Businesses in gulf are most vulnerable to Cyber Attacks

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Data Security concerns are increasing day by day. But the most organization still seems to be in a relaxed stage. According to a survey conducted by YouGov, commissioned by BAE systems, many business firms in UAE are still underprepared to shield themselves from cyber attacks.

Out of 1000 respondents who participated in the polls, nearly half of them felt that they lacked proper security controls in their organization.

Although UAE looks most backup when it comes to cyber attacks on paper, only two-thirds of them say that they have the proper infrastructure in place to shield themselves against any cyber vulnerability. The rest admit that they have not tested their procedures within the past six months and 37% of them said that they haven’t tested the architecture which was in place till date.

As per the YouGov study, UAE is prone to cyber attacks some as Ransomware. Among the respondents, 8 percent of them admitted that they were experiencing a cyber attack within the past four weeks and 28 percent said that their organization experienced an attack last year.

Well, the logic behind the survey was to educate the firms operating in BAE that cyber attacks not only fetch them revenue loss but can also do an irreparable damage to a business which may eventually never recover.

As 34 percent of respondents said that their organization has experienced a cyber attack in past 6 months, it clearly shows us the graph that the businesses operating in the United Arab Emirates are not immune to cyber attack. Ironically speaking, 43% of those who participated in the study ever new what a cyber-attack can cost a business on a direct or indirect note.

According to experts, the only way to deal with cyber attack situations is to have a credible backup plan which can be ignited in the event of a disaster. The disaster recovery plan must be as such that it can help recover a business with a minimum or zero downtime.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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