Or is a new approach needed?
The 11th e-Crime Congress in Abu Dhabi will look at the latest in the processes and technologies used to protect data, identity and digital transformation. There will be real-life case studies, strategic talks and technical break-out sessions from the security and privacy teams behind some of the world's most admired brands, who know, just like you, that security is now more important to business than ever.