The Central Bank of the UAE (CBUAE) conducted on Sunday a first-of-its-kind cyberattack simulation exercise designed to test the resilience of the country’s banking sector against cyber threats. “The exercise affirms CBUAE’s preparedness to prevent or mitigate cyber threats that may cause disruptions to the UAE’s economy and financial stability,” a statement by CBUAE explained. […]
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Efforts to assess the impact of a more than seven-month-old cyberespionage campaign blamed on Russia — and boot the intruders — remain in their early stages, says the cybersecurity firm that discovered the attack. The hack has badly shaken the U.S. government and private sector. The firm, FireEye, released a tool and a white paper […]
Traditionally, companies and banks with high sensitive information install antivirus software to counter any possible security risks that could compromise their operations. To counter this growing threat, Nokia has been selected to lend its 5G technology and expertise to a US federal project led by the National Cybersecurity Center of Excellence (NCCoE). This development came […]
This year has been unlike any other in living memory, barely any aspects of our lives have been spared by the impact of the worst public health crisis in decades. The worldwide COVID-19 pandemic shifted the way we lead our day-to-day, laying bare to our collective fragility, while greatly heightening our sense of uncertainty. The […]
Fear of automation has been present since the first industrial revolution, and as we slowly edge closer toward entering its fourth iteration, that very same fear has lingered and begun to creep up once more. Only now it has cozied up to another worthy ally that could unearth age old fears of job loss: artificial […]
Prominent U.S. cybersecurity firm FireEye said Tuesday that foreign government hackers with “world-class capabilities” broke into its network and stole offensive tools it uses to probe the defenses of its thousands of customers, who include federal, state and local governments and top global corporations. The hackers “primarily sought information related to certain government customers,” FireEye […]
Cyberattacks across the world have drastically increased, while most of them don’t dominate headlines – such as the Adobe or Equifax breaches – hackers have targeted companies of all sizes seeing that business digitization is on the rise due to the COVID-19 pandemic. With the world transforming into a data-fueled reality, the risks become larger, […]
Telecoms operators are vulnerable to cyberattacks around the world, mainly due to their critical national and international roles in infrastructure and communication, while possessing heaps of sensitive data from their large clientele. Almost 43 percent of telecom companies have suffered from DNS-based malware in 2019 alone, noting that a staggering 81 percent of these companies […]
LogRhythm, the company powering today’s security operations centers (SOCs), has launched reporting capabilities and compliance use cases that make it simple and efficient to comply with the Kingdom of Saudi Arabia’s (KSA) Essential Cybersecurity Controls (ECC). It enables organizations of all kinds to use one-click, out-of-the box automation to meet the minimum cybersecurity requirements for […]
With the ongoing pandemic and the rapid shift to digital, many countries around the world are facing increased cybersecurity threats. However, the problem becomes much bigger when there are no sufficient laws in place to safeguard internet users. As such, countries in Africa are currently experiencing a wave of cybercrime. Africa is one of the […]