News

Netskope Predicts Future Middle East Cybersecurity Trends

Experts from Netskope contemplate what’s on the horizon for phishing, ransomware, and other security threats as we approach 2023.

Published

2 years ago

November 28, 2022

Nour Nasir

netskope predicts future middle east cybersecurity trends

Netskope, a global Secure Access Service Edge (SASE) leader, has just revealed the results of its annual investigation into the state of cybersecurity in the Middle East as 2022 comes to an end.

In a region that’s digitizing at a rapid rate, Netskope anticipates several new trends in cyber attacker behavior, as well as a rise in software supply chain attacks and various other cloud vulnerabilities.

“Similar to how we have done this in years past, we have sourced these predictions from across our team of internal experts; our global and regional CIOs, CISOs, CTOs, and the specialists in our Threat Labs. Some of these predictions touch on topics that you may have seen discussed this year, considering how they will evolve, while others feature technologies and dynamics that may be completely new on the radar of Middle Eastern organizations for 2023,” says Jonathan Mepsted, VP for Netskope, Middle East and Africa.

So, what kinds of cyber threats do we expect to see intensifying in 2023? For starters, ransomware and extortion-style scams will be more prolific than ever. In addition, confidential and highly sensitive data will become vulnerable to sophisticated encryption attacks from professional extortion groups such as LAPSUS$ and RansomHouse.

Also Read: How To Find The Best Remote Work Opportunities In The Middle East

As well as a rise in well-known online hacks and scams, Netskope believes that software supply chain attacks will also intensify — especially as we become more accepting of the concept of the “industrial metaverse”. Supply chain automation and optimization are on the rise, but bring a set of unique challenges for security experts.

This year, to be better prepared for emerging trends and threat models, Netskope’s NewEdge infrastructure added five new data centers in the Middle East region, supporting businesses across a wide range of sectors, including finance, telecom, and energy.

News

Yabi Introduces AI Financial Coach For Smarter Money Moves

The app provides real-time, personalized financial guidance, helping UAE residents manage money smarter, reduce debt, and build wealth effortlessly.

Published

4 hours ago

February 22, 2025

Nour Nasir

Yabi

Imagine having 24/7 access to an expert financial advisor — someone who understands your spending habits, helps you save more effectively, and offers guidance for every financial decision. That’s the vision behind Yabi’s revamped platform, an AI-driven finance app designed to transform personal finance management in the UAE.

Unlike traditional budgeting tools, Yabi acts as an always-available AI advisor, analyzing your unique spending patterns and offering real-time, tailored financial advice. Whether you’re making everyday purchases, planning a big trip, or saving for a major milestone, Yabi keeps you on track and helps you make informed financial choices.

Rakhil Fernando, CEO of Yabi, explains the mission behind the platform: “Financial literacy is not optional — it’s essential. But most financial tools today feel outdated and overly complex. Yabi is here to change that by offering AI-powered financial coaching that’s smart, simple, and accessible to everyone in the UAE”.

Here are some of the updated app’s new features:

AI-Powered Financial Coach: A 24/7 digital advisor providing real-time financial guidance based on your spending habits and available in multiple languages.
Live Insights: Connect your bank accounts for a detailed breakdown of your expenses.
Tailored Budgeting: Yabi creates a budget that fits with your actual spending habits rather than generic financial advice.
Interactive Financial Education: Learn the essentials of saving, investing, and credit management through engaging content integrated into the AI experience.
Automated Expense Tracking: Receive instant alerts on overspending, identify hidden charges, and cut unnecessary subscriptions with ease.
Credit Score & Financial Health Monitoring: Get free credit score checks and AI-driven recommendations to enhance your financial standing.

Also Read: A Guide To Digital Payment Methods In The Middle East

Finally, Yabi is also gearing up to introduce its own debit card and a suite of financial products, making it easier to save, spend, and invest within a single platform.

Want to try Yabi for yourself? You can download the app on the Apple App Store and Google Play Store.