Cyber Security
Check Point Research Unveils Q2 2024 Cyber Attack Trends
Check Point Research (CPR) has released new data on Q2 2024 cyber attack trends. The data is segmented by global volume, industry and geography. These cyber attack numbers were driven by a variety of reasons, ranging from the continued increase in digital transformation and the growing sophistication of cybercriminals using advanced techniques like AI and machine learning. Economic motivation for income from attacks like ransomware and phishing as well as attacks fueled by geopolitical tensions and supply chain vulnerabilities continues to heavily impact this rise in the numbers.
This increase in global cyberattacks also stems from hacker interest in Education and Research, which saw the largest increase in cyber attacks in Q2 2024, when compared to all other industries. CPR warns that these factors can continue to accelerate the number of cyber attacks in 2024, driving the need for robust cyber security across all industries.
Key Statistics:
- In Q2 2024, Check Point Research recorded a 30% year-over-year increase in global cyber attacks, marking the highest surge in the past two years. The UAE also saw a significant rise, with an 18% increase compared to Q2 2023.
- The top three most attacked industries globally were Education/Research (3,341 attacks per week), Government/Military (2,084 attacks per week), and Healthcare (1,999 attacks per week).
- Ransomware attacks involving public extortion increased by 13% year-over-year. The Manufacturing sector accounted for 29% of the published ransomware victims globally, reflecting a 56% year-over-year increase.
Cyber-attacks are on the rise globally, with a 30% increase in weekly attacks on corporate networks in Q2 2024 compared to Q2 2023. Organizations faced an average of 1,636 attacks per week worldwide, while in the UAE, the average was 1,546 weekly attacks per organization in Q2 2024, representing an 18% year-over-year increase. This relentless surge highlights the growing sophistication and persistence of threat actors, driven by multiple converging cyber threat trends.
For instance, the education and research industry has consistently been a prime target for cybercriminals due to its wealth of sensitive information and often inadequate cyber security measures made further complex by multiple groups of online users within and outside of the network expanding the attack vector surface. In fact, the education/research sector was the number one most attacked industry globally, seeing a 53% increase in Q2 2024 compared to Q2 2023, with an average of 3,341 attacks per organization every week.
Government/Military was the second most attacked sector with 2,084 attacks per week, reflecting the high stakes involved in state-level cyber espionage and disruption. Looking back at cyber attacks for the Healthcare sector in Q2, healthcare organizations saw an average of 1,999 weekly attacks per organization, which was 15% higher than last year. Hackers like to target hospitals because they perceive them as short on cyber security resources with smaller hospitals particularly vulnerable, as they are underfunded and understaffed to handle a sophisticated cyber attack.
Ranking third out of all sectors for the most cyber attacks globally, healthcare is so lucrative to hackers because they aim to retrieve health insurance information, medical records numbers and, sometimes, even social security numbers. Furthermore, the Hardware Vendor industry experienced the largest increase in attacks, with a dramatic rise of 183%. This surge underscores the expanding target range of cyber criminals as they seek to exploit vulnerabilities across various sectors.
In Q2 2024, ransomware attacks that involved public extortion were reported showing a 13% year-over-year increase, totalling approximately 1,200 incidents. In terms of industry impact, the Manufacturing sector was the most affected, representing 29% of publicly extorted ransomware attacks’ victims globally, with a significant 56% year-over-year increase. The Healthcare sector followed, accounting for 11% of the attacks and experiencing a 27% increase. The Retail/Wholesale industry saw 9% of the attacks, with a notable 34% decrease from the previous year. Notably, the Communications and Utilities sectors experienced dramatic rises in ransomware incidents, with increases of 177% and 186%, respectively.
Ram Narayanan, Country Manager at Check Point Software Technologies, Middle East, said, “In Q2 2024, the escalation of cyber attacks globally and within the UAE underscores the pressing need for robust cybersecurity measures. As threat actors become more sophisticated, leveraging advanced techniques like AI and machine learning, organizations must evolve their defence strategies accordingly. Cyber threat defences should be focused on prevention to tackle the dynamic nature of the threats organizations are exposed to. The data from Check Point Research underscores the critical sectors needing immediate attention and reinforces the necessity of a multi-layered security approach to safeguard organizations across all sectors. We strongly recommend organizations everywhere to take note of our tips and best practices, to better protect themselves against the evolving and relentless cyber threat landscape.”
Organizations must take proactive steps to safeguard their data and systems:
- Enhance Security Posture: Regularly update and patch systems to close vulnerabilities. Multi-layered security measures, including firewalls and endpoint protection, are essential.
- Employee Training and Awareness: Regular training sessions can educate employees about the latest cyber threats and phishing tactics, fostering a culture of vigilance.
- Advanced Threat Prevention: Utilize technologies such as sandboxing and anti-ransomware tools to detect and block sophisticated attacks.
