With incidents of cyber-attacks on the rise, governments and companies need to take an increasingly holistic approach to information security, according to Faisal Al Bannai, CEO of UAE-based cyber security company DarkMatter.
Multiple rogue actors are entering this space, whether its hackers, organized (criminals) and so on, Al Bannai said following the launch of the company’s Katim secure communications suite at the Mobile World Congress in Barcelona.
People often think that downloading a secure app will make communications secure, Al Bannai explained, but if the phone is compromised it’s akin to pouring clean water into a dirty cup.
DarkMatter’s Katim suite includes a secure mobile device with its own ‘hardened’ Android operating system, together with a secure communications application suite and cyber command center.
According to Norton Cyber Security Insights Report, cybercrime cost the UAE Dhs5.14 billion (around $1.4 billion) in 2016, an increase of 4.9%, as hackers take advantage of consumer complacency http://www.incarabia.com/technology/uaes-residents-are-getting-the-worst-of-the-global-cybercrime-epidemic/.
The UAE has become a target for hackers due to the high penetration of smartphones (over 83%) and adoption of new technologies, among other things, the report said.
More than 2.50 million consumers were affected by cybercrime in the UAE this year compared with 2 million last year.
Victims spent an average of 31.5 hours dealing with the consequences compared with 30 hours last year.
Nearly seven out of 10 people know they must protect their information online, yet are still willing to click on links or open malicious attachments from senders they don’t know, according to the report by Norton.
Millennials are the most commonly affected by the crime, with 53% falling victims of such crime over the past year, according to the report.
While consumers remain complacent, hackers are refining their skills and adapting scams to take advantage of people.
Three in ten (30%) UAE consumers cannot detect a phishing attack, and another 9% have to guess between a real message and a phishing email, meaning nearly four in 10 are vulnerable, according to the report.