Latest news with #DrMohamedAlKuwaiti
Tahawul Tech
12-05-2025
- Business
- Tahawul Tech
Ransomware groups continue to cause havoc, despite disruptions
Kaspersky experts have reported a significant rise in targeted ransomware activity at GISEC Global 2025, with the number of active ransomware groups increasing by 35% between 2023 and 2024 – reaching 81 groups globally. Despite this surge, the number of infected victims dropped by 8% during the same period, reaching an estimated 4,300 victims worldwide. The UAE, South Africa, Saudi Arabia, and Türkiye emerged as the most frequently targeted countries in the region. According to Kaspersky research of data leak sites of targeted ransomware groups, the number of ransomware groups continued to rise for the second consecutive year, despite two major disruptions targeting LockBit and BlackCat in 2024 – indicating that such attacks remain highly lucrative for cybercriminals. Targeted ransomware groups use techniques such as exploiting vulnerable internet-exposed services, social engineering, and leveraging traded initial access on the dark web to infiltrate victims. There is also growing evidence also suggests increased collaboration among these groups, including the exchange of malware and hacking tools to achieve their objectives. His Excellency Dr. Mohamed Al Kuwaiti, Head of Cybersecurity for the UAE Government, affirmed: 'In light of the accelerating pace of cyberattacks globally, it has become imperative to adopt proactive policies that leverage artificial intelligence and advanced analytics to detect threats and respond to them effectively'. He emphasised the importance of GISEC Global 2025 at this critical time and its role in bringing together cybersecurity experts, specialists, and leaders to showcase and discuss evolving threats. The event serves as a vital platform for enhancing collaboration and developing innovative, forward-looking solutions to ensure a secure cyber environment that supports sustainable development and the digital economy. Maher Yamout, Lead Security Researcher for the Middle East, Türkiye and Africa at Kaspersky, suggest some plans to protect institutions. He said: 'By identifying and securing your corporate network's entry points and understanding the tactics used by ransomware groups, companies can better protect their digital assets against targeted ransomware attacks. Failing to address both aspects, significantly increases a company's vulnerability'. To help organizations strengthen their defences, Kaspersky recommends the following: Employee education and cybersecurity training is necessary as human error is a common cause for cybersecurity breach and can serve as an initial point of access for ransomware attacks. The Kaspersky Threat Intelligence is an essential tool which provides in-depth threat intelligence and real-time insights on the history, motivations and operations of targeted ransomware groups. In addition, Kaspersky's Digital Footprint Intelligence monitors external threats for companies' assets in Surface, Deep and Dark web, strengthening defence against credential leaks. Keep all devices and systems updated to prevent attackers from exploiting known vulnerabilities. Set up offline backups that intruders cannot misuse, and make sure you can access it quickly in an emergency. Kaspersky's multi-layered, next generation protection detects ransomware at both the delivery stage and execution stage of the attack. Kaspersky Next , which combines exploit prevention, behaviour-based detection, and a powerful remediation engine capable of rolling back malicious actions. It also features built-in self-defence mechanisms to prevent tampering or removal by attackers. Image Credit: Kaspersky
Zawya
07-05-2025
- Business
- Zawya
GISEC Global 2025 gets underway in Dubai, fuelling growth of the billion-dollar cybersecurity market
The 14th edition, held under the theme 'Securing an AI-Powered Future', has attracted more than 450 CISOs and 750 businesses from over 160 countries. Kaspersky CEO and founder Eugene Kaspersky is among the top speakers to take to the stage on the opening day. Dubai, United Arab Emirates: Leveraging AI to help build secure and resilient infrastructures and redefining the future of the cybersecurity industry were among the key topics explored at GISEC Global 2025 as the world's third-largest cybersecurity event got underway today. Held under the theme of 'Securing an AI-Powered Future,' the annual event has attracted more than 750 of the world's foremost cybersecurity companies, 450 global CISOs and futurists and 25,0000 visitors from over 160 countries. With the global cybersecurity market anticipated to be worth $298.5 billion by 2028, according to Markets and Markets, the 14th edition's opening day saw several panel discussions, workshops and roundtables take place, focusing on the power of AI and how it's changing the cybersecurity landscape. 