Al Mulla Ex­change con­ducts cybercrime and pro­tec­tion sem­i­nar

Kuwait Times - - Technology -

KUWAIT: The ad­vent of new tech­nolo­gies and an ecosys­tem of dig­i­tal in­cor­rect­ness has en­abled an in­crease in the vol­ume of cybercrime. To­day, any­one can be a vic­tim of cybercrime be it in­di­vid­u­als or com­pa­nies. Keep­ing cus­tomer safety as a pri­or­ity Al Mulla Ex­change or­ga­nized a sem­i­nar on Cybercrime and Pro­tec­tion on 13th Novem­ber 2017 at Hol­i­day Down­town Ho­tel.

The event be­gan with a wel­come note from Praveen Singh, Divi­sional Gen­eral Man­ager of Al Mulla Ex­change who high­lighted that ac­cord­ing to sta­tis­tics avail­able world­wide the global costs of cybercrime will reach $2 tril­lion by 2019, a three­fold in­crease from the 2015 es­ti­mate of $500 bil­lion and thus it is im­per­a­tive that CEOs, busi­ness own­ers, and de­ci­sion mak­ers are highly vig­i­lant.

The speaker for the evening was Sourabh Sharma, Di­rec­tor at Ernst and Young, Kuwait, who gave his valu­able in­puts on the cur­rent pre­vail­ing cy­ber threats and how it is af­fect­ing busi­nesses glob­ally. He shared some live ex­am­ples and case stud­ies to the au­di­ence mak­ing it quite sim­ple for them to grasp the de­tails of the pre­sen­ta­tion. He also pro­vided sim­ple but ef­fec­tive tips on ways to counter e-crime and em­pha­sized best prac­tices on pass­words se­cu­rity, email se­cu­rity, stor­age se­cu­rity and mal­ware pro­tec­tion.

The sem­i­nar was fol­lowed by a Ques­tion & An­swer ses­sion where each of the au­di­ence ques­tions were an­swered in de­tail. The cus­tomers thanked Al Mulla Ex­change for or­ga­niz­ing such an in­for­ma­tive ses­sion which en­light­ened them with the cur­rent sit­u­a­tion and on ways of how to com­bat cybercrime.

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