Local Business
Logo
 

Gulf states are prone to targeted cyber attacks

Abdul Basit Chief Reporter
Filed on April 30, 2015

FireEye has invented a purpose-built, virtual machine-based security platform that provides real-time threat protection to enterprises and governments worldwide against the next generation of cyber attacks.

Dubai -— In today’s world, it’s equally important for a country to protect cyberspace like land and sea, according to a senior executive of FireEye.

FireEye has invented a purpose-built, virtual machine-based security platform that provides real-time threat protection to enterprises and governments worldwide against the next generation of cyber attacks.

“The UAE has been one of the first countries to promote the importance of cyber security in the Middle East,” Elias Matta, FireEye enterprise account manager for Qatar, Bahrain and the UAE, told Khaleej Times on the sidelines of the third edition of Gulf Information Security & Expo (Gisec), which concluded here on Tuesday.

A robot invention is displayed during the Gisec exhibition, which ended in Dubai on Tuesday. — KT photos by Shihab

“In GCC, we have seen big target attacks mainly because of wealth in addition to other political reasons,” Matta informed. “We have seen more than 97 per cent of cases where companies have already been compromised globally, including in this region,” he said.

In 2013, FireEye discovered 11 sophisticated attacks out of 13 that happened globally. “We didn’t miss the other two as they were Mac-based,” he added.

There are a lot of companies which can protect customers from known threats but FireEye can protect from unknown, sophisticated attacks, he said.

FireEye’s unit is investigating last year’s Sony hack. Sony Pictures Entertainment was a victim of the worst known cyber attack in corporate history on November 24, 2014. FireEye’s Mandiant incident response unit was called in to help the company investigate the attack and begin the process of recovery.

Recently, FireEye released a new intelligence report: ‘Apt 30 and the mechanics of a long-running cyber espionage operation;. The report provides intelligence on the operations of Apt 30, an advanced persistent threat (APT) group most likely sponsored by the Chinese government.

Conducting cyber espionage since at least 2005, Apt 30 is one of the longest operating groups that FireEye tracks. The group has consistentently targeted Southeast Asia and India, with targets including seven countries. In addition, Apt 30’s attack tools, tactics and procedures (TTPs) have remained consistent since inception — a rare finding as most Apt actors adjust their TTPs regularly to evade detection.

Visitors getting a demonstration of Cisco’s security lockers at the company’s pavilion at Gisec

Advanced threat groups like Apt 30 show that state-sponsored cyber espionage affects a variety of governments and corporations across the world.

“Given the consistency and success of Apt 30 in Southeast Asia and India, the threat intelligence on Apt 30 we are sharing will empower the region’s governments and businesses to quickly begin to detect, prevent, analyse and respond to this established threat,” according to FireEye.

Analysis conducted on Apt 30’s malware reveals a methodical approach to software development similar to that of established technology businesses — an approach that aligns closely with diplomatic, political, media and private sector environments they intend to breach.

— abdulbasit@khaleejtimes.com


ERROR: Macro /ads/dfp-ad-article-new is missing!
MORE FROM Business
MORE FROM Khaleej Times
CurrentRequestUnmodified: /business/local/julphar-eyes-dh-1.4b-sales-looks-for-major-expansion-8232 macro_action: article, macro_profile: , macro_adspot:
 
 
 
 
 
KT App Download
khaleejtimes app

All new KT app
is available
for download:

khaleejtimes - android khaleejtimes - ios