Saudi Arabia target No. 1 for hackers

November 25, 2014

Jeddah, Nov 25: Saudi Arabia tops the list of countries impacted by advanced targeted cyber attack in META (Middle East, Turkey and Africa) computer networks, accounting for 30.1 percent of the total attacks in the region during the first half of this year, said a report issued by FireEye, a leader in cyber security.hacker

Turkey came second with 29.5 percent, followed by Qatar at 16 percent and the UAE at 7.1 percent. “Motivated by a variety of objectives the threat actors are evolving their level of sophistication to steal personal data and business strategies,” the report said.

FireEye stated that the number of unique infections has been considerably growing in META, nearly doubling between January through June 2014. “We believe advanced cyber attacks often focus on specific verticals, rather than specific countries. Government, financial services and energy verticals represent almost 75 percent of the total advanced persistent threat (APT) malware detections in META,” the report said.

“FireEye has warned for several years now, that 95 percent of businesses unwittingly host computers compromised by unwanted malicious software,” said Ray Kafity, vice president of the organization.

The world of cyber attacks features a broad spectrum of malicious actors. “On one end, highly focused state-sponsored attackers use custom tools and zero-day exploits. On the other, less sophisticated cyber criminals use widely deployed exploit kits that indiscriminately compromise thousands of computer systems around the globe,” said Kafity.

In a related development, security firm Symantec said Monday that a highly sophisticated cyber spying tool has been used since 2008 to steal information from governments, businesses and others.

The malware, known as Regin, was seen “in systematic spying campaigns against a range of international targets,” including governments’ infrastructure operators, businesses, researchers and private individuals.

The malware shares some characteristics with the Stuxnet worm — a tool believed to have been used by the US and Israeli governments to attack computer networks involved in Iran’s nuclear program.

Because of its complexity, the Symantec researchers said in a blog post that the malware “would have required a significant investment of time and resources, indicating that a nation state is responsible.”

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News Network
April 12,2020

Apr 12: Parents in Abu Dhabi affected by the Covid-19 situation can seek help from the authorities in paying off their children's school fees, it was announced on Sunday.

The Abu Dhabi Media Office took to Twitter to announce the reprieve. The Authority for Social Contribution - Ma'an and Abu Dhabi Department of Education and Knowledge (Adek) "will support parents with children attending private schools in #AbuDhabi who are affected by the current economic challenges, by paying school fees or providing devices for distance learning".

The move is part of the 'Together We Are Good' programme which aims to support residents impacted by the Covid-19 coronavirus crisis in the country.

"Parents can call the toll-free helpline on 800-3088 or register their request at http://togetherwearegood.ae. The closing date for fee assistance applications is 23rd April 2020," the media office tweeted.

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News Network
January 12,2020

Dubai, Jan 12: Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called "greenshoe option" to sell millions more shares to meet investor demand.

The company said that the sale of an additional 450 million shares took place during the initial public offering process.

The oil and gas company, which is majority owned by the state, began publicly trading on the local Saudi Tadawul exchange on December 11. It hit hit upwards of $10 a share on the second day of trading. This gave Aramco a market capitalization of $2 trillion, making it comfortably the world's most valuable company.

Aramco's additional sales mean the company has publicly floated 1.7% of its shares. It's IPO, even before the added sales, was the world's largest ever.

The shares sold in the over-allotment option "had been allocated to investors during the book-building process and therefore, no additional shares are being offered into the market today," Aramco said.

Company shares traded down on Sunday, dipping to around 34.7 riyals, or $9.25 a share, amid heightened tensions in the Persian Gulf between Iran and the United States. Aramco was a target of rising tensions over the summer when a missile and drone attack, which Saudi Arabia and the US blame on Iran, temporarily halved its production.

Sunday's trading figures value Aramco at $1.85 trillion, still well ahead of Apple, the second largest company in the world after Aramco, but below the $2 trillion mark sought by Crown Prince Mohammed bin Salman.

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Agencies
July 2,2020

With the launch of the Emirates Mars Mission less than a couple of weeks away, the spacecraft that will carry the UAE's Hope Probe to outer space has already been fuelled, it was announced today.

At a virtual briefing by the Mohammed bin Rashid Space Centre (MBRSC) today, the media was informed that scientists are busy giving finishing touches to the Hope Mars Mission, which will give mankind a complete picture of the Martian atmosphere once the UAE's indigenous probe reaches the Red Planet's orbit in 2021.

As the monitoring continues, final charging of the batteries is also ongoing, scientists said.

The space engineers averred that with this mission, the momentum in the region for space awareness will continue not only among young Emiratis but also among other youngsters in the Arab world.

The Hope Probe is scheduled to take off from Japan's Tanegashima Space Centre on July 15 at 00:51:27 UAE time.

The first Arab space mission to the Red Planet remained on track despite the challenges arising from the Covid-19 pandemic.

The spacecraft will provide the first global pictures of the Martian atmosphere and data will be shared freely with over 200 research centres across the world. It will help answer key questions about the global Martian atmosphere and the loss of hydrogen and oxygen gases into space over the span of one Martian year.

450 engineers, technicians and experts are involved in the project.  This comprises of 12,000 tasks in 6 years and entails 5.5 million working hours.

It includes 200 new technologies and 15 scientific partnerships with global universities and institutions.

The spaceship will travel 495 million km. It has a cruise speed of 121,000km/hour.

MBRSC is responsible for the execution and supervision of all stages of the design, development and launch of the Hope Probe. The UAE Space Agency is funding and supervising procedures and necessary details for the implementation of this project. After its launch in mid-July and following a journey of several months, the probe is expected to enter the Red Planet's orbit in 2021, coinciding with the Golden Jubilee of the Union.

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