Report: Government, Education Sectors, Banks in Middle East See Highest Data Leak Incidents

A man types on a computer keyboard in front of the displayed cyber code in this illustration picture taken March 1, 2017. (File Photo: Reuters)
A man types on a computer keyboard in front of the displayed cyber code in this illustration picture taken March 1, 2017. (File Photo: Reuters)
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Report: Government, Education Sectors, Banks in Middle East See Highest Data Leak Incidents

A man types on a computer keyboard in front of the displayed cyber code in this illustration picture taken March 1, 2017. (File Photo: Reuters)
A man types on a computer keyboard in front of the displayed cyber code in this illustration picture taken March 1, 2017. (File Photo: Reuters)

InfoWatch Group has released a report on confidential data leaks from organizations in the Middle East, covering the period from July 1, 2017, through June 30, 2018.

According to InfoWatch Analytical Center, local government agencies and educational institutions experienced 36 percent and 20 percent of all leaks, respectively which is twice as many as worldwide average.

While 66 percent of all global incidents over the reporting period affected personal data, the majority - over 38 percent – of Middle Easter data breaches compromised trade secrets and know-how, with personal data in the region leaked in less than 30 percent of cases.

The Group's Business Development Director for Middle East and InfoWatch Gulf's CEO Kristina Tantsyura noted that the difference between global and regional leak breakdowns by data type is largely due to political and economic landscapes of the Middle East.

“Countries’ specifics and possible tensions among Gulf states have a significant effect here. The Middle East countries see public uproar when information of political or technological value is compromised as a result of either external attacks on government agencies and manufacturing enterprises or malicious and negligent actions by their employees,” she announced.

External intruders caused two thirds of all leaks from the Middle East companies, while, almost the same share worldwide 63 percent was attributed to internal offenders.

“Internally-triggered leaks are just as dangerous for the Middle East as external ones, despite their relatively small share here,” said Tantsyura.

The CEO explained that internal data breaches in the region were mostly of malicious nature and often compromised extremely sensitive data, leading to severe consequences, even damage to national defense capability.

One in five incidents in the Middle East was caused by non-privileged, rank-and-file employees, while top managers were at fault 2.5 times more often than globally.

While the network channel was used in the majority of enterprise data leaks over the period, both worldwide and in the Middle East, there is a big difference in local and global leak breakdown by channel.

The shares of leaks through mobile devices and instant messengers in the Middle East were more than three and almost four times larger than global figures, respectively.

“The analysis of publicly available cases shows that government agencies and most businesses in the Middle East lack reliable tools to protect themselves against both external and internal leaks,”noted the CEO.

She advised Middle East companies to reconsider their security approach in terms of both information handling and use of particular external and insider threat protection tools that should combine Data Loss Prevention (DLP) with User and Entity Behavior Analytics (UEBA) technology, which analyzes enterprise information flows and uses machine learning-based models to predict cybersecurity risks.

The report relies on the InfoWatch Analytical Center’s own database that aggregates publicly reported data leaks, which hit profit and non-profit organizations and resulted from malicious or negligent actions by employees or criminals from the outside.

InfoWatch Group is a Russian vendor of end-to-end enterprise cybersecurity solutions that effectively protect businesses against the most pressing internal and external threats.



Türkiye's Central Bank Lifts 2026 Inflation Forecasts

Türkiye's Central Bank headquarters is seen in Ankara, Türkiye in this January 24, 2014 file photo. REUTERS/Umit Bektas
Türkiye's Central Bank headquarters is seen in Ankara, Türkiye in this January 24, 2014 file photo. REUTERS/Umit Bektas
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Türkiye's Central Bank Lifts 2026 Inflation Forecasts

Türkiye's Central Bank headquarters is seen in Ankara, Türkiye in this January 24, 2014 file photo. REUTERS/Umit Bektas
Türkiye's Central Bank headquarters is seen in Ankara, Türkiye in this January 24, 2014 file photo. REUTERS/Umit Bektas

Türkiye's central bank on Thursday increased its estimates for inflation as officials try to rein in soaring price increases that have weighed on the economy for years.

The official inflation rate is now seen falling to between 15 and 21 percent by the end of this year, up from a previous forecast of 13 to 19 percent.

"We have increased our forecast range because of better visibility on certain risks," the central bank's governor Fatih Karahan said in a statement, without further detail, Reuters reported.

The forecast would still be a sharp decline from the annual inflation rate of 30.7 percent in January, following years of interest rate hikes in a bid to slow runaway price increases.

However, the official figures are disputed by ENAG, a group of independent economists that publishes its own data every month, with the organisation saying year-on-year inflation stood at 53.4 percent in January.

