Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business1 day ago
A global tech outage hit the world on Friday, reportedly caused by a defect in an update for Microsoft Windows, by US-based technology firm Crowdstrike.
Some government services were hit, flights and airport operations were affected. Residents struggled to purchase groceries or fill up their gas tank as card machines stopped working, and stores only accepted cash. Companies' daily operations were disrupted as computers displayed the 'blue screen of death.'
In UAE, the swift response of authorities cushioned the impact, and operations soon resumed.
Stay up to date with the latest news. Follow KT on WhatsApp Channels.
Dr Mohammed Al Kuwaiti, Chief Cybersecurity Officer, confirmed that the UAE successfully dealt with the global technical disruption with high efficiency, and quickly overcame this global crisis.
Due to a strategic partnership with the global service provider, Crowdstrike, UAE was able to maintain business continuity while confronting the outage, the chairman said.
All sectors recovered and returned to work optimally, thanks to the strength and flexibility of the country's digital infrastructure, and compliance with national cybersecurity standards, he added.
Al-Kuwaiti added that the cooperation with Crowdstrike comes within the framework of joint work to build a sustainable cyber future.
He explained that the partnership is based on the three main pillars of cybersecurity, which include:
Dr Al Kuwaiti added that governance facilitated the dissemination of accurate information and prevented the spread of false and misleading information.
ALSO READ:
Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business1 day ago
Authorities said the Adani Group chairman and seven other defendants agreed to pay the bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years
business1 day ago
Company strengthening regional presence and service offering
business1 day ago
Sinochem may keep three refineries in China's Shandong province
business2 days ago
Memorandum of understanding aims to enhance cooperation in the construction sector
business2 days ago
Serenia Living’s architecture and interiors have been led by Palma’s expert team
business2 days ago
Company’s backward integration model reaps dividends
business2 days ago
Participating companies announce several cooperation achievements
business2 days ago