Studies and reports

Overall online spending continues to grow in the UAE, and is forecast to reach AED 36 billion by the end of 2018,  according to a joint report  issued by PayPal and Ipsos today.  The Fourth Annual Cross-border Commerce report, which tracks online domestic and cross-border shopping habits of approximately 34,000 consumers in 31 countries,  also revealed that 81% of adults in UAE shopped online in the past 12 months, up from 68% in 2016. 

Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today released its Midyear Security Roundup 2018, revealing that cybercriminals are moving away from attention-grabbing ransomware attacks to more covert methods intended to steal money and valuable computing resources.

Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today announced the availability of its latest quarterly Email Security Risk Assessment (ESRA), an aggregated report of tests that measure the efficacy of widely used email security systems.

Debate about auditor scepticism needs to be more substantial and constructive, according to ICAEW’s latest report Scepticism: The Practitioners’ Take. The report captures fresh insights from auditors, and those who train and regulate them. It highlights what auditors are doing and recognises that they have lessons to learn, but also says that it is unhelpful to use ‘lack of auditor scepticism’ as a catch-all explanation for anything that goes wrong on audits.

The latest edition of the Fortune Global 500 Index for 2018 confirms the ever-increasing role that emerging markets are playing as key drivers of global economic growth and their influence on top international firms.