Monday 23 December 2024
 
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CIOMajlis

Companies incur big losses as IT frauds rise

The incidents of IT-based frauds are rising in organisations, raising concern among corporates and external key stakeholders on how to detect and prevent fraud as companies lose heavily, said the president of UAE Internal Audit Association.

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Cybercrime costs seen hitting $6trn by 2021

Global cybercrime costs will grow from $3 trillion in 2015 to $6 trillion annually by 2021, which include damage and destruction of data, stolen money, lost productivity and theft of intellectual property, says a new report. The d

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GCC firms advised to prepare for VAT

Companies across the GCC must be well versed with different aspects of VAT and chalk out a clear roadmap to ensure its timely and smooth implementation, say senior tax experts. Jeanine Daou, ME Fiscal Policies and Indirect Tax Lea

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Smartworld leads CIO team to Silicon Valley

Smartworld, a joint venture between Etisalat and Dubai South, along with Cisco as its strategic partner, led a ‘Silicon Valley Innovation’ delegation of CIOMajlis executives to top technology companies in the Silicon Valley in the

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