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UAE Central Bank Establishes Cybersecurity Operations Center

According to Check Point Research, the United Arab Emirates has seen roughly 311 weekly attacks per organization this year alone.

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uae central bank establishes cybersecurity operations center

Cyber attacks are a growing problem around the world, and the United Arab Emirates has so far experienced on average 40 percent more attacks weekly in 2021 compared to 2020. According to Check Point Research, the country has seen roughly 311 weekly attacks per organization this year alone. To combat the growing number of cyber threats coming from nation states and independent cybercriminal groups alike, the Central Bank of the UAE (CBUAE) has announced the establishment of the CBUAE Networking and Cybersecurity Operations Center.

The main objective of the new Cybersecurity Operations Center will be the protection of the critical infrastructure that enables UAE’s financial sector to operate.

“In line with the CBUAE’s overarching vision, the CBUAE Networking and Cybersecurity Operations Center will strengthen the UAE’s monetary and financial systems,” said Dr. Sabri Hamed Al Azazi, Assistant Governor, Support Services and Operations, and Chief Operating Officer of CBUAE. “As Cybersecurity threats become increasingly sophisticated, it is critical that we have the necessary framework to protect our financial institutions, their infrastructure, processes, and people from these challenges”.

The Cybersecurity Operations Center will be situated in CBUAE’s Abu Dhabi headquarters. Its proximity to the nation’s major financial institutions should bring better collaboration among decision-makers, helping them respond to cybersecurity threats as they emerge.

Also Read: AI-Powered Dark Web Monitoring Solutions Premier At GITEX 2021

The UK technology comparison website Comparitech analyzed the cost of cyber crime in the UAE, the figure it came up with was $746 million a year. As alarming as the number may be, it doesn’t even tell the whole story because cyber crime in the region is still severely underreported by police, government entities, as well as individuals.

Hopefully, the new Cybersecurity Operations Center will help improve the resilience and preparedness of the financial sector so that the UAE can achieve sustainable economic growth.

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UAE Comes Out Strongly In Guinness World Records 2023

Guinness, the renowned cataloger of record-breaking events, has released its latest annual, after sifting through 40,000 applications — and the Arab world is heavily featured.

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uae comes out strongly in guinness world records 2023
Guinness

Guinness World Records, the authority on record-breaking global achievements, has just announced its latest release, “Guinness World Records 2023 (GWR2023),” which will be available online and in physical stores across the Arab region from today.

As usual, GWR 2023 features all of the latest achievements from around the world (and space!), with special features and updated graphics to bring the stories to life.

So why the interest in the latest Guinness installment? Well, it turns out the Arab Region is strongly represented in the book, with more than 50 records featured in the new edition, which is no mean feat considering the volume of competition.

“We’ve sifted through nearly 40,000 record applications over the past year to bring you Guinness World Records 2023. People from all walks of life continue to be fascinated by extremes, and we’ve received claims from across the planet – indeed, even from space! This is why I’ve said the new edition is out of this world,” says Craig Glenday, Guinness Editor in Chief.

Of interest to readers of this platform, Saudi Arabia and the United Arab Emirates both get to flex their record-breaking muscles.

deepest swimming pool in the world

World’s Deepest Swimming Pool

Saudi Arabia claims the title of “Largest LED Structure and Suspended Ornament” courtesy of the Noor Riyadh Festival, as well as other weird and wonderful titles, including the “Largest Lego Formula 1 Car”, as well as perhaps more prestigious honors, such as “Largest Mirrored Building”, “Largest Clock Face”, “Tallest Lighthouse” and the “Largest Geodesic Dome”.

largest mirrored building

World’s Largest Mirrored Building

Also Read: Fan Spends 7 Years To Create Super Mario Bros 5

Not to be outdone, the UAE has claimed several humanitarian record-breaking titles, including the “Longest Video Livestream” (by The Mohammed Bin Rashid Al Maktoum Global Initiatives and pan Arab influencer Hassan Suleiman), the “Largest Donation for Medical Treatment”, and the “Most Awareness Ribbons Made in One Hour”.

longest video livestream

World’s Longest Video Livestream

On the tech front, the UAE also claims several prestigious firsts, including “First 3D-Printed Laboratory”, while the world-renowned Burj Khalifa hangs on to its title of “World’s Tallest Building”.

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