Dubai SMEs need to bring measures to curb cyber security attacks

Dubai - It may be recalled during the visit of Prime Minister Narendra Modi in August 2015, both India and UAE agreed to promote cooperation in cyber security.

Cyber security is one of the prime area of concern globally and Dubai's small and medium enterprises should look into introducing measures to curb them, said General Bikram Singh, (retired) former chief of the Indian army.
"The loss for the global economy for the corporate sector is estimated close to $360 billion in 2015. The cyber measures need to be indepth protecting the businesses and all its security aspects," said Singh who was in Dubai to deliver a lecture on ' Building Trusted Brands: Role of Strategic Leaders'. 
The Indian army is one of the most trusted brands which enjoys the consistency of delivering results. The army chief demonstrated some basic common business fundamentals both between Indian army and Dubai SME sector where strategic leadership is the common thread and that needs to be enhanced.
Further, Singh touched on  topics like finance protection, time management, relationships, structures, admin, leadership, change, technology and innovation.
It may be recalled during the visit of Prime Minister Narendra Modi in August 2015, both India and UAE agreed to promote cooperation in cyber security.
When asked Singh, on how both UAE and India will benefit from joint dialogue to exchange defence expertise, ties, he said: "We are engaging the armies of the immediate neighbourhood in a very meaningful manner and this is purely done from the point of view of developing joint capabilities to deal with future challenges it could be in form of training, exchange of intellIgence to learn from each other and augment the military component to ensure peace and stability in the region," said Singh.
 Kulwant Singh, chief executive officer and managing director of  Lama & Carfare Groups and president of Indian Business and Professional Council, said: "Dubai SME's are and will remain vital backbone to UAE economy, adapting right business fundamentals become very critical for our growth as we are in age of innovation. Dubai being now a smart city we have to keep ourselves abreast with changes that can affect us both in long and short term."
sandhya@khaleejtimes.com

• UAE