Breaking cybersecurity news, news analysis, commentary, and other content from around the world, with an initial focus on the Middle East & Africa and the Asia Pacific

UAE, US Partner to Bolster Financial Services Cybersecurity

The two countries agree to share financial services information and provide cross-border training and best practices.

Dark Reading Staff, Dark Reading

October 17, 2023

1 Min Read
US dollars next to the UAE flag
Source: Iuliia Nemchinova via Alamy Stock Photo

The US Treasury Department and the Cyber Security Council of the United Arab Emirates have agreed to share more information on cybersecurity threats and incidents affecting the financial services industry.

This partnership is part of the Treasury's collaborative approach to improving cybersecurity for the international financial system, including public-private partnerships and close relationships with international partners.

In a meeting at the Gitex Global Conference in Dubai, Dr. Mohamad Al Kuwaiti, head of cybersecurity for the UAE government, met with Todd Conklin, deputy assistant secretary of the Treasury, and agreed to cooperate in multiple areas:

  • Financial sector information sharing, including cybersecurity information on incidents and threats.

  • Staff training and study visits to promote cooperation in cybersecurity.

  • Competency-building activities such as the conduct of cross-border cybersecurity exercises.

The announcement follows the Treasury visit to the UAE in November 2021, when the US established a bilateral partnership to protect critical infrastructure in the financial sector and recognized the importance of more cybersecurity cooperation to protect the international financial system.

About the Author

Dark Reading Staff

Dark Reading

Dark Reading is a leading cybersecurity media site.

Keep up with the latest cybersecurity threats, newly discovered vulnerabilities, data breach information, and emerging trends. Delivered daily or weekly right to your email inbox.

You May Also Like


More Insights