According to data from computer security firm Symantec, the actual amount of money lost in the United Arab Emirates to cyber crimes and hacking was $209 Million (770 Million UAE Dirham). If the total costs of expenses, time lost and lost of productivity were included, then the total loss to cyber crime in the UAE would be $626 Million (2.3 Billion UAE Dirham).
Criminal justice administrators in Dubai state that crimes involving mobile devices has increased in recent years. Top threats involving mobile phones include blackmail, where a user’s personal photos are held for ransom, and using Simboxes to dial international numbers and avoid long distance rates.
Source: Caline Malek, “Technology causes an increase in Dubai mobile phone crime rates,” The National, January 21, 2014.