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UAE Issues Google Chrome And Apple Security Warning

Users are advised to update their software to the latest versions to avoid high-risk vulnerabilities.

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uae issues google chrome and apple security warning
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The UAE’s Cyber Security Council has issued a “critical security warning” of high-risk vulnerabilities found in Google Chrome and several Apple products, urging users to take immediate action to ensure their devices are safe.

The vulnerabilities found in Google’s Chrome browser could allow “malicious actors” to execute harmful code on users’ systems, the council explained on Saturday in a post on X, formerly Twitter.

“We strongly advise all users to promptly update their Chrome browsers to the latest version to safeguard against any potential threats,” the government organization said.

With around 3.3 billion users, Google Chrome is the world’s most-used web browser. The browser has about 65% of the market share and is installed on PCs, smartphones, tablets, and more.

The Cyber Security Council also warned of several Apple-specific vulnerabilities that span desktop and mobile operating systems, as well as in the Safari browser, Apple Watch, and even the Apple TV’s tvOS.

“We strongly recommend all users to update their systems and software immediately to mitigate potential threats,” the Cyber Security Council said, amidst fears that hackers could exploit the security flaws to gain control of user’s devices.

Also Read: The Largest Data Breaches In The Middle East

Established in 2020, the UAE Cyber Security Council is responsible for legislation to strengthen cyber security after a recent surge in digital attacks.

The UAE also recently announced plans to develop a cyber security vision to strengthen action against digital crime over the next 50 years. The move will give the Emirate “the highest level of resilience” and boost its ability to “address growing digital challenges”, said Dr. Mohammed Al Kuwaiti, head of the UAE Cybersecurity Council at the time of the announcement.

“As the UAE looks forward to its centennial in 2071, we had an opportunity to pause, examine how the world might evolve, and how we can use technology to optimize outcomes for humanity,” he said.

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Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

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mamo completes $3.4 million funding round to enhance fintech services
Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

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

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.

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