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One-third of UAE firms suffer from cyber-attacks

Such incidents in Emirates increased 400 per cent last year and accounted for 5 per cent of total

One-third of firms in the UAE reported cyber-attacks over the past 12 months, found KPMG’s 2015 UAE Cyber Security Survey.

According to the survey, companies that had been hacked in the UAE took between two weeks to a month to recover.

The survey showed that more than half of the surveyed companies that had been hacked didn’t know that they were being targeted by cybercriminals, while only 50 per cent of these companies own cyber-attack contingency arrangements, according to Khaleej Times.

“The UAE is on the list of the top ten destinations targeted by cybercriminals and it comes as no surprise that cyber-threats have been growing across key sectors like financial services, oil and gas, technology, government, retail, construction and healthcare,” Nitin Khanapurkar, partner KPMG Lower Gulf.

A recent Symantec Corporation report showed that cyber-attacks in the UAE increased 400 per cent last year and accounted for five per cent of the total cyber-attacks in the world.