GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share
A report by DarkMatter Group found cybercriminal attacks in the UAE and Middle East are both widespread, frequently undetected, and often state-sponsored
 
Abu Dhabi, UAE 17 June 2019:  DarkMatter Group, the region's first and only fully integrated digital and cyber transformation firm, today released the first semi-annual Cyber Security Report for 2019 revealing that critical infrastructure sectors, including Oil & Gas, Financial, Utilities and Transportation, are in the firing line from a growing incidence of cyberattacks across the UAE and wider Middle East.
 
The report analyzes threats and trends observed by DarkMatter between October 2018 and March 2019 providing a snapshot of the cybersecurity environment in the UAE and the wider region.
 
The Middle East breaches are both widespread, frequently undetected, and increasingly appear to be state-sponsored. Cybercriminals are aiming their weapons where it hurts the most at critical infrastructure, with potentially devastating effects on the security of nations and their citizens. The report found that the most significant threats to regional critical infrastructure organizations came from eight malicious threat actors and campaigns, motivated by espionage and then sabotage. Spear phishing was found to be the principal method of attack to gain access to targets.
 
Q1 2019 highlights
 
• 75% of intrusion sets documented in DarkMatter's review were motivated by cyberespionage actions, such as stealing remote access credentials and personal information. 
• 75% of observed UAE domains are hosted outside the country, placing sensitive data at high risk. 
• 91% of organizations assessed by DarkMatter had outdated software and were missing critical security patches; 83% used unsupported software.
• 91% of assessed organizations were vulnerable due to weak or default passwords.
• 87% of assessed organizations used insecure network protocols.
 
“Cybersecurity breaches in the region pose a genuine risk to critical sectors as cybercriminals harness new technologies to launch sophisticated and targeted attacks,” said Karim Sabbagh, CEO of DarkMatter Group. 
 
“The intent of the attacks we're observing is to undermine the progressive social, economic, and digital agendas in the Middle East. Organizations in the region have a short window of time to transform their cyber security posture and demonstrate stronger resilience in the face of escalating and increasingly sophisticated cyber security threats.”
 
Key Economic Pillars at Risk
 
The report focuses on the global significance of targeted attacks on the UAE's critical infrastructure sectors. Of these, the Oil and Gas sector faces the greatest vulnerability to cybersecurity breaches. In the Middle East, an estimated 75% of regional oil and gas companies have had their security in their operational technology compromised. The commercial and strategic importance of this industry to the region makes it an attractive target for geopolitical or economic rivals.
The Financial, Transportation, and Water & Electricity sectors also face widespread risk from advanced cyberattacks.
DarkMatter's analysis identified intrusion sets such as Bitter, Molerats, MuddyWater, Chafer, DarkHydrus, Shamoon 3, OilRig, and DNSpionage, which are actively deployed in the region with the objective to disrupt critical infrastructure sectors. Shamoon 3 in particular has been deployed with the intent to sabotage major organizations.
 
Advanced Digital Ecosystem Vulnerable to Attacks
 
The UAE has the second-highest smartphone adoption rate globally and is one of the world's most digitally interconnected societies. This digital ecosystem offers an expanded surface for cyberattacks. DarkMatter observed numerous incidents across the region where critical infrastructure was compromised through technology-connected assets.  Most of the attacks leveraged outdated and unsupported software, and weak passwords resulting in unauthorized remote access.
“DarkMatter's analysis indicates that public-facing assets in the UAE will continue to be targeted by global threat actors. Organizations must prioritize an improved security posture with continuous monitoring and patching of cyber threats to protect their assets and those of stakeholders,” Sabbagh added.
Actionable Insights
 
The report concludes with a list of organizational and technical cyber security practices for businesses and governments to implement to improve their security posture.  
 
“In this digital battlefield, while organizations believe they have most of the security management controls in place to mitigate cyber security risks, the reality is that technical control and capabilities to address the cyber security challenge are markedly lagging behind. So there's a considerable risk that if an attack happens, it may well be successful. The C-Suites must and can readily take steps to effectively manage holistically their security posture in order to be better prepared against escalating malicious attacks,” concluded Sabbagh.



