Intelligent CIO Middle East Issue 85 | Page 28

INFOGRAPHIC

Mimecast Report Highlights Ransomware Risk and Impact on UAE Organisations

Mimecast , an email and collaboration security company , has released its latest State of Ransomware Readiness 2 report , and revealed that ransomware has become a primary threat to organisations worldwide , with Middle Eastern companies not spared from the devastating impact of ransomware attacks .

The report found that 59 % of cybersecurity leaders in the UAE have seen the number of cybersecurity attacks increase or stay the same over the past year , with 39 % saying they ’ ve experienced significant downtime due to a ransomware attack .
Good fundamental security practices must be in place to reduce vulnerabilities .
Mimecast ’ s report is based on insights from 1,100 cybersecurity decision-makers in Australia , France , Canada , Germany , the Netherlands , the Nordics , Singapore , South Africa , the UAE , UK and US .
According to Werno Gevers , cybersecurity expert at Mimecast , business and security leaders see ransomware attacks as virtually inevitable . “ Seventyfive percent of businesses in the UAE reported they experienced a ransomware attack in the past year , ahead of a global average of 64 %. The consequences can be devastating : a third of UAE cybersecurity teams have experienced an increase in the number of absences due to burnout following an attack , while 23 % have seen changes in the C-suite due to a successful ransomware attack .”
The report further found that 44 % of UAE organisations have experienced a loss in revenue
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