'Industry must rise to meet the challenges of the fifth industrial revolution' H.E. Dr Mohamed Al-Kuwaiti, Head of the UAE Cybersecurity Council, delivered a powerful speech on the importance of harnessing AI, navigating geopolitical tensions and securing the Digital Future. He revealed an alarming statistic: the UAE is facing more than 200,000 daily cyberattacks, with government entities being the most targeted. Robust measures are being taken, he said, and with the advent of the fifth industrial revolution, cybersecurity must evolve to tackle the threats posed by AI tools. He highlighted human-data interfaces, autonomous systems and AI governance and digital ethics as key areas that the industry needs to rapidly review. He said: 'Cybersecurity has become an integral part of everything that we do, and the UAE is already moving towards becoming an AI-nation in cybersecurity. There are so many great pillars as part of our UAE National Cybersecurity Strategy that focus on governance, innovation, defence and protection – all of which remain vital [for the future].' 'It's businesses versus cybercriminals, but with the right strategy, the industry can win' Renowned cybersecurity expert and entrepreneur, Eugene Kaspersky, CEO and founder of Kaspersky, was among the speakers to take to the stage. Addressing the audience, he described AI as a tool that is benefiting both cybercriminals and businesses, but emphasised that greater efforts need to be implemented by organisations to help build a safe AI-driven future. He said: 'We are living in a world where it's very much AI vs AI - defence against attack.' 'With that said, the world is interconnected through digitalisation and is part of every aspect of our everyday lives. Using AI will only take that to the next level and will make things faster and better. 'However, unfortunately, we are facing issues with cybercrime, and that can stop us from using AI globally, but the good news is that cybersecurity companies are investing and working on immunity that will make future systems impeccable and secure, which can help us take the next stage.' Attendees also gained a fascinating insight into Dubai's ongoing commitment to protecting the emirate digitally at a time when it is accelerating its efforts to become a 'smart' city. During his presentation, Faisal Abdulaziz, Director of the Cybersecurity Threat Center of Dubai Electronic Security Center (DESC), highlighted the work the organisation is doing to embed cybersecurity into every layer of Dubai's digital transformation, safeguarding the city's smart services, critical infrastructure and digital economy – with a key focus on talent development. Another speaker to address the audience was Aarti Borkar, CVP of Security, Customers Success and Incident Response at Microsoft. She revealed that 80 per cent of leaders cited leakage of sensitive data as their main concern, while 88 per cent of organisations are concerned about indirect prompt injection attacks, emphasising the importance of secure and resilient infrastructure. 'Success in AI is defined by your practical techniques and security must come above all else,' she said. '[When it comes to building safe systems], you must plan the final stage as a perfect solution that you can use and then create milestones on how you get there. Then work on the thing that will hurt the most first, and then gradually the next element. Every day, you have to move towards the next step of being safe and staying compliant, so we can use AI safely and efficiently.' The event has brought together some of the leading players in the industry, including Huawei, AWS, Microsoft, Google Cloud Security, CISCO, Deloitte, Kaspersky, Check Point, Cloudflare and Honeywell, alongside groundbreaking cybersecurity companies Spire Solutions, CPX, CyberKnight, LinkShadow, OPSWAT, Qualys, CrowdStrike and StrikeReady. GISEC Global 2025, which is hosted by the UAE Cyber Security Council, supported by DESC, the UAE Ministry of Interior and Dubai Police, will continue on Wednesday with more engaging panel discussions and thought-provoking debates on AI's pressing issues from weaponised large language models (LLMs) to next-gen AI-powered defences. To learn more about GISEC Global 2025, visit About GISEC Global GISEC Global, Middle East & Africa's largest and most impactful cybersecurity event, will return to Dubai World Trade Centre for its 14th edition taking place from 6th to 8th May 2025, under the overarching theme of 'Securing an AI-Powered Future.' Following the monumental success of 2024, the super-connector event for the region's cybersecurity industry will bring together over 25,000 attendees, 750 exhibiting brands and 350-plus speakers hailing from over 160 countries. GISEC Global stands as the unrivalled platform for navigating the ever-evolving landscape of cybersecurity. More information: About Dubai World Trade Centre (DWTC): A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is home to the region's leading purpose-built convention and exhibition centre. DWTC provides a platform for connecting people, products, innovation and ideas from around the world through a dynamic calendar of international trade exhibitions and its own roster of sector-leading mega events. As a designated free zone, complemented by award-winning commercial real estate, DWTC plays an integral role in Dubai and the region's growth story. Since its inauguration, DWTC has hosted over 6,000 events, with an estimated economic output of AED 248 billion, attracting over 38 million business visitors to Dubai. Building on this legacy, DWTC's second flagship venue, the Dubai Exhibition Centre (DEC), stands as a premier destination for prominent national and international mega events. Strategically aligned with the Dubai 2040 Urban Master Plan, DEC's recently announced AED 10 billion expansion is integral to Expo City Dubai's vision of becoming a global business hub for exhibitions and events.
