Tom Kellermann - head of cybersecurity strategy - VMware - fifth annual Modern Bank Heists report -financial industry - Cybercriminals - techxmedia

Cybercriminals increasingly targeting financial industry, reveals VMware

The report also discovered that once cybercriminals gain access to a financial organization, they are no longer looking for wire transfers or capital, as was previously assumed. Cybercriminal cartels are now looking for non-public market data such as earnings estimates, public offerings, and significant transactions. In fact, two out of every three (66 percent) financial institutions were subjected to attacks aimed at market strategies.

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UAE SMEs - Dubai SME - McLedger - official accounting partner - techxmedia

Dubai SME appoints McLedger as official accounting partner for UAE SMEs

“In line with the Dubai government’s vision for SMEs, McLedger is strategically positioned to drive the required change in finance and accounting sector by offering SMEs a cost-effective and secure digital bookkeeping platform. McLedger enables SMEs to become more agile and innovative in their product development and service delivery by combing innovation and creativity. ,” said Mr. Ahmad Al Moosa.

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