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DDoS attacks increased 11% in 1H 2021, fueling a global security crisis
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Cybercriminal Attacks Accelerate Global Cybersecurity Crisis According to 1H2021 NETSCOUT Threat Intelligence Report – Consumer Electronics Net
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Cyberattacks are still the number 1 threat to Middle East’s businesses. With a rising number of employees switching to hybrid working models, IT infrastructure and data centers of a large number of companies are at risk of being breached by cyber criminals.
Email and social media users also need to watch out for phishing attempts that could lead to information theft.
According to a recent survey by Proofpoint and Etisalat’s Help AG, 15 per cent of organizations in UAE suffered a phishing attack in 2019, with an additional 15 per cent suffering a business email compromise attack.
In the meantime, only around 69 per cent of the Forbes ‘Top 100 Middle East Companies’ have a Domain-based Message Authentication, Reporting & Conformance (DMARC) record in place. In other words, 31 per cent of them are leaving customers at risk of email fraud.
Quick Heal invests $2 m into Israeli startup
January 14, 2021
Kailash Katkar, Managing Director and Chief Executive Officer, Quick Heal Technologies×
L7 Defense focuses on API security Quick Heal Technologies, an IT security and data protection solutions provider, has announced an investment of $2 million in L7 Defense, an Israel-based cybersecurity startup.
The startup specialises in Application Programme Interface (API) security and next-generation web application firewall (NG-WAF). Quick Heal had already invested $3,00,000 in the startup last year.
Quoting a Gartner report, Quick Heal said about 90 per cent of web-enabled applications would be exposed to cyber-attacks due to the chinks in API weaknesses in 2021.