Mastercard Report Reveals Surge in Cyberattacks Targeting EEMEA Sectors

Mastercard Report Reveals Surge in Cyberattacks Targeting EEMEA Sectors

First seen 9 Jun 2026, 23:07 UTC EconomymiddleeastMastercardStreamlinefeed.Co.KeGulfnewsDev.Ua+5 89% similarity 71.5

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Mastercard's inaugural Cyber Pulse report, released on June 9, 2026, reveals a significant increase in cyberattacks across Eastern Europe, the Middle East, and Africa (EEMEA). The public, technology, and financial sectors account for 44% of all cyberthreats, with business systems, customer information, and physical infrastructure being primary targets. The report indicates that 71% of cybercrime in the region is financially motivated or disruptive. The average cost of a data breach in the Middle East is approximately $7.29 million, 64% higher than the global average. Geopolitical instability has contributed to the rise in cybercrime, necessitating a shift towards proactive cyber readiness. Key vulnerabilities identified include application security and web encryption. Organizations are urged to enhance their cybersecurity posture to safeguard against these threats.

Key Points: • 44% of cyberthreats in EEMEA target public, technology, and financial sectors. • 71% of cybercrime is financially motivated or disruptive, highlighting urgent need for resilience. • Average cost of a data breach in the Middle East is $7.29 million, significantly above global average.

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Timeline

2026-06-09
Mastercard Cyber Pulse report released
The report highlights a surge in cyberattacks across EEMEA, emphasizing the need for enhanced digital resilience.
Mastercard
2026-06-09
Economymiddleeast discusses cyber threats
Economymiddleeast covers the Cyber Pulse report, emphasizing the financial stakes and the need for active cybersecurity measures.
Economymiddleeast
2026-06-10
Gulfnews covers Mastercard report findings
Gulfnews reports on the Cyber Pulse report, reiterating the need for organizations to bolster cybersecurity measures.
Gulfnews
2026-06-10
Streamlinefeed reports on cyber espionage surge
Streamlinefeed highlights the critical vulnerabilities in the digital economy due to increased cyber espionage targeting key sectors.
Streamlinefeed.Co.Ke

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