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DIFC, Mastercard to step up cybersecurity efforts


DIFC, Mastercard to step up cybersecurity efforts
DUBAI, February 2, 2021
Mastercard has launched its Global Cyber Forward programme in partnership with Dubai International Financial Centre (DIFC), the leading global financial centre and largest FinTech hub in the Middle East, Africa and South Asia (MEASA) region.
According to an industry study, the threat of direct and indirect cyberattacks on global businesses is significant over the next five years, with an estimated $5.2 trillion in revenue potentially being at risk, while another study reported that 50 per cent of global businesses are not prepared to deal with cyberattacks, reported Emirates news agency
WAM.
This partnership between DIFC and Mastercard will help boost cyber readiness and resilience across the financial industry, enabling effective cyber security oversight through the Dubai Financial Services Authority (DFSA) Threat Intelligence Platform (TIP) that was launched in January 2020. The Glo ....

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Mastercard Teams Up With Dubai International Financial Center to Enhance Regional Cybersecurity Efforts


Mastercard Teams Up With Dubai International Financial Center to Enhance Regional Cybersecurity Efforts
Mastercard announced over the weekend that it has teamed up with 
Dubai International Financial Center (DIFC) to launch new enhanced regional cybersecurity efforts through the “Cyber Forward” program. According to Mastercard, Cyber Forward is to build secure digital ecosystems through public-private partnerships.
“The Global Cyber Forward program combines Mastercard’s cutting-edge capabilities in cyber security with those of leading public sector organizations to create secure digital ecosystems at a national, local and city-level. This partnership with DIFC will help boost cyber readiness and resilience across the financial industry, enabling effective cyber security oversight through the Dubai Financial Service Authority (DFSA) Threat Intelligence Platform (TIP) that was launched in January 2020.” ....

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DIFC And Mastercard Partner To Enhance Cybersecurity Efforts Globally


DIFC And Mastercard Partner To Enhance Cybersecurity Efforts Globally
Date
Reinforces DIFC’s leading reputation in MEASA for cyber security, data protection and world-class regulations
Mastercard today launched its Global Cyber Forward programme in partnership with Dubai International Financial Centre (DIFC), the leading global financial centre and largest FinTech hub in the Middle East, Africa and South Asia (MEASA) region.
Governments, financial institutions and businesses around the world have been facing an increase in cyber threats as people and businesses become more digitally connected. According to an industry study, the threat of direct and indirect cyberattacks on global businesses is significant, with up to $5.2 trillion in economic impact being at risk over the next 5 years. Another study reported that 50 percent of global businesses are not prepared to deal with cyberattacks. ....

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