UAE Banks on AI to Boost Cybersecurity

UAE Banks on AI to Boost Cybersecurity

December 29, 2023 at 07:04AM

The UAE faces relentless cyberattacks due to its aggressive push for a digitized economy. To counter this, it has strengthened its digital borders, forming cybersecurity partnerships with the US, Morocco, and Chad. With a focus on AI, the UAE is also addressing the need for skilled professionals and the potential risks associated with AI adoption.

From the meeting notes, it is clear that the United Arab Emirates (UAE) is actively promoting a more digitized economy, leading to increased interest and investment. However, this digital transformation has also made the UAE a prime target for cyberattacks. The country has taken significant steps to strengthen its digital defenses, particularly in the financial sector, through key partnerships with the US, Morocco, and Chad, and is working to become a global leader in artificial intelligence (AI) by 2031. The UAE is prioritizing cybersecurity, advocating for more skilled cybersecurity talent, and recognizing the potential of AI while addressing the risks associated with its adoption. As the UAE continues to advance in AI and cybersecurity, it is crucial to address the persistent technology gap and invest in skilled professionals to mitigate cyber threats effectively.

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