Cyber attacks a ‘real threat’ to Gulf business | Arab News

Cyber attacks a ‘real threat’ to Gulf business | Arab News:

"Cyber attacks in the Gulf are a growing threat for businesses operating in the region, Internet security experts warn, calling for more to be done to protect data. Businesses, consumers and governments in the GCC are increasingly victims of a varied range of cybercrimes, including malware emails; software that holds a victim’s data to ransom, and most recently “cryptojacking” which involves the unauthorized use of someone’s computer to mine for virtual currencies. “Cyber risk is a real threat to Gulf states, with the cost of data breach mounting in 2017,” Edmond Christou, Middle East analyst at Bloomberg Intelligence, told Arab News. Bloomberg Intelligence on Monday published research on the impact of cyberattacks on oil and gas companies in the Gulf."



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