Guardians of Egypt’s Cyber Security: Insights from Amin Hasbiny of Kaspersky. Amidst the digital battleground, Kaspersky’s vigilance thwarted over 13 million electronic assaults in Egypt during the first quarter. Hasbiny, head of the global research and analysis team, sheds light on the surge of attacks targeting Egypt’s banking sector, with a staggering 186% rise in assaults on bank accounts and customer data compared to last year. Additionally, Hasbiny reveals a disturbing trend of increased phishing attacks via email and SMS, with approximately 75,000 users falling victim to fraudulent schemes. Delve deeper into Kaspersky’s relentless efforts in safeguarding Egypt’s institutions, thwarting international hacker teams like ‘AllRig’ and ‘BlogX,’ who seek to exploit vulnerabilities for espionage and data theft.
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Egyptian fintech startup Bokra recently secured $4.6 million in pre-seed funding led by DisrupTech Ventures and SS Capital, among others. The capital infusion will fuel the expansion of investment products and technological infrastructure. Bokra plans Read more…
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