Cybercrime: A Middle East Perspective

Analysis

This article provides an overview of data privacy in the UAE, explores the risks that companies face in relation to data loss by reference to case studies from the region and provides practical suggestions as to how businesses might seek to mitigate their exposure to risks of cybercrime.

In an era where we have increasingly put more of our lives and businesses online, individuals and businesses face new challenges protecting their information and reputation in the form of cybercrime. For individuals there is the threat of viruses, identity theft and cyber stalking.  For businesses, there is the fear their systems can come under attack, either externally or by negligent and malicious acts of their employees or third parties, putting vital data and reputations at risk.

Pricewaterhouse Coopers' (PwC) Global Economic Crime Survey of 2011 highlighted cybercrime as a serious emerging risk and threat to businesses the world over.  The Middle East is no exception.  Indeed, one need only refer to the cyber-attack suffered by Saudi Aramco in August 2012 to note this worrying trend.