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.
“An Expensive Problem”: Cracking the Cyber Insurance Conundrum
Rampant ransomware attacks have hit the healthcare industry, with incidents increasing by more than 600%, costing an average of $10 million per breach. This has
