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UAE Cyber Security Council foils financial sector attacks

The authority contained the impact of sophisticated attempts targeting digital infrastructure and confirmed financial service continuity.

By ABU DHABI2 min read

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UAE Cyber Security Council foils financial sector attacks
UAE Cyber Security Council foils financial sector attacks, ensuring digital stability. Photo by khaleejtimes.com
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The UAE Cyber Security Council successfully thwarted sophisticated cyberattacks targeting entities in the financial sector. This decisive action contained the impact of the threats while ensuring the continuity of financial services and the stability of the country's digital ecosystem. By neutralizing these threats, the council protected the integrity of critical financial operations that underpin the national economy.

The council provided details on the foiled attacks, identifying attempts to target digital systems and critical technology infrastructure. Attackers employed advanced phishing campaigns, exploited security vulnerabilities, and deployed malware to breach defenses. Notably, the attackers also used artificial intelligence to develop more sophisticated attack methods and increase their complexity, signaling a concerning evolution in the tactics used against national interests.

All entities in the country are urged to comply with national cybersecurity regulations and policies. Recommendations include strengthening preventive security measures, regularly updating systems, and promptly reporting any suspicious cyber indicators or activities through official reporting channels. The UAE Cyber Security Council reassured the public that the country possesses strong cybersecurity capabilities, emphasizing that the national system implements proactive measures. These measures include continuous monitoring, cyber threat intelligence sharing, enhanced readiness, and strengthened early detection and rapid response capabilities to handle evolving threats.

The UAE’s fast-paced digital transformation is making it one of the region’s most targeted markets for cyberattacks. Organizations are currently grappling with rising volumes of threats and increasingly complex data environments. According to the UAE Cyber Security Council, the country faces more than 800,000 cyberattack attempts daily. Yahya Kassab, Senior Director and GM for KSA and the Gulf at Commvault, noted that the true volume is likely higher still, a figure that keeps climbing by the day. This high volume reflects the intense activity targeting the nation's digital infrastructure.

"The countries that are most advanced in their digital transformation tend to attract the most attacks… and the UAE sits firmly in that category."

— Yahya Kassab, Senior Director and GM for KSA and the Gulf at Commvault

As cyber risks intensify, the focus in the UAE is increasingly shifting towards preparedness and rapid recovery. This trend is likely to define the country’s cybersecurity strategy as digital ambitions accelerate.

Frequently asked questions

How many cyberattacks does UAE face daily

The UAE faces more than 800,000 cyberattack attempts daily.

What measures does UAE take against cyberattacks

The UAE implements proactive measures including continuous monitoring, cyber threat intelligence sharing, enhanced readiness, and strengthened early detection and rapid response capabilities.

Did UAE Cyber Security Council stop financial sector attacks

Yes, the UAE Cyber Security Council successfully thwarted sophisticated cyberattacks targeting entities in the financial sector, ensuring service continuity and digital stability.

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Written by

Ashik Ahmed

Reporting from Abu Dhabi — independent, on the ground, and built on local sources.