January 13th, 2020 — News
Saudi Arabia’s Communications and Information Technology Commission (CITC) has tendered two new mobile virtual network operator (MVNO) licenses, which “will likely boost investment opportunities in the telecom industry, support entrepreneurship and enhance the content industry as well as service diversification,” CITC Governor, Mohammed Altamimi is quoted as saying.
January 9th, 2020 — News
Orange has officially inaugurated its new Middle East and Africa (MEA) operational head office in Casablanca, Morocco from where it will direct activities across its 18 countries of presence in the region. The operator counted a total of 125 million customers in the MEA as of October 30, 2019.
January 8th, 2020 — Miscellaneous
The cyber hacking saga at Travelex continues as media reports now suggest the international foreign currency dealer has fallen prey to a ransomware attack with a group called Sodinokibi claiming responsibility for the incident and demanding a US$6 million payment to restore systems.
January 3rd, 2020 — Miscellaneous
Travelex, the international foreign currency seller suffered a software virus attack on New Year’s Eve and has been forced to take down its website as a result of the incident. The company has resorted to carrying out transactions manually, providing foreign exchange services over the counter in its branches.
December 31st, 2019 — News
The Dubai Financial Services Authority (DFSA) has announced plans to launch a cyber threat intelligence platform to help firms in the Dubai International Financial Centre (DIFC) implement appropriate safeguards to mitigate cyber risks. The platform is the result of cooperation and collaboration with the Dubai Electronic Security Centre (DESC), the National Computer Emergency Response Team (aeCERT) and the Computer Incident Response Centre Luxembourg (CIRCL). Leading international cyber security specialists, including Help AG (Saudi and UAE operations of which were acquired by UAE telco Etisalat in September this year); Kaspersky; Palo Alto Networks; Cofense; and Recorded Future are contributing to the development of the platform.
© Pursuit Mode Initiatives
