Prem Kamath believes cyber security breaches in the UAE may be more common than business owners and consumers think because not all of them get publicly reported.
The cyber law consultant and managing partner of Rad & Partners legal consultancy in Dubai talks about what he thinks should be done to boost protection.
How are laws regarding cyber security unique from many others in the legal system?
Cyber law is different for the reason it involves a bit of technology fused with law. Technology changes tomorrow. Law cannot be changed everyday like technology. This is the most difficult part. By the time you bring a law for one [issue], you are 200 metres away from it and you have 400 new [issues] already lined up. You can't have closed provisions. You have to have broad definitions without specifying this section is for credit card fraud, this section is for data fraud.
Do you think if there was more public reporting of these issues there would be a broadening of the law?
Exactly. More reporting of the issues will make the government aware of the pitfalls in the law. No law is perfect. It has to grow, develop and imbibe all those gaps, loops and holes which need to be filled.
In other parts of the world, governments have legislated rules requiring companies to publicly disclose security breaches. Do you think a similar tactic should be used here?
The UAE does need a strategic cyber security policy. That would be something that gives you points as a corporate [or business] that you are bound to adhere to with regard to your cyber security. The UAE does have the best infrastructure and technology. But the point is that with the technology you need a strong backup of law.
One of the things that seems to be a challenge, though, is businesses would have to admit they've done something wrong if security breaches were made public.
None of the banks will bring it out in the open because they'd certainly not like it to be splashed in the news. All [their customers would] get scared: "How safe are we? Our accounts and money are in that bank." But the point is banks are being hit, banks are facing a lot of intrusions. Why does each bank have such a huge department on the data collection and fraud department?
So what's the upshot on data breaches?
The point is if they [want] to curb it, it needs to be reported. The negative is the bank might lose some of its credibility, but on the positive side, people will become aware that cyber crimes are on the rise and need to be more alert with their online banking, phone banking and credit card. Cyber crime goes on because people are confident they cannot be traced - the anonymity. That's the best mask of committing a crime.
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Company%20Profile
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RACE SCHEDULE
All times UAE ( 4 GMT)
Friday, September 29
First practice: 7am - 8.30am
Second practice: 11am - 12.30pm
Saturday, September 30
Qualifying: 1pm - 2pm
Sunday, October 1
Race: 11am - 1pm
Indoor cricket in a nutshell
Indoor Cricket World Cup - Sep 16-20, Insportz, Dubai
16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership
Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.
Zones
A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full
The bio
Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.
Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.
Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.
Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.
COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
COMPANY%20PROFILE
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US PGA Championship in numbers
1 Joost Luiten produced a memorable hole in one at the par-three fourth in the first round.
2 To date, the only two players to win the PGA Championship after winning the week before are Rory McIlroy (2014 WGC-Bridgestone Invitational) and Tiger Woods (2007, WGC-Bridgestone Invitational). Hideki Matsuyama or Chris Stroud could have made it three.
3 Number of seasons without a major for McIlroy, who finished in a tie for 22nd.
4 Louis Oosthuizen has now finished second in all four of the game's major championships.
5 In the fifth hole of the final round, McIlroy holed his longest putt of the week - from 16ft 8in - for birdie.
6 For the sixth successive year, play was disrupted by bad weather with a delay of one hour and 43 minutes on Friday.
7 Seven under par (64) was the best round of the week, shot by Matsuyama and Francesco Molinari on Day 2.
8 Number of shots taken by Jason Day on the 18th hole in round three after a risky recovery shot backfired.
9 Jon Rahm's age in months the last time Phil Mickelson missed the cut in the US PGA, in 1995.
10 Jimmy Walker's opening round as defending champion was a 10-over-par 81.
11 The par-four 11th coincidentally ranked as the 11th hardest hole overall with a scoring average of 4.192.
12 Paul Casey was a combined 12 under par for his first round in this year's majors.
13 The average world ranking of the last 13 PGA winners before this week was 25. Kevin Kisner began the week ranked 25th.
14 The world ranking of Justin Thomas before his victory.
15 Of the top 15 players after 54 holes, only Oosthuizen had previously won a major.
16 The par-four 16th marks the start of Quail Hollow's so-called "Green Mile" of finishing holes, some of the toughest in golf.
17 The first round scoring average of the last 17 major champions was 67.2. Kisner and Thorbjorn Olesen shot 67 on day one at Quail Hollow.
18 For the first time in 18 majors, the eventual winner was over par after round one (Thomas shot 73).
Nayanthara: Beyond The Fairy Tale
Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni
Director: Amith Krishnan
Rating: 3.5/5
Singham Again
Director: Rohit Shetty
Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone
Rating: 3/5