News

Rags To Riches: Almost 900 Scam Pages Uncovered In Potential $280k Global Investment Scam

  • September 7, 2023
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Group-IB, in coordination with the UAE Cybersecurity Council, has published new research outlining a new fake investment scam that is targeting users across the globe. In total, experts from Group-IB’s Digital Risk Protection team uncovered almost 900 unique scam pages leveraged by the cybercriminals behind this still-ongoing scheme. Links to these scam pages were contained in Facebook advertisements purchased by the scammers […]

Cyber Security News

IT Security Spending in the Middle East & Africa to Grow 7.9% in 2023

  • April 11, 2023
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Spending on security solutions and services in the Middle East and Africa (MEA) (including Israel) will increase 7.9% year on year in 2023 to reach $6.2 billion, according to the latest Worldwide Security Spending Guide from International Data Corporation (IDC). The firm’s newly released forecast indicates that this figure will reach $7.7 billion in 2026, representing a […]

Cyber Security News

Ransomware persisted despite improved detection in 2022: IBM

  • March 21, 2023
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IBM Security has released its annual X-Force Threat Intelligence Index finding that although ransomware’s share of incidents in the Middle East and Africa (MEA) held steady at 18%, globally defenders were more successful detecting and preventing ransomware. Despite this, attackers continued to innovate, with the report showing that globally the average time to complete a ransomware […]

News

Trend Micro launches its MEA HQ in Saudi Arabia

  • December 14, 2022
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Trend Micro has launched its Middle East and Africa (MEA) headquarters in Riyadh, Saudi Arabia. The new MEA HQ will bolster region’s cybersecurity ecosystem, strengthen partnerships with government entities and private organizations, and accelerate the transition towards a safer digital future, in line with the Kingdom’s Vision 2030 and the digital ambitions of the wider […]

GISEC News

Mandiant to showcase cybersecurity intelligent SaaS platform at GITEX 2022

  • October 6, 2022
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Mandiant will exhibit its Mandiant Advantage SaaS platform that delivers the company’s expertise and intelligence to security teams of all sizes. Mandiant has announced its participation at GITEX Global 2022 – the leading technology event in the Middle East. At the trade fair, Mandiant will showcase its Mandiant Advantage SaaS platform that delivers the company’s […]