Lev Matveev, Chairman of SearchInform, has highlighted the cybersecurity risks faced by UAE businesses and advised them to invest in managed security services. Due to inadequate preparedness against cyber threats, around 50% of firms lack an information security department, leading to over 86% of UAE firms experiencing a successful cyber attack and 72% facing data loss due to insider breaches.

Louis Vuitton says UK customer data stolen in cyber-attack – The Guardian
Summarize this content to a maximum of 60 words: Louis Vuitton says UK customer data stolen in cyber-attack The Guardian