- Adopt Zero Trust Architecture: Implement strict identity verification for every person and device attempting to access network resources.
- Regular Backups and Incident Response Planning: Ensure regular backups of critical data and develop comprehensive incident response plans to quickly address and mitigate the impact of attacks.
- Network Segmentation: Isolate critical systems to limit the spread of attacks and protect sensitive information.
- Vulnerability Management: Conduct regular vulnerability assessments and penetration testing, prioritizing remediation efforts based on potential impact.
The dramatic rise in cyber-attacks globally, particularly ransomware incidents, signals an urgent need for robust cybersecurity frameworks. Organizations must prioritize cyber security, adopting customized strategies to effectively combat the evolving threat landscape. By implementing advanced security measures, fostering a culture of awareness, and preparing for potential incidents, businesses can better defend against the relentless tide of cyber threats.
Cyber Security
Positive Technologies Reports 80% of Middle East Cyberattacks Compromise Confidential Data
A new study by cybersecurity firm Positive Technologies has shed light on the evolving cyber threat landscape in the Middle East, revealing that a staggering 80% of successful cyberattacks in the region lead to the breach of confidential information. The research, examining the impact of digital transformation, organized cybercrime, and the underground market, highlights the increasing exposure of Middle Eastern nations to sophisticated cyber threats.
The study found that one in three successful cyberattacks were attributed to Advanced Persistent Threat (APT) groups, which predominantly target government institutions and critical infrastructure. While the rapid adoption of new IT solutions is driving efficiency, it simultaneously expands the attack surface for malicious actors.
Cybercriminals in the region heavily utilize social engineering tactics (61% of cases) and malware (51%), often employing a combination of both. Remote Access Trojans (RATs) emerged as a primary weapon in 27% of malware-based attacks, indicating a common objective of gaining long-term access to compromised systems.
The analysis revealed that credentials and trade secrets (29% each) were the most sought-after data, followed by personal information (20%). This stolen data is frequently leveraged for blackmail or sold on the dark web. Beyond data theft, 38% of attacks resulted in the disruption of core business operations, posing significant risks to critical sectors like healthcare, transportation, and government services.
APT groups are identified as the most formidable threat actors due to their substantial resources and advanced technical capabilities. In 2024, they accounted for 32% of recorded attacks, with a clear focus on government and critical infrastructure. Their activities often extend beyond traditional cybercrime, encompassing cyberespionage and even cyberwarfare aimed at undermining trust and demonstrating digital dominance.
Dark web analysis further revealed that government organizations were the most frequently mentioned targets (34%), followed by the industrial sector (20%). Hacktivist activity was also prominent, with ideologically motivated actors often sharing stolen databases freely, exacerbating the cybercrime landscape.
The United Arab Emirates, Saudi Arabia, Israel, and Qatar, all leaders in digital transformation, were the most frequently cited countries on the dark web in connection with stolen data. Experts suggest that the prevalence of advertisements for selling data from these nations underscores the challenges of securing rapidly expanding digital environments, which cybercriminals are quick to exploit.
Positive Technologies analyst Alexey Lukash said, “In the near future, we expect cyberthreats in the Middle East to grow both in scale and sophistication. As digital transformation efforts expand, so does the attack surface, creating more opportunities for hackers of all skill levels. Governments in the region need to focus on protecting critical infrastructure, financial institutions, and government systems. The consequences of successful attacks in these areas could have far-reaching implications for national security and sovereignty.”
To help organizations build stronger defenses against cyberthreats, Positive Technologies recommends implementing modern security measures. These include vulnerability management systems to automate asset management, as well as identify, prioritize, and remediate vulnerabilities. Positive Technologies also suggests using network traffic analysis tools to monitor network activity and detect cyberattacks. Another critical layer of protection involves securing applications. Such solutions are designed to identify vulnerabilities in applications, detect suspicious activity, and take immediate action to prevent attacks.
Positive Technologies emphasizes the need for a comprehensive, result-driven approach to cybersecurity. This strategy is designed to prevent attackers from disrupting critical business processes. Scalable and flexible, it can be tailored to individual organizations, entire industries, or even large-scale digital ecosystems like nations or international alliances. The goal is to deliver clear, measurable results in cybersecurity—not just to meet compliance standards or rely on isolated technical fixes.
Cyber Security
Axis Communications Sheds Light on Video Surveillance Industry Perspectives on AI
Axis Communications has published a new report that explores the state of AI in the global video surveillance industry. Titled The State of AI in Video Surveillance, the report examines the key opportunities, challenges and future trends, as well as the responsible practices that are becoming critical for organisations in their use of AI. The report draws insights from qualitative research as well as quantitative data sources, including in-depth interviews with carefully selected experts from the Axis global partner network.
