Cyber Threats on the Rise during Ramadan in Middle East

TLDR:

• Cyber threats intensify in the Middle East during Ramadan, with increased DDoS, phishing, and ransomware campaigns.
• Endpoint protection firm Resecurity estimates up to $100 million in financial impact from cyberattacks during this year’s Ramadan.

The article discusses how companies in the Middle East bolster their cybersecurity defenses during the holy month of Ramadan, characterized by increased e-commerce activity and fraudulent activities. Security teams often operate with skeletal staffing during this period, which creates opportunities for cybercriminals to conduct fraudulent activities and scams. Endpoint protection firm Resecurity has observed a significant increase in cyber malevolence during Ramadan, estimating a financial impact of up to $100 million. The article emphasizes the importance of cybersecurity preparedness, with organizations enhancing their outsourced contracts and 24/7 security operations. Security professionals are advised to prioritize critical infrastructure, enhance security measures for email and corporate networks, and deploy remote and diverse workforces. Collaboration with law enforcement agencies, maintaining open communication channels, and promoting a culture of vigilance among employees are also recommended. Additionally, the article highlights the UAE Cybersecurity Council’s issuance of special advisories during Ramadan and the importance of maintaining robust cybersecurity measures year-round to safeguard against cyberattacks.