RIYADH: Trend Micro Incorporated, a global leader in cloud security, says Saudi Arabia is highly vulnerable to cybercrime.
The Kingdom has seen an alarming increase in infected machines this year. Increased Internet usage provides more opportunity for cybercriminals. This year alone, Trend Micro says it identified on average 95,000 malware attacks per month in Saudi Arabia.
The security vendor said their customers in the Kingdom are well protected from today’s malicious threats, as Trend Micro experts are in the Kingdom to help raise awareness, and provide a holistic approach to internet security. However, the company remains concerned that majority of the businesses and government entities in the Kingdom still rely on inadequate security solutions.
“Business and government entities remain vulnerable to cyberattacks in KSA. Today’s criminals are organized and relentless, and when the attack happens, and it will, the financial implications will be very damaging, not to mention losing brand integrity and credibility. In today’s world where everything is connected, protection is indispensable,” said Ihab Moawad, vice president, Trend Micro, Mediterranean, Middle East & Africa.
He added that the threat environment today has evolved, and targeted attacks, are a real danger. Most Internet users are not aware that their PCs or business environments have been compromised. Any system from any organization is at risk, and the ones most targeted are those with compromised machines and inadequate protection.
“Cyberattacks will continue to grow, especially with ransomware, and businesses can ill afford to have their networks comprised,” added Moawad. Ransomware is a type of malicious software designed to block access to a computer system until a sum of money is paid.
The Kingdom has seen an alarming increase in infected machines this year. Increased Internet usage provides more opportunity for cybercriminals. This year alone, Trend Micro says it identified on average 95,000 malware attacks per month in Saudi Arabia.
The security vendor said their customers in the Kingdom are well protected from today’s malicious threats, as Trend Micro experts are in the Kingdom to help raise awareness, and provide a holistic approach to internet security. However, the company remains concerned that majority of the businesses and government entities in the Kingdom still rely on inadequate security solutions.
“Business and government entities remain vulnerable to cyberattacks in KSA. Today’s criminals are organized and relentless, and when the attack happens, and it will, the financial implications will be very damaging, not to mention losing brand integrity and credibility. In today’s world where everything is connected, protection is indispensable,” said Ihab Moawad, vice president, Trend Micro, Mediterranean, Middle East & Africa.
He added that the threat environment today has evolved, and targeted attacks, are a real danger. Most Internet users are not aware that their PCs or business environments have been compromised. Any system from any organization is at risk, and the ones most targeted are those with compromised machines and inadequate protection.
“Cyberattacks will continue to grow, especially with ransomware, and businesses can ill afford to have their networks comprised,” added Moawad. Ransomware is a type of malicious software designed to block access to a computer system until a sum of money is paid.
