An overview of Cybersecurity Issues faced by the Fintech Industry
With so many digital wallet options, Fintech Cybersecurity Risks like fraudulent transactions, extortion, denial of service attacks, and credit card fraud have increased. These cyberattacks are powerful enough to put the financial sector at systemic risk. Some of the most well-known cyberattacks the financial sector has seen to date have ... Read More
Effect of Hyperscale Cloud on SMEs and Startups in the UAE
The United Arab Emirates (UAE) is making considerable strides toward economic diversification. Startups and SMEs are expected to assume the role of the country’s future economic engine, as they already make up around 60% of the UAE’s non-oil GDP, and this percentage is anticipated to rise over the next few ... Read More
Evolving threats and broadening responses to Ransomware in the UAE
Following the COVID-19 outbreak, cyberattacks spread through the Middle East, making both public and private institutions very susceptible and turning the pandemic into a physical as well as a digital menace. Despite physical isolation on a global scale, more people were connected online than ever before, greatly increasing the attack ... Read More
UAE businesses are increasingly utilizing cloud-based applications
Organizations all around the UAE are boosting their digital initiatives and adopting cloud-based tools to support their workforce. However, there are obstacles to achieving this. As data travels back and forth between corporate networks and the cloud, organizations continue to encounter challenges with inadequate migration capabilities, managing multi-cloud complexity, unexpected ... Read More
Changing Market Trends Due To Adoption of Cloud Computing In Turkey
The Turkey Cloud Computing market is anticipated to expand at a CAGR of 21.5% throughout the projected period (2022–2028). The market expansion has been significantly supported by increasing internet usage and the spread of smart devices across the nation. Moreover, to satisfy the 5G standards in the country, the government ... Read More
How the Middle East Transformation goals are affected by Cloud Computing
Over the past few years, cloud adoption has been increasing in the Middle East as more organizations move their data to the cloud. The region is going through an economic transition as many countries undertake smart city programs, modernize their national visions, and develop their digital economies. In nations like ... Read More
Three business trends that will determine how cloud technology develops in the UAE
Businesses are quickly adopting cloud computing services across all industries from BFSI and IT to the energy and utility sectors. The demand for edge computing and data centers has increased due to the development of smart cities in Saudi Arabia and the United Arab Emirates. As we get closer to ... Read More
The six most damaging mistakes in cloud economics to avoid
The cloud has tremendous value potential, but only for businesses that understand—and adapt to—the realities of cloud economics. Although businesses may be migrating to the cloud, their mentality is still anchored in the legacy world of on-premises computing. With commercial and financial models built on decades-old traditional IT practices that ... Read More
How To Make Your Cloud Transformation Recession-Proof
Consider Hiring Services Rather Than People All of the macroeconomic indications are pointing to the impending recession we are slipping into, which is unquestionably on the minds of every executive right now. For instance, interest rate expectations jumped abruptly as a result of inflation reaching 40-year highs. The market has ... Read More
ZERO TRUST SECURITY : A New Perspective on Cybersecurity
With an Internet connection comes the fear of getting our data breached. Cyber attacks have become the new norm in recent years. According to Cybersecurity Ventures, global cybercrime costs will increase by 15% per year over the next five years, reaching USD 10.5 trillion annually by 2025, up from USD ... Read More