Shaimaa Raafat

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47% of cyber phishing attacks in 2016 are financial

According to Massachusetts-based cyber-security-solution firm Kaspersky, financial phishing attacks were at an all-time high last year, with financial attacks accounting for nearly half (47.48%) of the 155m phishing scams recorded in total. Phishing attacks cost the least for cyber criminals to launch. According to the “Financial Cyberthreats in 2016” report, financial phishing attacks increased by …

Shaimaa Raafat

Accelero Capital acquires ownership of its largest shareholder OTMTI 

Accelero Capital, the investment and management group, has announced on Tuesday that it has acquired ownership interest of its largest shareholder, Orascom TMT Investments (OTMTI), in a management buyout. According to the press statement, the transaction will include the discontinuation of the management of certain assets for which Accelero Capital currently provides management, consultancy, and …

Shaimaa Raafat