Saudi organizations continue to face cyberattacks

The report explores the impact of cyberattacks and breaches on organizations and details how security teams are adapting to these challenges. (AFP)
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Updated 24 June 2021
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Saudi organizations continue to face cyberattacks

  • “Having an infrastructure that can provide a security operations center, with robust situational intelligence, will give context to threats and help prioritize potential targets and remediate risk with confidence”

JEDDAH: Saudi Arabia’s senior cybersecurity professionals and their organizations continue to face serious threats as nearly 93 percent of the 252 organizations surveyed in the Kingdom experienced a cyberattack in the past year, according to a report.
VMware, an American cloud computing and virtualization technology company, released the findings from the fourth installment of the Global Security Insights Report. It was based on an online survey of 3,542 chief information security officers (CISOs), chief information officers (CIOs), and chief technology officers (CTOs) in December 2020 from across the globe.
The average number of breaches suffered by each organization was 2.47 over the past year while 11 percent of respondents said their organizations had been breached between 5 to 10 times. The uptick in attacks was mainly due to more employees working from home, highlighting the vulnerabilities in legacy security technology and postures.
The report explores the impact of cyberattacks and breaches on organizations and details how security teams are adapting to these challenges. Accelerated digital transformation has caused security teams to face evolving threats as cybercriminals seize the opportunity to execute targeted attacks exploiting fast-tracked innovation and remote workforces.
In an online press conference, Ahmed El Saadi, VMware’s regional director of sales, Middle East, Turkey, and Africa, said that complexity is the enemy of security. It is an indication that organizations cannot see into the corners where personal mobile devices and home networks have been grafted to corporate distributed IT infrastructure through insecure technologies such as VPNs.
“It is vital that organizations gain visibility of their networks through cloud-based technologies such as Secure Access Services Edge (SASE),” El Saadi said.
“Having an infrastructure that can provide a security operations center, with robust situational intelligence, will give context to threats and help prioritize potential targets and remediate risk with confidence.”

HIGHLIGHT

The average number of breaches suffered by each organization was 2.47 over the past year while 11 percent of respondents said their organizations had been breached between 5 to 10 times. The uptick in attacks was mainly due to more employees working from home, highlighting the vulnerabilities in legacy security technology and postures. 

The Saudi Data and Artificial Intelligence Authority (SDAIA) and the National Information Center are doing a quite great job in this regard, he said, as they are using advanced cybersecurity technology to ensure secure services.
For his part, Saif Mashat, VMware’s country managing director, Saudi Arabia, said it is vital for organizations in the Kingdom to fully understand their security weaknesses if they are to improve their security posture.
“Many organizations surveyed are already using, or planning to use a cloud-first security strategy, and while they may encounter significant challenges related to cybersecurity, there is room for optimism,” Mashat told Arab News.
“By adopting an intrinsic, cloud-first approach to security, whereby security is built-in, and not bolted-on, organizations will be able to address challenges including ineffective legacy security technology and process weaknesses.”
He added that this will ensure companies in Saudi Arabia are better positioned for success in a fast-changing world, while also supporting the Kingdom’s ambitions to be a digital leader.
The report highlighted a shift that has undoubtedly changed the threat landscape, requiring security teams to transform their cybersecurity strategies and stay one step ahead of attackers.
The report also emphasized that key focus areas for the coming year must include improving visibility into all endpoints and workloads. Responding to the resurgence of ransomware, delivering security as a distributed service, and adopting an intrinsic approach to cloud-first security are also vital for a company’s security.
Moreover, 11 percent of all breaches were caused by ransomware, which continues to see a rapid escalation.
Ransomware has added an unwelcome tension as multistage campaigns involving penetration, persistence, data theft, and extortion are ramping up the pressure. Attackers are capitalizing on the disruption faced by remote workers and in most ransomware attacks, email continues to be used as the most common attack vector to gain initial access, the report said.
The message is being heard as 80 percent of respondents agreed they need to view security differently than they did in the past due to an expanded attack surface prompted by the coronavirus (COVID-19) pandemic. Apps also topped the list as the most vulnerable point on the data journey, but they are by no means the only area of concern.
The report also found that third-party apps are a common cause of breaches. Of the surveyed professionals, 78 percent said their ability to innovate as a business depends on them, so it is not surprising that security teams are focusing on sharpening their approach to consuming and developing them.
Some 46 percent of respondents said they plan to build more security into their infrastructure and apps and reduce the number of point solutions while 38 percent said they have adapted security to mitigate risk using existing assets.


