Following the instances of various malicious cyberattacks, the UAE Cybersecurity Council has announced it is developing three new policies to strengthen the country’s cybersecurity system. These policies are aimed at upgrading UAE’s positioning as a global hub for AI and a slew of advanced technologies.
According to Dr. Mohammed Hamad Al Kuwaiti – Chairman of the UAE Cybersecurity Council, the policies will include technologies such as ‘Internet of Things Security’, ‘Cloud Computing and Data Security’, and ‘Cybersecurity Operations Centers’. Additionally, these will follow the acclaimed ‘encryption law’ which sets the standards for data transmissions and their security in line with quantum systems.
Aiming Towards Better Cybersecurity Posture in UAE
Over the years, the UAE has become one of the most lucrative countries in the world for companies to thrive. It is en route to becoming a global data hub thanks to the adequate resources and capabilities it possesses.
With the new policies in place, this will buffer various strategic sectors from malicious cyberattacks and attempts. It is imperative especially when attacks have become more sophisticated and with penetrative damage no longer restricted to financial losses but can induce reputational damage and loss of trust among stakeholders.
Dr. Kuwaiti went on to explain how ‘Digital Transformation’ is a key step in UAE. It encompasses almost every industry ranging from aviation, education, health, and energy, among others. As the complexities of systems and data across these strategic sectors have increased, so has the potential of cyberattacks leading a business (be it private or public) toward the cusp of irreversible damage. Thus, this has given rise to the need for advanced cybersecurity systems to counter such attacks.
With the evolution of AI, cybersecurity companies can leverage it to find vulnerabilities in their existing security infrastructure and take measures to plug them. This underpins the cybersecurity of sectors that could have led to malpractices such as infringement of intellectual properties, identity theft, data leaks, reputation damage, and breach of digital security records, to name a few.
The financial sector appears to be the most hit with cyberattacks potentially uncovering a series of risks including blackmailing individuals to even countries, compromising national security, and beyond.
As UAE is hurtling towards becoming a global hub, these policies will become an integral part of uplifting its cybersecurity posture benefiting the companies operating in the country. These new policies will also allow other companies to set up their business in the UAE and reap the benefits including a robust and ever-growing economy, abundant resources, and enjoy a haven of more than 200 nationalities living in harmony.
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