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GCC Cyber Security Market Report 2016 - Management Consulting Classified Ads in Minneapolis

GCC Cyber Security Market Report 2016

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The GCC region acquires a significant share of the world?s energy resources and with an increased usage of personal internet and smart devices for banking applications over the past few years, the region has become more exposed to phishing and DDOS attacks. Globally, the United Arab Emirates (U.A.E) is placed at the fifteenth position as a victim of cyber attacks due to the high density of established commercial and government organizations in the country. Increased interconnectivity, digitization, and use of social media within the organizations have made the GCC appear more pregnable to cyber crimes. In 2012, Saudi Aramco, the world?s largest oil company, was hit by a virus attack, which caused large scale damage of about $15 million and loss of critical data. In 2015, around 50% of the organizations faced Distributed Denial of Service (DDOS) attacks.

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GCC Cyber Security Market Report 2016