A leading insight featured in the report is the unanimous view among interviewees that interest in the technology has surged over the past few years, with more and more business customers becoming curious and increasingly knowledgeable about its potential applications.

Mats Thulin, Director AI & Analytics Solutions at Axis Communications
“AI is a technology that has the potential to touch every corner and every function of the modern enterprise. That said, any implementations or integrations that aim to drive value come with serious financial and ethical considerations. These considerations should prompt organisations to scrutinise any initiative or investment. Axis’s new report not only shows how AI is transforming the video surveillance landscape, but also how that transformation should ideally be approached,” said Mats Thulin, Director AI & Analytics Solutions at Axis Communications.
According to the Axis report, the move by businesses from on-premise security server systems to hybrid cloud architectures continues at pace, driven by the need for faster processing, improved bandwidth usage and greater scalability. At the same time, cloud-based technology is being combined with edge AI solutions, which play a crucial role by enabling faster, local analytics with minimal latency, a prerequisite for real-time responsiveness in security-related situations.
By moving AI processing closer to the source using edge devices such as cameras, businesses can reduce bandwidth consumption and better support real-time applications like security monitoring. As a result, the hybrid approach is expected to continue to shape the role of AI in security and unlock new business intelligence and operational efficiencies.
A trend that is emerging among businesses is the integration of diverse data for a more comprehensive analysis, transforming safety and security. Experts predict that by integrating additional sensory data, such as audio and contextual environmental factors caught on camera, can lead to enhanced situational awareness and greater actionable insights, offering a more comprehensive understanding of events.
Combining multiple data streams can ultimately lead to improved detection and prediction of potential threats or incidents. For example, in emergency scenarios, pairing visual data with audio analysis can enable security teams to respond more quickly and precisely. This context-aware approach can potentially elevate safety, security and operational efficiency, and reflects how system operators can leverage and process multiple data inputs to make better-informed decisions.
According to the Axis report, interviewees emphasised that responsible AI and ethical considerations are critical priorities in the development and deployment of new systems, raising concerns about decisions potentially based on biased or unreliable AI. Other risks highlighted include those related to privacy violations and how facial and behavioural recognition could have ethical and legal repercussions.
As a result, a recurring theme among interviewees was the importance of embedding responsible AI practices early in the development process. Interviewees also pointed to regulatory frameworks, such as the EU AI Act, as pivotal in shaping responsible use of technology, particularly in high-risk areas. While regulation was broadly acknowledged as necessary to build trust and accountability, several interviewees also stressed the need for balance to safeguard innovation and address privacy and data security concerns.
“The findings of this report reflect how enterprises are viewing the trend of AI holistically, working to have a firm grasp of both how to use the technology effectively and understand the macro implications of its usage. Conversations surrounding privacy and responsibility will continue but so will the pace of innovation and the adoption of technologies that advance the video surveillance industry and lead to new and exciting possibilities,” Thulin added.
Artificial Intelligence
CyberKnight Partners with Ridge Security for AI-Powered Security Validation
The automated penetration testing market was valued at roughly $3.1 billion in 2023 and is projected to grow rapidly, with forecasts estimating a compound annual growth rate (CAGR) between 21% and 25%. By 2030, the sector is expected to reach approximately $9 to $10 billion. The broader penetration testing industry is also expanding, with projections indicating it will surpass $5.3 billion by 2027, according to MarketandMarket.
To support enterprises and government entities across the Middle East, Turkey and Africa (META) with identifying and validating vulnerabilities and reducing security gaps in real-time, CyberKnight has partnered with Ridge Security, the World’s First Al-powered Offensive Security Validation Platform. Ridge Security’s products incorporate advanced artificial intelligence to deliver security validation through automated penetration testing and breach and attack simulations.
RidgeBot uses advanced AI to autonomously perform multi-vector iterative attacks, conduct continuous penetration testing, and validate vulnerabilities with zero false positives. RidgeBot has been deployed by customers worldwide as a key element of their journey to evolve from traditional vulnerability management to Continuous Threat Exposure Management (CTEM).
“Ridge Security’s core strength lies in delivering holistic, AI-driven security validation that enables organizations to proactively manage risk and improve operational performance,” said Hom Bahmanyar, Chief Enablement Officer at Ridge Security. “We are delighted to partner with CyberKnight to leverage their network of strategic partners, deep-rooted customer relations, and security expertise to accelerate our expansion plans in the region.”
“Our partnership with Ridge Security is a timely and strategic step, as 69% of organizations are now adopting AI-driven security for threat detection and prevention,” added Wael Jaber, Chief Strategy Officer at CyberKnight. “By joining forces, we enhance our ability to deliver automated, intelligent security validation solutions, reaffirming our commitment to empowering customers with resilient, future-ready cybersecurity across the region.”
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