Reducing the risk of cyber attacks in the Middle East

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Expert: Reducing the risk of cyber attacks in the Middle East

September 8, 2018 10:10 am

Cyber-attacks around the world are on the rise. Whether they result in a data breach or a disruption in network or service availability, a criminal cyber activity can have a huge financial impact on an organization. The costs can include cleaning up and restoring a network as well as reestablishing trust with partners and customers alike. According to a 2017 research study conducted by the Ponemon Institute, the average cost of a data breach in the Middle East alone has reached $4.94 million.

Whether it involves the theft of millions of customer credit card numbers or theft of Intellectual Property (IP), a cyber attack can impact more than just the bottom line. As we’ve seen from high-profile cases in the news, your organization’s reputation can be at stake.

To mitigate the risks associated with an attack and achieve cyber resilience, you need to develop a comprehensive cybersecurity strategy and partner with trusted vendors.

Read: 7 Key cyber threat areas for Gulf governments, organizations

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