Hacking threat to Middle East

Interactive Technologies urges Middle East businesses to be increasingly vigilant about the threat of computer hackers.
Hacking threat to Middle East
By Peter Conmy
Thu 27 Jul 2000 04:00 AM

Dubai-based Interactive Technologies is pushing the issue of e-security into the public eye following a report by Price Waterhouse Coopers that revealed computer hacking is costing businesses around the world an estimated US $1.6 trillion.

The report also suggested that almost 40,000 people years of productivity will be lost to computer downtime as a result of this alarming trend.

Ziad Tassabehji, Interactive Technologies president, is keen to raise awareness about the increasing threat to the Middle East region.

“With such cyber-crimes threatening the stability and efficiency of interactive systems worldwide, the previously underestimated subject of e-Security is an issue that must be brought to the attention of users and businesses alike,” he said.

To combat the worrying trend Interactive Technologies’ have announced an elite partnership with Axent, an information security business based in the US.

Tassenbehji said this strategic alliance “would help in bringing the security issue to the boardrooms of companies and governments within the Gulf region.

"Through Interactive Technologies’ partnership with Axent, we will provide e-Security to our clients – the ability to manage risk of information assets and to facilitate business processes safely, which will help our customers move to new business models leveraging the Internet.”

For all the latest tech news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.