The cybersecurity landscape has changed dramatically since the outbreak of the pandemic. Many organizations have embraced the hybrid work model as the new normal, allowing their employees to divide their work time between the office and home.
As a result, the traditional network perimeter has dissolved, leaving organizations more vulnerable to cyber threats, which are becoming not only more frequent but also more sophisticated. MENA organizations are especially vulnerable because of their geopolitical position and importance to the world economy in several key industries, such as the oil industry.
Recently, Los Angeles-based cybersecurity company Resecurity has introduced its Dark Web Monitoring and Threat Intelligence solutions at GITEX 2021, which took place at the Dubai World Trade Center, in the United Arab Emirates (UAE).
“Resecurity’s mission is to protect enterprises of any size, market vertical and in any geography,” said Ayman Alshobaki, Resecurity’s Business Development Manager for the MENA region. “Resecurity is excited to tap into the fantastic networking and innovative atmosphere at Gitex 2021, allowing us to build new business alliances and accelerate market presence and channel sales”.
The new solutions leverage big data analytics and artificial intelligence to provide visibility into the global threat landscape, helping organizations mitigate risks coming from the darkest corners of the internet, which are commonly referred to as the dark web.
The main defining feature of the dark web is the fact it’s completely invisible to most internet users because it can be accessed only using specialized software, such as Tor, which also provides anonymity, something cybercriminals value deeply.
Equipped with Resecurity’s Dark Web Monitoring solutions, organizations in the MENA region and the rest of the world are much less likely to suffer a costly data breach, whose average cost has reached $4.24 million per incident — the highest in the last 17 years.
World’s Largest Metaverse Developer Opens Dubai Office
LandVault, the largest metaverse creator, is expanding its presence into the MENA region.
LandVault, the world’s largest metaverse developer, will expand operations to Dubai later this month as part of an ongoing strategy to boost its presence in the MENA region. The company aims to help local businesses gain a foothold in the expanding web 3.0 universe and sees exciting opportunities to bolster its client portfolio.
So far, metaverse developer LandVault has lived up to its name, creating and curating over 100 square feet of virtual space for a diverse range of organizations, including the nearby Yas Marina Circuit, Aldar, Mastercard, Standard Chartered, World of Women, Hershey’s, and many more.
The Dubai government’s Metaverse Strategy is one of the key reasons LandVault has been inspired to move to the region, as leaders plan to transform the Emirate into one of the world’s top 10 metaverse economies by 2030. Eventually, it’s hoped that in excess of 1,000 companies in the blockchain and web 3.0 spaces will be inspired to set up entities in the region, creating around 40,000 new jobs in the process.
“We are excited to open our office in Dubai and to be a part of the vibrant tech community in the UAE. The MENA region is a key market for us, and we believe that our presence in Dubai will allow us to assist the region and explore new opportunities. We are also excited about the potential for the metaverse in the real estate industry in the UAE. We look forward to working with developers and real estate companies to showcase their properties in a new and innovative way,” says Sam Huber, CEO of LandVault.
Alongside developing the metaverse from its new Dubai office, LandVault will also deploy its technology to assist the UAE’s real estate sector. Developers will soon be able to showcase their projects in a way that was never previously possible, reaching a much wider audience with immersive and interactive property tours and even virtual showrooms.