ITP.net’s tech 2017 round-up: December
Florida man responsible for Uber hack, we unveil tech leaders of 2017 and e-commerce ends the year on a high
ITP.net kicked off December with unveiling Technology Leaders of 2017, where we brought together important and influential individuals working in IT within the Middle East. We aimed to not only recognise but celebrate the diversity within the IT sector by focusing on six industry verticals: telecommunications, channel, chief information officers, education, government and entrepreneurs.
In November news had broken that ride-hailing service Uber suffered a massive cyber-attack in October 2016 and despite knowing, Uber's former CEO failed to disclose the information. In December it was reported that a 20-year-old man living in Florida was responsible for the hack. He was paid $100,000 to destroy the information and keep the entire scandal a secret.
E-commerce was still flourishing in December; Noon became live in the Kingdom of Saudi Arabia and SOUQ.com launched Amazon's Global Store meaning customers in the UAE were able to purchase over million products from the US-based Amazon online store and pay in AED.
Cryptocurrency also made headlines as the UAE and Kingdom of Saudi Arabia joined forces to introduce a digital currency to allow for cross-border transaction. Additionally NCR Corporation teamed up with CoinHub, a cryptocurrency exchange in the UAE, to enable users to make cash withdrawals from their cryptocurrency account at the ATM.