Matcha lovers, anime fans flock to Japan Festival in Riyadh

Updated 5 sec ago
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Matcha lovers, anime fans flock to Japan Festival in Riyadh

  • Festival celebrates Japanese technology and products
  • Major car brands demonstrate new models

RIYADH: Thousands of people flocked to the Japan Festival held recently in Riyadh, which attracted businesspeople, matcha tea lovers, anime fans, and car enthusiasts alike.

Organized jointly by the Embassy of Japan, the Japan External Trade Organization, and the Japanese Society in Riyadh, the festival was held at the Saudi capital’s Cultural Palace and hosted around 8,000 visitors over two days.

A JETRO spokesperson told Arab News that more than a few Japanese have been keeping a close eye on Saudi Arabia’s future potential.

“For Japan, Saudi Arabia has been one of the most important trade partners due to two reasons. One is that Saudi Arabia has been the biggest exporter of crude oil to Japan and the other (is that) Saudi Arabia highly evaluates Japanese technologies, in particular transportation equipment,” the spokesperson said.

On Japan-Saudi exports, the JETRO spokesperson noted that Japanese exports to Saudi Arabia totaled $6.36 billion in 2023, up 25.2 percent from the previous year.

Of that total, transportation equipment accounted for 70.2 percent of total exports. Automobiles grew 31.3 percent to $4.25 billion, with passenger cars and buses/trucks growing 32.8 percent and 24.2 percent respectively.

Imports declined $34.78 billion, down 19.2 percent from the previous year. Crude oil and crude oil imports, which account for 95.7 percent of total imports, declined 17.9 percent to $33.3 billion due to lower crude oil prices and production cuts. In 2023, oil imports from Saudi Arabia accounted for 40.4 percent of Japan’s total.

Major car brands like Mitsubishi and Toyota were on display at the event, as well as several technology, beauty, art and recreational brands.

Trading house Itochu, and Kumon, the children’s educational network, were some of the big name brands participating in the event.

Stage performances showcased a number of Japanese cultural offerings including a drum performance by the students of the Japanese School in Riyadh, a martial arts demonstration, a tea ceremony, umbrella juggling, live painting, and performances of popular traditional and anime songs.

Guests were able to learn about Japanese tourism, play with traditional toys, learn origami, and try on a Japanese kimono or yukata.

Visitors were also educated on Japanese tourism, and enjoyed traditional Japanese toys, calligraphy and craft workshops.

In the booth area, Japanese industrial products with cutting-edge technology and Japanese cars from major brands were displayed.


Camel organization welcomes Saudi HQ approval

Updated 3 min 45 sec ago
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Camel organization welcomes Saudi HQ approval

RIYADH: The International Camel Organization welcomed the Saudi Cabinet’s decision to approve a headquarters agreement between the Kingdom’s government and the organization.

The decision reflects Saudi Arabia’s ongoing support for the camel sector and its efforts to elevate its role internationally, the Saudi Press Agency reported.

Fahd bin Falah bin Hathleen, chairman of the camel organization, expressed his gratitude for the Cabinet’s decision.

He said: “The organization has worked over the years to develop strategies and policies to promote the global camel economy. These efforts aim to advance rural and desert communities, preserve heritage and culture, foster scientific research, and encourage camel-related sports that attract global interest.

