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.

North Korean Hackers Use Fake U.S. Companies to Spread Malware in Crypto Industry: Report
North Korean hackers reportedly set up shell companies in the US to penetrate the crypto sector and target developers via fake job offers, according to