6th Cyber Security Innovation Series and Awards kicks off in Dubai

6th Cyber Security Innovation Series and Awards kicks off in Dubai

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DUBAI, 6th June, 2023 (WAM) -- The 6th Edition of the Cyber Security Innovation Series and Awards kicked off today at The Meydan Hotel in Dubai. The event is organised by Market Solutions Events Management (MS Events), in partnership with the UAE Cybersecurity Council and with the support of Dubai Electronic Security Centre

Held on 6th and 7th June, 2023, this prominent event aims to explore the cutting-edge realm of next-generation cybersecurity in the digital era.

Mohammed Hamad Al-Kuwaiti, Head of Cyber Security for the Government of the UAE, stated that the future of cybersecurity lies in the ability to understand and confront evolving threats and technological advancements to create an advanced and secure cyber environment.

He added that in 2022, the cost of global cybercrime exceeded 6 trillion dollars, doubling over five years, and it is expected that damages resulting from internet crimes will surpass 10.5 trillion dollars globally by 2023. Furthermore, ransomware attacks increased by 311 percent in the past year, highlighting the growing sophistication of attackers. He emphasised that approximately 95 percent of information security breaches are the result of human errors, underscoring the importance of employee awareness and training.

"We are thrilled to host the Cyber Security Innovation Series and