Sunday 28 August 2016
 
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Cybercrime

Economic crime remains prevalent in Mideast

Around 26 per cent of organisations in the Middle East have experienced economic crimes in the past 24 months, lower than the global average of 36 per cent though a 5 per cent increase since 2014, a report said.  Although the

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Cybersecurity remains a top concern in Mideast

Cybercrime has been identified as the second most common form of economic crime in the Middle East, with the region’s cybersecurity market set to grow 84 per cent to hit $9.56 billion in 2019, according to a recent PricewaterhouseCoopers (

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Cybercrime ring 'steals $1 billion from banks'

A multinational gang of cyber criminals has stolen as much as $1 billion from as many as 100 financial institutions around the world in about two years, Russian computer security company Kaspersky Lab said on Saturday. The company

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Cybercrime ring 'steals $1 billion from banks'

A multinational gang of cyber criminals has stolen as much as $1 billion from as many as 100 financial institutions around the world in about two years, Russian computer security company Kaspersky Lab said on Saturday. The company

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Cybercrime big risk to police despite ICT research

Investment in ICT to counter cyber threats is at record levels within the Gulf, yet challenges faced by police forces in the region and worldwide remain high, an industry expert has warned. While technology can and will assist in

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Bahrain plans new cybercrime law

Hackers could face up to 10 years behind bars as Bahrain plans to introduce a new cybercrime law.   The information technology bill will also carry fines of up to BD300,000 ($787,360), which has already been appr

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Think tank to combat cybercrime in Bahrain

A think tank is to be set up in Bahrain to tackle the growing problem of cybercrime. The Middle East is twice as susceptible to cyber-attacks compared with the global average, according to research released by Microsoft, said a re

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BAB hosts talk on cybercrime threats

Bahrain Association of Banks (BAB) will host a seminar on threats and risks posed by cybercrime on Tuesday (February 18). The seminar, titled "Cybercrime, threats and risks - a business threat with strategic implications"

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BAB hosts talk on cybercrime threats

Bahrain Association of Banks (BAB) will host a seminar on threats and risks posed by cybercrime on Tuesday (February 18). The seminar, titled "Cybercrime, threats and risks - a business threat with strategic implications"

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Six held in $45m cybercrime racket

Six people were arrested and charged on Monday for participating in a worldwide ATM heist that stole $45 million from two Middle East banks. The five men and one woman, all residents of the New York City suburb of Yonkers, were ac

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