The UAE Cybersecurity Council and the Securities and Commodities Authority (SCA) have announced a strategic partnership to enhance cybersecurity across the nation’s capital markets sector, reinforcing investor confidence and supporting the country’s digital transformation goals.
The collaboration aims to develop advanced regulatory frameworks and security standards that ensure the integrity of digital transactions and protect investors against rising cyber threats. It also seeks to attract global digital asset companies, aligning with the UAE’s “We the UAE 2031” vision to position the country as a regional leader in digital and financial innovation.
Waleed Saeed Al Awadhi, Chief Executive Officer of the SCA, said the partnership reflects the Authority’s commitment to advancing a secure and sustainable digital transformation while strengthening cybersecurity across capital markets. He added that the initiative aligns with national directives to enhance the UAE’s role as a global benchmark in financial regulation.
Dr. Mohamed Al Kuwaiti, Head of Cybersecurity for the UAE Government, highlighted that the collaboration is a vital step in building a resilient digital economy. He noted that protecting sensitive data and ensuring secure financial transactions are key to maintaining trust and stability in the UAE’s financial ecosystem.
The partnership underscores the UAE’s broader commitment to unifying cybersecurity efforts across sectors and fostering innovation while addressing increasingly sophisticated cyber threats. It marks a significant move toward securing the nation’s investment environment and ensuring that financial institutions can operate confidently in a rapidly evolving digital landscape.
News Source: Emirates News Agency