Türkiye has experienced double-digit inflation since 2019, making life increasingly more expensive for millions of people, after President Recep Tayyip Erdogan ordered interest rate cuts in a bid to spur growth.

The cuts sent the lira plunging on currency markets, further fuelling inflation and leading Erdogan to reverse his unorthodox policy in 2023.

But in January the central bank cut its benchmark interest rate to 37 percent, citing a continued slowing of price increases.

 

 

 

 


Mawani Reports 2.01% Increase in Container Throughput for January 2026

Mawani Reports 2.01% Increase in Container Throughput for January 2026
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Mawani Reports 2.01% Increase in Container Throughput for January 2026

Mawani Reports 2.01% Increase in Container Throughput for January 2026

Ports overseen by the Saudi Ports Authority (Mawani) reported a 2.01% increase in container handling for January 2026, totaling 738,111 TEUs, up from 723,571 TEUs in January 2025. Transshipment containers rose significantly by 22.44%, reaching 184,019 TEUs compared to 150,295 TEUs the previous year.

However, the number of imported containers decreased by 3.23% to 284,375 TEUs, and exported containers dropped by 3.47% to 269,717 TEUs year-over-year, SPA reported.

Passenger numbers surged by 42.27%, totaling 143,566 passengers compared to 100,909 last year. Vehicle volumes increased by 3.31% to 109,097, and the ports received 886,908 heads of livestock, a 49.86% increase from the same period in 2025.

In terms of cargo tonnage, liquid bulk cargo rose by 0.28% to 14,102,495 tons, general cargo totaled 839,987 tons, and solid bulk cargo reached 4,263,168 tons. The total tonnage handled was 19,205,650 tons, reflecting a 3.04% decrease from the previous year. Vessel traffic recorded 1,121 ships, a slight decrease of 1.75%.

This increase in container throughput supports trade, stimulates the maritime transport industry, and enhances supply chains and food security. These achievements align with the National Transport and Logistics Strategy, reinforcing Saudi Arabia's position as a global logistics hub.

In 2025, Mawani ports achieved a 10.58% increase in total handled containers, reaching 8,317,235 TEUs, while transshipment containers for the year rose by 11.78% to 1,927,348 TEUs.


Oil Prices Edge Lower as IEA Reduces Demand Forecast

Oil platforms and pumpjacks at Lake Maracaibo, in Cabimas, Venezuela, January 26, 2026. REUTERS/Leonardo Fernandez Viloria/File Photo
Oil platforms and pumpjacks at Lake Maracaibo, in Cabimas, Venezuela, January 26, 2026. REUTERS/Leonardo Fernandez Viloria/File Photo
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Oil Prices Edge Lower as IEA Reduces Demand Forecast

Oil platforms and pumpjacks at Lake Maracaibo, in Cabimas, Venezuela, January 26, 2026. REUTERS/Leonardo Fernandez Viloria/File Photo
Oil platforms and pumpjacks at Lake Maracaibo, in Cabimas, Venezuela, January 26, 2026. REUTERS/Leonardo Fernandez Viloria/File Photo

Oil prices slipped on Thursday as investors weighed the International Energy Agency's lowering of its global oil demand forecast for 2026 against potential escalation of US-Iran tensions.

Brent crude oil futures were down 19 cents, or 0.27%, at $69.21 a barrel by 1232 GMT. US West Texas Intermediate crude fell 8 cents, or 0.12%, to $64.55.

Global oil demand will rise more slowly than previously expected this year, the IEA said on Thursday while projecting a sizeable surplus despite outages that cut supply in January.

The Brent and WTI benchmarks reversed gains to turn negative after the IEA's monthly report, having derived support earlier from concerns over the US-Iran backdrop.

US President Donald Trump said after talks with Israeli Prime Minister Benjamin Netanyahu on Wednesday that they had yet to reach a definitive agreement on how to move forward with Iran but that negotiations with Tehran would continue.

Trump had said on Tuesday that he was considering sending a second aircraft carrier to the Middle East if a deal is not reached with Iran. The date and venue of the next round of talks have yet to be announced.

A hefty build in US crude inventories had capped the early price gains. US crude inventories rose by 8.5 million barrels to 428.8 million barrels last week, the Energy Information Administration said, far exceeding the 793,000 increase expected by analysts in a Reuters poll.

US refinery utilization rates dropped by 1.1 percentage points in the week to 89.4%, EIA data showed.

On the supply side, Russia's seaborne oil products exports in January rose by 0.7% from December to 9.12 million metric tons on high fuel output and a seasonal drop in domestic demand, data from industry sources and Reuters calculations showed.