Dubai: Experts taking part in the 'Inside the Cyber Criminal Mind' session, held during the Annual Meetings of the Global Future Councils and Cybersecurity 2025, organised by the UAE government in collaboration with the World Economic Forum (WEF), emphasised the importance of raising community awareness, demonstrating courage, and promptly reporting cybercrimes to the relevant authorities and law enforcement agencies.
According to Emirates News Agency, the session featured Neal Jetton, Director of Cybercrime at Interpol, Singapore, and Max Smits, Co-Director of Virtual Roots, UK, and was moderated by Emma Graham, Middle East Bureau Chief at CNBC, UK.
Neal Jetton outlined the economic impact of cybercrime, noting that annual losses are estimated to total trillions of dollars, resulting from phishing, extortion, and reputational damage perpetrated by cybercriminals. He emphasized Interpol's commitment to bringing together global experts and hosting representatives from companies that have experienced cyberattacks. This effort aims to share experiences and raise awareness, despite many victims avoiding disclosure due to feelings of shame or embarrassment.
Jetton stressed that prompt reporting is a crucial first step in responding to victims, highlighting a common misconception that the law will not protect victims. He noted that Interpol is working hard to change this perception by building capabilities, strengthening communication channels, and enhancing the exchange of security information through partnerships, primarily with the World Economic Forum. Interpol is also focused on bolstering the digital infrastructure of its member network to tackle threats such as phishing and extortion.
Max Smits pointed out that hesitation to report cybercrimes often stems from human factors, most notably embarrassment or a lack of understanding of the necessary procedures. He emphasized the urgent need to raise awareness and establish clearly defined reporting channels. Smits also shared practical advice on safeguarding against cyber threats, such as using strong passwords, verifying the authenticity of emails, and avoiding suspicious links or requests.
The speakers called for closer cooperation between the public and private sectors and greater efforts to raise public awareness. This is particularly important amid growing global attention to combating cybercrime and the concerted efforts of relevant stakeholders to mitigate its impact on both individuals and organisations.