Targeted by Ransomware, Middle East Banks Shore Up Security
As the UAE financial sector finished up its annual cyberattack exercise, its worries about ransomware compromises and geopolitical attacks are on the rise.
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As the UAE financial sector finished up its annual cyberattack exercise, its worries about ransomware compromises and geopolitical attacks are on the rise.
Hacktivism-related DDoS attacks have risen 70% in the region, most often targeting the public sector, while stolen data and access offers dominate the Dark Web.
DDoS cyberattack campaign averaged 4.5 million requests per second, putting the bank under attack 70% of the time.
UNC1549, aka Smoke Sandstorm and Tortoiseshell, appears to be the culprit behind a cyberattack campaign customized for each targeted organization.
The Emirates see phishing emails, DDoS attacks, and ransomware, as well as port scans, regularly.
Two Mideast nations that were at odds until recently have announced the "Crystal Ball" project, aimed at better protecting against cyberattacks via collaboration and knowledge sharing.