“IBM’s in-depth study of more than 500 actual data breaches in 17 countries over the past year shows that the Middle East ranks second in terms of the average cost of security breaches among the regions surveyed. The study on organisations surveyed in the Kingdom of Saudi Arabia and the UAE suggests that security incidents became more costly and harder to contain due to drastic operational shifts during the pandemic. Some of the most popular types of cyberattacks include phishing, scam, malware and ransomware.”
Cybersecurity gains relevance as digitisation becomes a trend in the Middle East [Gulf News]