Saturday 21 April 2018

Half of UAE residents less sure about financial health

Almost half of UAE residents are less confident about their financial health than they were 12 months ago, but remain more confident about their prospects in the UAE than anywhere else, said a new report. The quarterly Consumer Confidence Tracker from yallacompare, a leading comp


25pc of firms using public cloud have had data stolen

One-in-four organizations that uses Infrastructure-as-a-Service or Software-as-a-Service has had data stolen, and one-in-five has experienced an advanced attack against its public cloud infrastructure, said a new report. Poor visibility is one of the greatest challenges to cloud


Lack of ability seen in handling cyberthreats: study

One-third of the organisations said that even if they detected a major incident, they would be unable to contain it within an hour, according to an annual benchmark survey released by LogRhythm, a leading security intelligence company. The new research study, Cybersecurity: Perce


GCC Islamic banks to maintain improved asset quality

The credit fundamentals of Islamic banks operating in the GCC countries have converged with those of their conventional peers and they should maintain their improved asset quality and profitability in the coming year, Moody's Investors Service said in a report. However, the I


Big data, AI and robotics powering aerospace sector

Big data, artificial intelligence (AI) and robotics are powering exciting innovations across the aerospace industry, many of which are happening in the background, invisible to everyday airline customers, said senior experts ahead of an industry event.   The 4th


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