Hacking: potentially a new kind of war in the Middle East

Monday, 17 November 2003, 7:03 AM EST

The Middle East accounts for just over 1 per cent of hacking globally a statistic about unauthorized breaking into computer systems that may not necessarily jolt you. But take a closer look. In the United Arab Emirates alone, hacking in the first six months of this year grew 300 percent over the last six months of 2002.

Just one hacking incident the ATM fraud earlier this year, meant the country lost between $2 billion and $3 billion. The hacking group which got access to bank computers storing user IDs was later traced to Indonesia. But with no cyber laws in place in many developing countries, bringing the perpetrators to justice is unlikely.

The countries of the Gulf Cooperation Council, including Saudi Arabia, are now holding meetings to put together a cyber law. The law will enable the Gulf Arab countries to cooperate with one another in dealing with cyber crime. European countries already have a cooperation agreement among themselves on this issue. And so do Europe and the US.

[ Read more ]




Spotlight

Operation Pawn Storm: Varied targets and attack vectors, next-level spear-phishing tactics

Posted on 23 October 2014.  |  Targets of the spear phishing emails included staff at the Ministry of Defense in France, in the Vatican Embassy in Iraq, military officials from a number of countries, and more.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Fri, Oct 24th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //