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Security threat from ‘ransomware’ on rise this year: Paladion

  Dubai / Emirates Business Paladion, a leading security services provider in the Middle East has said that the fastest-growing area of cybercrime has developed into a $1 billion-a-year industry complete with customer care departments set up to secure payments from victims of ransomware attacks. Cyberattacks using ransomware – a form of malicious software that allows criminals to encrypt personal ...

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Stocks rally ahead of crucial central bank meetings

  AFP Global stock markets rallied on Monday, with all eyes on central bankers ahead of key meetings in the United States and Japan later in the week. Concern that years of cheap cash could be coming to an end has roiled markets this month, with conflicting comments from top US Federal Reserve officials over the need for an interest ...

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Qatar pulls back ahead of FTSE inclusion, UAE outperforms peers

  Reuters Stock markets in the Gulf diverged in early trade on Monday, with Qatar’s index pulling back ahead of the inclusion of some companies in FTSE’s secondary emerging market index, while Dubai advanced as global risk sentiment improved. Qatar’s index retreated 1.8 percent, wiping out Sunday’s 0.4 percent gain. Nine-tenth of the shared that were trading declined. Shares in ...

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