94% of UAE enterprises hit by damaging cyberattacks

A staggering 94 per cent of organisations in the UAE have suffered materially damaging cyberattacks, a recent study has revealed.

- Somshankar Bandyopadhyay [e-mail]

Cohesity's study shows that 91 per cent of UAE business leaders admit AI innovation is outpacing their ability to manage new risks.

Cohesity's latest global study, titled Risk Ready or Risk Exposed: The Cyber Resilience Divide, underscores a harsh reality: compliance alone is no longer enough to safeguard continuity when disruption strikes.

The study reveals that 59 per cent of UAE organisations experienced a major cyberattack in the past year, and the consequences were severe. Ninety-six percent reported revenue loss, while 69 per cent lost customers a clear sign that every minute of downtime carries both human and economic costs. "Downtime is not just an IT issue; it is a trust issue," says Johnny Karam, Managing Director and Vice President for International Emerging Regions at Cohesity. "When banking platforms freeze or hospitals cannot access patient data, it affects lives and erodes confidence in institutions."