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Middle East businesses suffer more cybercrime than globally

Reading Time: < 1 minute  |  Published: May 20, 2016 in Industry News

Dubai: Businesses in the Middle East are more likely to have suffered an incident related to cybercrime, according to a report by consulting firm PricewaterhouseCoopers.

85 per cent said of Middle East respondents said they have been attacked, compared to the global average of 79 per cent.

Around 18 per cent of respondents in the region have experienced more than 5,000 attacks, compared to a global average of only nine per cent — which is higher than in any other region.

The report states that companies, especially in the Middle East, often find it difficult to identify when an attack has taken place: many only discover it when third parties or clients report suspicious messages or requests for funds.

In 2015, 38 per cent more security incidents were detected in the Middle East than in 2014.

 

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