Posted by : GoDubai Editorial Team
Viewed 10340 times
Posted on : Monday, June 17, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Telecom Egypt and Juniper Networks Partner to Enable Digital Transformation for Egypt's Enterprises
Next Story : du Introduces Apple Device Enrolment Program for UAE Business Customers
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Lockdown Showdown: Jaguar I-pace Etrophy Series to Get Back on Track in Berlin i...
Three Eggs get Yemeni National a Guinness World Records Title
Omega's Antimagnetic Tourbillon Is a Watchmaking Breakthrough
Lamborghini SCV12: Squadra Corse Hypercar Ready to Hit the Track
The new BMW M5 and BMW M5 Competition
Toric Tourbillon Slate
GROHE Smart Control Review
Twitter tests Tweeting with Voice
Saxo Bank Launches Loyalty Program for MENA Region Clients
Hyundai Motor and Sony Pictures Entertainment Announce Unique and Pioneering Mul...
American Aesthetic Medical Center Has Something in Store for the Esthetical Figu...
WTTC Launches Safe Travels Protocols for Attractions, Car Hire and Short-Term Rental
NUDESTIX Launches - Nudies Blush, Bronze, and Glow Shade Extension
Volvo Cars Chengdu Car Plant Powered by 100 Per Cent Renewable Electricity
Range Rover Marks 50 Years of All-terrain Innovation and Luxury With Exclusive N...
Under-12 and Over-60 Can Now Take Part in Sports Activities: Dubai Sports Council
Dabur Ensures Safety with Hand Sanitizers and Personal Protection Kits as UAE Es...
Let's Brigthen Up! The Face Shop's Ultimate Summer Skincare Range From Belif is Here!
Handy Helper for Content Creators: The Compact A6100 Mirrorless Camera from Sony...
Pre-orders for Samsung's Galaxy S20+ 5G and Galaxy Buds+ BTS Edition now open in...
Experts Highlight need for Young Talent to Develop Skills for a Post-Covid-19 World
Dabur Launches Pure Organic Coconut Oil: Natural Protection for Hair, Skin, and ...
GEMS Wellington Academy – Al Khail Improves Rating to 'Very Good' in KHDA DSIB 2...
Etihad Airways to Recommence Flights to Athens
Dubai Sees Pronounced Uptick in Demand for Retail Units
Book Building of Amlak International's IPO of 30% of Shares
Sanctuary for the Senses: All-New Lincoln Corsair Arrives with Whisper-Quiet, Co...
Essence Spring/Summer 2020 Collection
Registration Opens for Training On the Camel Trek and Camel Marathon for Expats
Covid-19 Leads UAE Businesses to Adopt Upgraded Green Building Solutions
Dubai Sports Council Discuss Upcoming Sports Events With Federations and Organisers
Dubai Sports Council to Celebrate Dubai's COVID-19 Heroes Through Commemorative ...
Turkish Airlines Was the Busiest Operator in the Eurocontrol Area After Restarti...
Celebrate Father's Day With Parmigiani Fleurier Tondagraph Slate'
INFINITI of Arabian Automobiles presents Dubai Islamic Bank customers Super Sale...
Crude Oil Headwinds on Virus and Technicals
Customers can Benefit from Increasing Gold Rate by just Paying 10% Advance at Ma...
Canadian University Dubai Receives Prestigious Certification in Education for Pu...
Report Reveals the Six Fintech Innovations That Will Boost the ‘Financial Health...
Serco Middle East Appoints New Managing Director for Dubai Metro and Dubai Tram
Big Bang Integral King Gold
Pan Emirates Unveils Exclusive New Collection
Digital Vision Technology Signals On-Track Success for Panasonic Jaguar Racing
Schneider Electric Extends Strategic Partnerships with AVEVA, Lenovo and Stratus...
Celebrate World Music Day with HONOR Magic Earbuds
The 11th Edition of the Arab Fashion Week to Launch Virtually Today, from June 2...
New Bentayga to Launch Beyond100
Cairo Amman Bank Adopts the Latest Technology to Enhance Performance and Securit...
Celebrate Summer Safely with the New, Shopping Normal at BurJuman
Registration open for Dubai Watersports Summer Week