| | MARCH 20234The UAE looking forward to diversifying its oil-based economy into everything from technology to sports and tourism is a deliberate attempt toward realizing a new vision and setting a new image. Advancement in the technology business is a big part of this vision. The advanced digital economy and widespread technology adoption in the workplace made the country's existing cyber vulnerabilities irresistible to attackers. According to a survey by Cybereason, 84 percent of UAE companies paid the ransom in these attacks, which is more than 20 percent higher than the global average. Of the companies exposed, 90 percent experienced a second ransomware attack, and 59 percent found their data corrupted.With a dynamically growing technology landscape, sufficing the constant need to digitally transform organizations, especially while the hybrid work culture prevails, is arduous, to say nothing of the constant need to improve customer experience. Unfortunately, it's a perfect milieu for cyber-attackers to thrive. According to a report, the Asia-Pacific region faced the maximum number of cyberattacks for the second consecutive year in 2022, accounting for 31 percent of all incidents remediated worldwide. It's no rocket science that, regardless of the size of your business, there is always the sword of Damocles hanging over you. It is imperative that you build a safer atmosphere around your business by securing the services of cybersecurity specialists. As phishing or social engineering attacks, ransomware, and DDoS attacks continue to pose more significant threats to businesses, cybersecurity solutions providers must aggressively watch the segment's dynamic trends to stay ahead of the threats. Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comBoth Eyes on Cyber Attackers Vol 04 · Issue 5 - 1 ·MARCH, 2023 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan NoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comAdvertising ManagersPrerna Khera To subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comMagazine Price is Rs. 150 per issueEditor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Info Connect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2023 Info Connect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Senior Designer Girish M Designer Hari Shankar P.AVP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Heena Kousar Hima P. M. Keerthana Kantharaj Roopalatha H.Editorial
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