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CEOWORLD magazine - Latest - Tech and Innovation - Surge in Cyberattacks Targets UAE and Saudi Arabia Amid Growing Digital Expansion

Special ReportsTech and Innovation

Surge in Cyberattacks Targets UAE and Saudi Arabia Amid Growing Digital Expansion

A recent report by Positive Technologies, a global leader in cybersecurity solutions, has revealed a significant rise in cyber-criminal activity across the Middle East, with a particular emphasis on the United Arab Emirates (UAE) and Saudi Arabia. These two nations, which are the region’s largest economies, have increasingly become primary targets for hackers seeking to exploit sensitive data and penetrate critical infrastructures.

The study shows that the UAE is responsible for 40% of darknet posts related to the sale of compromised data and unauthorized access to local businesses, while Saudi Arabia accounts for 26%. Cyber-criminals are capitalizing on the rapid digital expansion in the region, trading stolen financial information and selling illegal access to corporate networks.

Positive Technologies, known for its expertise in identifying and addressing cyber threats, conducted a comprehensive analysis of the underground marketplace for cyber-crime services. The findings highlight a growing demand for hacking services targeting Gulf financial institutions and critical industries such as energy, raising alarms over the vulnerabilities in the region’s cybersecurity defenses.

Experts at Positive Technologies warn that these attacks pose substantial risks to the economies and infrastructures of the Gulf, especially as cyber-criminals continue to develop more advanced methods. The report calls on the UAE and Saudi Arabia to significantly enhance their cybersecurity measures and stresses the need for greater regional cooperation to combat these evolving threats.

Although both countries have taken steps to reinforce their cybersecurity frameworks, the study underscores the necessity of further action to safeguard businesses and institutions from large-scale breaches. Without a unified effort, the Gulf region will remain a lucrative target for cyber-criminals operating within the darknet’s clandestine networks.

 

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CEOWORLD magazine - Latest - Tech and Innovation - Surge in Cyberattacks Targets UAE and Saudi Arabia Amid Growing Digital Expansion
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz