Arab Bank has launched an Egypt branch of its FinTech, artificial intelligence (AI) and cybersecurity accelerator. Arab Bank has recently launched its fintech-focused corporate accelerator programme “AB Accelerator” in Egypt, following its successful launch in Jordan back in 2018. Read More…
Dubai Courts announced the establishment of a specialised court, focused on combating money laundering, within the Court of First Instance and Court of Appeal. The move, which seeks to strengthen the integrity of the financial system, follows the establishment of the Executive Office of the Anti-Money Laundering & Countering theRead More…
MuleSoft reported that 70% of automation initiatives are being hindered by security concerns and data silos, as organizations increasingly look to automation to improve efficiency and productivity. However, MuleSoft’s IT and Business Alignment Barometer also revealed opportunities for companies to overcome these challenges and enable faster innovation across their organizations.Read More…
Sirar, the cybersecurity company and a subsidiary of stc Group, revealed that it has blocked more than 71,000 cyber-attacks and 14m fraudulent “phishing” emails since the beginning of 2020. Last January, stc launched “sirar,” a technical arm in the field of cybersecurity, to support its strategy for growth along newRead More…
The Dubai Public Prosecution announced that the Dubai Misdemeanor Court has convicted eight individuals and three companies for cyber fraud and laundering of stolen funds amounting to approximately AED14 million. Providing details of the investigation into the criminal case, Counselor Ismail Ali Madani, Senior Advocate General, Chief of Public FundsRead More…
BeyondTrust, the worldwide leader in Privileged Access Management (PAM), announced the hire of Marc Maiffret as Chief Technology Officer and appointment of Morey Haber as Chief Security Officer, further expanding and strengthening the company’s security leadership. Marc Maiffret brings 20+ years of executive security leadership to BeyondTrust, as a founderRead More…
Check Point Research (CPR), the Threat Intelligence arm of Check Point Software Technologies, a leading provider of cyber security solutions globally, warns of a potential phishing scam involving Amazon’s Mystery Boxes. For the more indecisive or adventurous Amazon user, buying a Mystery Box may be the ideal solution.Read More…
The Cisco Talos Incident Response (CTIR) team, backed by the world’s largest commercial threat intelligence organization, has released its quarterly Threat Assessment Report. Cisco Talos observed a variety of attacks, with ransomware being the quarter’s most dominant threat. According to CTIR, ransomware accounted for almost half of all incidents, andRead More…
