As per Kaspersky Report 2018, Lebanon is the 5th top country in the world by percentage of attacked users. The report also says that Lebanon is ranked at #8 in a comprehensive list of top countries attacked by ‘encryptors’.
One of the biggest cyber attacks (data breach) in Lebanese history allegedly occurred in July 2018- victims were Lebanese government agencies and other private-public institutions.
Global cybersecurity 2018 ranking by ITU- Lebanon is ranked #124 (out of 175 countries) (Arab states ranking #17 out of 22).
The Lebanese government along with Banque Du Liban (Central Bank of Lebanon) has issued policy guidelines for the entities in Lebanon with a great deal of focus on cyber security, but implementing it and measuring its effectiveness is still in its infancy.
The country still lacks an adequate legal framework on cybersecurity strategy and are in the process of establishing dedicated policies and cybersecurity or cybercrime units.
Facts about Lebanon
Lebanon ranks 18th worldwide for the Quality of its higher Educational System and 4th for the quality its Math and Sciences Education.
In 2017, Lebanon ranked 4th worldwide on the Global Ranking for Total Early Stage Entrepreneurial Activity and 3rd for New Firm Entrepreneurs Rate.
The average wage of software engineers is 27% less than in the GCC and 55% less than in selected developed economies
Lebanon’s access to expanding regional markets presents significant opportunities for ICT companies to serve the region
Companies operating out of Lebanon can benefit from an adequate infrastructure and an enabling business environment
Fixed broadband penetration rate ≈ 25.6% in 2016, the highest amongst the Levant countries and other MENA economies
Mobile broadband penetration rate ≈ 53.5% in 2016, up from 43% in 2013. A thriving supporting system: with the proliferation of incubators and business development centers and the increase of financial support by the government and international institutions
The World Bank Group has approved a new US$400 million project to support Lebanon’s quest to expand nationwide employment opportunities, which have been severely impacted by the influx of Syrian refugees and the recent low growth trend of the economy. The financial package is expected to create 52,000 permanent jobs and up to 12,000 short-term employment opportunities. (June 27, 2018)