Revealed: how serious the cyber threat is to UAE firms

A total of 276,000 vulnerabilities have been identified across 800,000 internet-facing hosts in the UAE, says DarkMatter
Revealed: how serious the cyber threat is to UAE firms
Eddie Schwartz, EVP of Cyber Services at DarkMatter Group.
By Sam Bridge
Wed 07 Nov 2018 02:14 PM

A total of 276,000 vulnerabilities have been identified across 800,000 internet-facing hosts in the UAE by DarkMatter Group, the regional cyber security consultancy.

Its quarterly Cyber Security Report showed that 93 percent of DarkMatter’s assessments found outdated software and 83 percent found unsupported software.

The report also said that 70 percent of cyber incident types discovered were caused by "attempted access" or "misconfigurations", adding that 45 percent of the top 20 most common vulnerabilities are classified as high or critical.

“The findings provide stark reminders of the potential risks we face,” said Eddie Schwartz, EVP of Cyber Services at DarkMatter Group.

“For example, attempted access and outdated software vulnerabilities were root causes in prior large-scale problems, such as the Yahoo breach and the WannaCry ransomware attacks. If no action is taken, similar unfortunate circumstances can become reality again for many organisations.”

DarkMatter Group said the aim of the report is to raise awareness, give insights and offer recommendations to remediate the risks identified.

Schwartz added: “We identified several incidents ranked ‘critical’ on aeCERT’s scale, meaning great harm could be done to an organisation within the UAE if any of these attacks were executed successfully. The findings demonstrate that continuous cyber assessment and an ongoing commitment to improvement in security posture through cyber transformation is needed to ensure higher levels of cyber resilience.”

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