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Institutions in Middle East highly exposed to new threats: Advisory

May 9, 2014 - 6:00am

Ventures Middle East L.L.C. has said institutions in the Middle East are now highly exposed to new types of threats and risks, given the current political instability and increasing reliance on technology, reports Middle East Insurance Review.

An official from the advisory firm urged companies in the region to set up a strong Business Continuity Management plan to detect vulnerabilities to risks. The firm also said companies cannot simply depend on an emergency response plan.

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