“Additionally, we have organized international events, expanded partnerships with global organizations, and prioritized camel welfare, health, and regulations governing their movement.”

Bin Hathleen said that the Saudi Cabinet’s decision underscores the government’s commitment, under King Salman’s leadership, to strengthening the organization’s role and enhancing international cooperation in the camel sector.

He noted that the decision aligns with Saudi Vision 2030, which aims to foster sustainable development, support key sectors, and boost international collaboration to benefit camel breeders and owners locally, regionally, and globally.

This achievement also supports the Year of the Camel and the International Year of the Camelids 2024 initiatives, which are designed to highlight the untapped potential of the animals, SPA reported.

These initiatives advocate for increased investment, further research, capacity-building, and the adoption of innovative practices and technologies in the camel sector.


3rd Global Conference for Giftedness and Creativity underway in Riyadh

Updated 25 November 2024
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3rd Global Conference for Giftedness and Creativity underway in Riyadh

  • More than 300 talented individuals and local and international speakers from over 50 countries were attending the three-day conference

RIYADH: The third edition of the Global Conference for Giftedness and Creativity opened in Riyadh on Sunday, bringing together a select group of experts and talented individuals in science, technology, and innovation.

More than 300 talented individuals and local and international speakers from over 50 countries were attending the three-day conference, which was inaugurated by Prince Faisal bin Bandar bin Abdulaziz, governor of Riyadh region, the Saudi Press Agency reported.

Organized by the King Abdulaziz and His Companions Foundation for Giftedness and Creativity, also known as "Mawhiba," the conference is being held at the King Abdullah Petroleum Studies and Research Center (KAPSARC) until Tuesday.

Themed "Beyond Creative Minds," the conference aims to showcase the potential of the gifted, develop a comprehensive care system to support them, bolster integration and strategic partnerships, and enhance opportunities for global exchange and cooperation.

An exhibition and various cultural visits are being held on the conference sidelines, the SPA report said.

According to the Mawhiba site, the conference reflects the success achieved in the two previous editions, and "provides an opportunity for partners to contribute to sponsoring the journey of talented people from different countries of the world."

 

 


Saudi-European talks to strengthen cooperation in environmental fields

Updated 25 November 2024
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Saudi-European talks to strengthen cooperation in environmental fields

  • Saudi minister, EU security and political officials discuss reinforcing existing work on coping with climate change

RIYADH: Saudi Minister of State for Foreign Affairs Adel Al-Jubeir met with European officials on Sunday in Riyadh, Saudi Press Agency reported.

Al-Jubeir, who is also the Saudi climate envoy, held talks with Delphine Pronk, chair of the EU Political and Security Committee, and Luigi Di Maio, EU special representative for the Gulf region.

They discussed issues surrounding climate change and environmental cooperation between Saudi Arabia and the EU, as well as ways in which existing cooperation on tackling climate change could be strengthened. They also talked about the recent development in foreign policy in Europe and the Middle East.

Saudi Arabia maintains a strong dialogue with the EU, with both parties sharing views on several foreign policy issues, including the Saudi-led Arab Peace Initiative for the Middle East.

The EU and Saudi Arabia are also linked through trade relations, with the EU becoming the Kingdom’s second main trading partner after the volume of trade exchange between Riyadh and Brussels peaked at $80 billion in 2023.


Saudi FM arrives in Italy to attend G7 ministerial meeting

Updated 24 November 2024
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Saudi FM arrives in Italy to attend G7 ministerial meeting

RIYADH: Saudi foreign minister Prince Faisal bin Farhan arrived in Italy on Sunday to participate in an expanded ministerial meeting of the Group of Seven (G7) countries in Fiuggi, Saudi Press Agency reported. 

The meeting will discuss the current situation in the Middle East, SPA added.

During his stay in Fiuggi, Prince Faisal will hold a number of discussions that will address regional and international issues.