The UAE's state news agency WAM reported on Friday that the UAE government's Cyber Security Council successfully thwarted sophisticated cyberattacks targeting several entities operating in the financial sector.
The Council affirmed that the cyber monitoring and response teams are working around the clock within an integrated national system, in coordination with the relevant authorities, the financial sector and strategic partners, to ensure the rapid detection, analysis and response to threats in accordance with best practices and global standards, thereby enhancing the state’s readiness to confront various cyber risks.
He explained that the attacks included attempts to target digital systems and technical infrastructure, carry out advanced phishing campaigns, attempts to exploit security vulnerabilities and spread malware, as well as the use of artificial intelligence techniques to develop and increase the complexity of attack methods, which reflects the continuous evolution in the nature of cyber threats targeting the financial sector worldwide.
He noted that the National Cybersecurity System continues to implement proactive measures that include continuous monitoring, sharing cyber intelligence, raising the level of readiness, and enhancing early detection and rapid response capabilities, in order to ensure the protection of digital assets and vital systems, and to maintain the reliability of financial services.
The Cyber Security Council reiterated its call for all parties to adhere to national cyber security controls and policies, enhance preventive protection measures, continuously update systems, and immediately report any suspicious cyber indicators or activities through official approved channels.
He affirmed that the UAE, thanks to its advanced national system and strategic partnerships, possesses sophisticated cybersecurity capabilities that enable it to deal efficiently with evolving threats, thereby enhancing the security of the digital space, maintaining the stability of the financial sector, and supporting the continuity of vital services and customer confidence.
