UAE Banks Conduct Cyber War Games Exercise

The exercises are aimed at finding security gaps in the nations banking infrastructure.

Banks in the United Arab Emirates (UAE) recently participated in a simulated cyberattack event that tested their ability to thwart cyber risks and identified their cyber strengths and weaknesses.
The UAEs Cyber Wargaming event is an initiative created to protect UAEs digital infrastructure and banking sector. It was organized by Central Bank of the UAE, the UAE Governments Cyber Security Council, and the UAE Banks Federation (UBF).
Representatives from UAE banks, financial and technology institutions, strategic partners of the UBF, and cybersecurity experts from the banking and financial sector all attended the event, according to a
press statement
.
The organization of these cybersecurity workshops confirms UBFs commitment to prioritize the security of the banking system and information security, said Jamal Saleh, director general of UBF.
The banking sector event follows
Qatars national drill
in November 2023 that was aimed at determining cyber weaknesses, assessing cyber readiness, and measuring the ability to address attacks and threats.
Saleh noted that events like these help develop fraud prevention solutions and keep pace with changes in the legislative and regulatory environment.

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UAE Banks Conduct Cyber War Games Exercise