The BI-ME eNewsletter
LOGIN:
More than 79% of Gulf businesses hit by viruses in the last six months
Source: BI-ME , Author: BI-ME staff
Posted: Wed November 18, 2009 12:49 pm
www alibaba.com
Meet worldwide manufacturers, wholesalers
& importers
in Alibaba now!

INTERNATIONAL. Survey conducted by Trend Micro, a global leader in Internet content security at GITEX 2009 reveal that 57% of the regions business have actually had two or more virus attacks in the past six months alone.

The survey of more than 800 executives revealed that 29% store all their personal data in their work PC and 14% have no confidence in the company’s IT security software.

While a staggering 98% admit to surfing the internet for non-work related activities, 42% admitted to doing this regularly, with 31% spending one to four during work time.

“92% of all attacks have a web component and organisations need to ensure that they are protecting their business from loss of data, credibility and money.

Our dependence on the Web raises our vulnerability especially since 63.6% of all office work is now internet based,” said Chris Moore, Managing Director, Trend Micro Middle East and MED.

“With a large majority of companies having been successfully attacked in the last 6 months, employee behaviors, lack of awareness, and inadequate protection is putting ME businesses at risk.”

The survey was conducted at GITEX 2009, and of the 800 people surveyed, 60% were IT managers, 17% were directors, 5% were general managers, and another 8.2% were system and network engineers. Account mangers accounted for 4.5 % and 3.9% were managing directors, where as 0.7 % were Chairman’s and CEOs

All internet accounts are password protected and criminals are looking to break passwords and steal data for gain.

The survey found that 22% of responders had 6 to 10 internet accounts and 12.5 % have 11 to 15 accounts.

The alarming fact is that 54.89 % use only two to five passwords to manage all their internet accounts, raising fears that if one account is compromised, there is a chance all accounts could be easily compromised.

With spam peaking at more than 200 billion a day globally, the Web has evolved to become a primary threat-infection medium for modern-day attacks.

The Middle East accounts for more than 3.56% of global spam, of which the UAE has the highest spam count, followed closely by Saudi Arabia.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 2, 2010
INTERNATIONAL. The triangle pattern has taken nearly 9 months so far, and a move over US$19.50 could start a multi-month run targeting US$26-US$29 per ounce for starters before a broad pullback.
date:Posted: September 1, 2010
UAE. Given the recent developments in Saudi Arabia and India, there is now a greater level of hope that the TRA and RIM will reach an agreement about the manner in which BB Messenger services are provided.
date:Posted: September 1, 2010
UAE. GCC Telecom markets are on the verge of saturation, while prices decline due to increasing competition, resulting in telcos profits being under very high pressure.