The Benefits and Challenges of Cyber Security in the Financial Sector: A Focus on the UAE

Article Series: The Benefits and Challenges of Cyber Security in the Financial Sector: A Focus on the UAE

The Benefits and Challenges of Cyber Security in the Financial Sector: A Focus on the UAE

The ADGM Academy Research Centre brings together the ecosystems of academia, industry, government and technology to collaboratively explore solutions and bring insights to the challenges facing the financial sector in the UAE and beyond. We do this through research focused on five key topics: digital transformation, artificial intelligence, data analytics, fintech and cyber security. In this article series we provide an overview of each of these topics and their relevance to the financial sector. Here we look at cyber security.

In the digital age, cyber security has become a critical component for the financial sector, especially in a rapidly evolving economy like the UAE. As the UAE continues to position itself as a global financial hub, the importance of securing financial systems and protecting sensitive data from cyber threats cannot be overstated.