![]() ![]() It has become such a challenge that the detection rate for fraud has halved in recent years and now stands at roughly 16% of cases. Senior officers at Police Scotland believe cyber-crime is massively under-reported and the latest figures represent the tip of the iceberg. New figures released by Police Scotland show there has been a 68% increase in fraud since 2018, with 17,000 cases recorded last year - the vast majority online. ![]() He told BBC Scotland: “When my wife came through the door just at the end of this process, she thought I was having a nervous breakdown. The 72-year-old was deeply suspicious but eventually caved in to their demands and transferred nearly £100,000 to a fake bank account. The tech-savvy grandfather said he was targeted by fraudsters when his family business was struggling to cope with a 95% fall in its turnover. NCA’s work contributes to the creation of a secure and thriving economy that guarantees the prosperity of Saudi Arabia, and its people.Įntrepreneur John Donald sells robotic falcons around the world but still can’t believe that he fell victim to cyber-crime during the coronavirus pandemic. NCA sets the necessary standards for licensing the import, export, and use of hardware and software in terms of cybersecurity, while ensuring compliance with these standards. The Authority defends the Kingdom’s critical infrastructure, priority economic sectors, and government services and activities from cyber threats. It works to strengthen Saudi Arabia’s cyberspace, enabling it to protect national security and vital state interests. NCA is the primary national authority for cyber concerns in the Kingdom. The International Telecommunications Union (ITU) has also designated the Kingdom as a global leader in cybersecurity, ranking Saudi Arabia second on its Global Cyber Security Index. Saudi Arabia has cemented its leadership position through several initiatives to build a sound and sustainable cybersecurity ecosystem in the Kingdom. With Saudi Arabia frequently ranking among the top economies in the world for cybersecurity, the latest recognition by IIMD is a testament to the efforts of entities like the National Cybersecurity Authority (NCA), one of Saudi Arabia’s key national security enablers. Saudi Arabia also ranked 17th overall in 2023 – jumping seven places from 2022 – in the overall competitiveness ranking. Saudi Arabia has secured second place in the global Cybersecurity Index in the World Competitiveness Yearbook (WCY) for 2023 by the Swiss-based International Institute for Management Development (IMD). ![]()
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