From The Sip Trunking Experts

TMCNet:  Cyber crime a growing threat to UAE firms [CommsMEA (United Arab Emirates)]

[September 16, 2013]

Cyber crime a growing threat to UAE firms [CommsMEA (United Arab Emirates)]

(CommsMEA (United Arab Emirates) Via Acquire Media NewsEdge) Abu Dhabi Police has warned UAE businesses of a surge in attacks by international hackers, urging them to use safe and modern protection software, and abstain from sending business correspondence using personal email accounts.

Colonel Dr Rashid Borshid, director of the Criminal Investigation Department (CID), revealed that online criminals are hacking into company email accounts to discover when financial claims are due, the WAM news agency reported.

Attackers then set up fake email accounts in order to lure companies into revealing their bank details and other confidential financial information.

As part of the Abu Dhabi Police's awareness-raising initiative to combat cybercrime, Colonel Borshid called on all businesses not to solely rely on routine electronic correspondence for their transactions and payments, particularly when the other party unexpectedly provides new bank account numbers.

"International hacking can be combated by using accredited and reliable anti-virus software, regularly changing their passwords, and updating secure operating systems and reliable applications continuously," he recommended.

"The world is hyper-connected, and once a malware genie is out of the bottle it cannot be put back," Eugene Kaspersky, the co-founder of Kaspersky Lab, and one of the world's foremost cyber security experts, told Arabian Business in a feature published this week.

"It will attack computers in MENA, in Europe, South America — basically every computer having a similar OS, software and vulnerabilities as the initial victim. So the whole world is a hotbed for modern cyber criminals. I would even say it's a cyber criminals' paradise." In just a few decades internet crime has escalated from mischievous individual hackers sending mostly email-linked viruses affecting a relatively small number of PCs to all-out government-funded operations with targets as big as nuclear facilities and military operations.

And the Middle East is becoming a hotbed for harvesting cyber criminals as well as a major target.

Continues on next page [[page-break]] "Over the last year [the Middle East] has been one of the highest [cyber crime active regions] we've seen in the world," the president of McAfee for Europe, the Middle East and Africa, Gert-Jan Schenk, said.

"Also with all the geopolitical events that clearly drives a lot of cyber crime and cyber war activities." The need for permanent expertise in the region was highlighted in August last year when a virus dubbed Shamoon wiped clean nearly 30,000 computer hard drives at Saudi Aramco, the national oil company of the world's largest oil producer, Saudi Arabia.

The attack, which failed to disrupt production but was one of the most destructive hacker strikes against a single business, forced Aramco to shut its main internal network for more than a week.

The region was also recently hit by a global cyber crime ring that stole $45m from the Bank Muscat and National Bank of Ras Al Khaimah (RAKBANK) in what was one of the largest-ever bank heists.

By hacking into credit card processing firms, the group managed to withdrew money from ATMs in 27 countries simultaneously.

US authorities say the group operated from New York and their "surgical precision", global operations and speed proved the sheer sophistication of cyber criminal gangs.

"In the place of guns and masks, this cyber crime organisation used laptops and the internet," US attorney Loretta Lynch said after the May attack.

"Moving as swiftly as data over the internet, the organisation worked its way from the computer systems of international corporations to the streets." Cyber crime is estimated to have caused $388bn worth of global losses in 2011, according to a white paper published by financial services firm First Clearing, as well as online security firm Norton.

(c) 2013 ITP Business Publishing Ltd. All Rights Reserved. Provided by an company

[ Back To SIP Trunking Home's Homepage ]

Subscribe here for your FREE
SIP TRUNKING enewslettter.

Featured Partner

Featured Whitepapers

SIP Security for the Enterprise
Voice over IP (VoIP) is incorporated into a variety of computer networks, both public and private, and used for everyday transactions and communications among carriers, businesses, government agencies...

Making A Broadband Purchase Decision
Businesses today have many options for broadband connectivity. Clarifying your particular business needs prior to selecting a broadband provider will ensure an optimal match of broadband service to your requirements.

Voice-Optimized Network Delivers Premier Call Experience
Customers equate call quality with business quality. Real-time communication, interpersonal interaction, and the cordial tone of a call center representative can create a positive impression of your business that no email can match.

Featured Case Studies

Business Telecom Expenses Reduced 50%
A small to medium sized company in the midwest was interested in migrating to IP Communications, but in today's economy, they were hesitant to upgrade their communication system due to their perception that the cost would outweigh the benefits.

Multi-State Company Cuts Telecom Costs 50%
A multi-site, multi-state company with extensive monthly long distance fees and toll-free charges did not have adequate broadband for Broadvox SIP Trunking requirements, nor did they have a SIP enabled telephone system.

Discover Leisure Connects Remote Users to its IP-PBX
Discover Leisure is one of the largest resellers of caravans and motor homes in the UK. With 15 branch of?ces all over the country, the company spent a great deal of money every month just on internal phone calls.

Featured eBOOKS

Internet+: The Way Toward Global Unified Communication
Connecting the telephony of the enterprise PBX or Unified Communications (UC) system using SIP trunks instead of conventional telephone lines has been very successful in recent years.

What is SIP Trunking? Edition 2
SIP trunking is becoming more of a focus for service providers. One key issue many service providers face when deploying SIP trunks is NAT, or Network Address Translation, traversal.

What is SIP Trunking? Edition 1
A vast resource for information about all things SIP - including SIP, security, VoIP, SIP trunking and Unified Communications.

Featured Videos

Broadvox VAR Testimonial VAR 1:
Part 1 of the VAR (Value Added Reseller) Partner Program Testimonials for Broadvox...

E-SBCs AS The Demarcation Point:
Ingate's Steve Johnson talks to Erik Linask about the role session border controller plays as the demarcation point at...

Demystifying DPI
How can deep packet inspection protect your SIP traffic as well as your entire network?

Featured Resources

Partner Program Overview:
Over 4,000 VARs, Master Agents, Solution Providers, and Independent IT Professionals trust Broadvox. We offer customized services and solutions to fit seamlessly into any company's business model. And when you partner with Broadvox, every member of our team stands behind you and your customers 100%...

SIP Trunk UC Summit

What's New

Presenting the New Ingate/Intertex Website:
Internet+ is an extended Internet access allowing high quality SIP (Session Initiation Protocol) based real-time person-to-person communication, everywhere and for any application. It applies to both fixed and mobile networks ...

Featured Blogs

Featured Webinars

Secure SIP Trunking:
What You Need to Know

Successfully Deploying Enterprise SIP Trunking:
Tools and Techniques for Overcoming Common Roadblocks

Featured Podcasts

Getting the Most Out of Your SIP Trunks:
Ingate's Steve Johnson and TMC's Erik Linask discuss how best practices forgetting the most out of SIP Trunking services and common pitfalls to avoid.

Featured Datasheets

Ingate SIParator E-SBCs
Adopting SIP is a simple process with the Ingate SIParator, the secure enterprise session border controller (E-SBC). The SIParator makes secure SIP communications - including VoIP,SIP trunking and more - possible while working seamlessly with your existing network firewall.

Ingate Firewalls
Everyone is talking about enterprise usage of VoIP, instant messaging and other types of realtime communications including presence and conferencing.

SIP Trunk Solutions for Service Providers
The award-winning Ingate Firewall and Ingate SIParator deliver a high quality, reliable SIP trunk connection between the customer's IP-PBX and the service provider network, and solve interoperability issues to simplify deployments and support for remote diagnosis of reported issues.