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Thursday, May 02, 2013

Saudi Arabia is a top target for cyber attacks

Saudi Arabia is the most targeted country for cyber attacks in the Middle East, according to a new report.  The kingdom ranks second globally, while the UAE is the fifth most targeted in the Middle East according to Symantec’s Internet Security Threat Report 2013. The region’s sophisticated internet infrastructure, high internet and mobile penetration and growing economy make it an attractive target for cyber criminals keen to make easy money without too much hassle.


Cyber espionage designed to steal intellectual property is also on the rise, with the small to medium sized enterprises (SME) the most vulnerable because of smaller amounts spent on internet security, according to the report. Their motivations are financial and political in some aspects,” said Johnny Karam, the managing director of Symantec for the Middle East and North Africa.

Last year Symantec discovered 1.6 new malicious software (malware) variants every day, one in 532 websites were infected with malware and the company blocked 250,000 web attacks each day, of which about 65 per cent were handled automatically.

The “watering hole” strategy, by which hackers wait for their targets to come to a website they have infected, is becoming more sophisticated.

Most recently, the Associated Press Twitter account was hacked into, with a false tweet posted stating that the US president Barack Obama had been injured in explosions at the White House.

“Mobile is an area where attacks are growing, spam remains as one of the key methods of attacks, as well as web pages and financial sector phishing”.



Posted on 05/02