While many residents in Dubai celebrate the fact that they are living in a place that is on its way to becoming a smart city, there are many that are still unaware about the cyberthreats that are increasingly targeting businesses.
In an increasingly interconnected digital world, businesses both large and small can’t afford to be caught unawares when it comes to cybersecurity. Experts have stressed that there is a strong need to form a clear cybersecurity structure, and have a proper risk management plan to tackle the threats posed by cyber criminals.
According to Gemalto’s 2016 Data Breaches and Customer Loyalty report, 66.5 per cent of UAE respondents claim that the responsibility for protecting and securing customer data lies with companies. The report also found that consumers are becoming increasingly fearful of their data being stolen, with 56 per cent believing it will happen to them in the future. Gemalto also noted that data breaches in the Middle East have increased by 50 per cent in the first six months of 2016, compared to the last six months of 2015.