Cyber attacks are expected to rise over the coming month as Christmas online shopping gets under way.
Experts have warned that cybercrime is likely to increase as more people prioritise online shopping over in-store purchases due to the Covid-19 pandemic.
People must be on full alert and become “cyber fit” to protect themselves from the threat posed by cybercriminals in the run-up to the New Year.
Seasonal themed email-based attacks are likely to be high during this festive period
“Seasonal themed email-based attacks are likely to be high during this festive period,” said Vijay Chandnani, executive director of Techware Services and Solutions.
“You have Diwali and Christmas in quick succession. As the festive season approaches, buying trends today are more tilted towards e-commerce and online shopping rather than in-store purchases.
“Attacks on individual shoppers are likely to be higher, especially now that more people are working remotely during the pandemic and some are not on secure networks. I would not be surprised if the attacks are 10-15 per cent higher this year.”
The UAE has already reported a significant increase in the number of cyber attacks since the pandemic began.
Dubai Future Foundation said there was a 600 per cent increase in the number of phishing emails that hoped to lure users into giving up sensitive data from February to June.
The National spoke to a number of cyber security experts who offered readers tips to help keep the online criminals at bay.
Set strong and varied passwords
Strong passwords are key when keeping personal data safe, said Candid Wüest, vice president of tech firm Acronis.
“You need to use a strong password and have a different one for each service that you have,” he said.
“Don’t use the same password that you would use on your Twitter account for your email account or online banking.
“If you cannot remember all the different passwords then make use of a password manager, there are many free apps on phones and laptops that you can use for this.”
Look out for dodgy emails
He said consumers needed to be fully alert when receiving emails with offers that seemed too good to resist.
“You have to be vigilant and be cyber fit and by that I mean you need to show good judgment when you getting an email with a deal that’s too good to be true,” he said.
“You can’t let greed cloud your better judgment and think twice before responding with personal information.”
Some of the most popular scams at the moment from cybercriminals are offers involving the latest model of the iPhone and the new PlayStation 5.
Mr Wüest said his company had noticed a 400 per cent increase in the number of remote desktop protocol cyber attacks in Q2 of 2020, compared to the same period in 2019.
These attacks, if successful, allow criminals to access a computer and operate Windows on a device in another location.
“We are expecting to see those numbers increase over Christmas as there will be even more people shopping online,” he said.
Be mindful of your Wi-Fi connection
Mr Wüest urged consumers to be careful about which Wi-Fi connection they use when making online transactions.
“If you are on a public Wi-Fi like in a mall or an airport don’t do anything sensitive like banking as a lot of these networks can be compromised,” he said.
“It’s a lot safer to do it through the 4G on your mobile phone or use a VPN.
“It might even be better to wait a few minutes and just do it at home.”
Other experts said there were a number of methods people could use to reduce the risk of being scammed by cybercriminals.
Use a credit card, not a debit card
“I would recommend not purchasing any merchandise online with a debit card and minimise any direct credit card usage,” said Morey Haber, chief technical officer with BeyondTrust.
“Make online purchases with a third party proxy like PayPal or Apple Pay that is linked to a credit card or debit card to provide an extra layer of financial protection.
“I would also recommend not allowing the merchant to save your payment information for future usage.”
How an individual pays for their transactions online is another crucial factor in minimising the likelihood of falling foul of cyber crime.
Consider using a mobile app
“Something that consumers don’t realise is that websites are not as secure as mobile apps,” said Matt Walmsley, director for the EMEA region with tech company Vectra.
The FBI put out a warning in the US last year about e-skimming. This involves attackers hacking websites of prominent retailers and compromising the back end to steal consumer credit card information.
“That is a problem with websites but not in mobile apps,” said Mr Walmsley.
“So, in so much as is possible, use retailer mobile apps for online shopping.”
Look out for fake websites
Cybercriminals are also stepping up their efforts by creating fake websites that appear to belong to popular international retailers, hoping to trick consumers into entering sensitive personal details.
“Cybercriminals create a copy of a web page that looks exactly like the landing page of popular streaming platforms and retailers,” said Maher Yamout, senior security researcher with Kaspersky.
“Sometimes, cybercriminals also create new landing pages that provide users with free access in exchange for their credentials or bank account details.
“To an untrained eye, they will not be able to distinguish between a legitimate website and one disguised as a phishing website.
“Internet users must stay vigilant while browsing the internet for their favourite TV shows or buying things online,” he added.
LA LIGA FIXTURES
Friday Athletic Bilbao v Celta Vigo (Kick-off midnight UAE)
Saturday Levante v Getafe (5pm), Sevilla v Real Madrid (7.15pm), Atletico Madrid v Real Valladolid (9.30pm), Cadiz v Barcelona (midnight)
Sunday Granada v Huesca (5pm), Osasuna v Real Betis (7.15pm), Villarreal v Elche (9.30pm), Alaves v Real Sociedad (midnight)
Monday Eibar v Valencia (midnight)
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
MATCH INFO
Asian Champions League, last 16, first leg:
Al Jazira 3 Persepolis 2
Second leg:
Monday, Azizi Stadium, Tehran. Kick off 7pm
Packages which the US Secret Service said contained possible explosive devices were sent to:
- Former first lady Hillary Clinton
- Former US president Barack Obama
- Philanthropist and businessman George Soros
- Former CIA director John Brennan at CNN's New York bureau
- Former Attorney General Eric Holder (delivered to former DNC chair Debbie Wasserman Schultz)
- California Congresswoman Maxine Waters (two devices)
MATCH INFO
Crawley Town 3 (Tsaroulla 50', Nadesan 53', Tunnicliffe 70')
Leeds United 0
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
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Race card
1.45pm: Maiden Dh75,000 1,200m.
2.15pm: Maiden Dh75,000 1,200m.
2.45pm: Handicap Dh95,000 1,200m.
3.15pm: Handicap Dh120,000 1,400m.
3.45pm: Handicap Dh80,000 1,400m.
4.15pm: Handicap Dh90,000 1,800m.
4.45pm: Handicap Dh80,000 1,950m.
The National selections:
1.45pm: Galaxy Road – So Hi Speed
2.15pm: Majestic Thunder – Daltrey
2.45pm: Call To War – Taamol
3.15pm: Eqtiraan - Bochart
3.45pm: Kidd Malibu – Initial
4.15pm: Arroway – Arch Gold
4.35pm: Compliance - Muqaatil
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COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
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Four reasons global stock markets are falling right now
There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:
1. Rising US interest rates
The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.
Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”
At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.
2. Stronger dollar
High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.”
3. Global trade war
Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”
4. Eurozone uncertainty
Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.
Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”
The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”
UAE currency: the story behind the money in your pockets
