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ARTICLE · 05 FEBRUARY 2020

Cybersecurity: Are You "Operationally Resilient"?

On 22 January 2020, the Dubai Financial Services Authority's (DFSA) launched a Cyber Threat Intelligence Platform (CTIP) to assist businesses in the Dubai International Financial Centre.

United KingdomTechnology

On 22 January 2020, the Dubai Financial Services Authority's (DFSA) launched a Cyber Threat Intelligence Platform (CTIP) to assist businesses in the Dubai International Financial Centre (DIFC) to mitigate cyber threats and limit their impact. In this article we discuss the implications of this new initiative for regulated firms operating in the DIFC, and the importance of managing cyber risk as part of firms' operational resilience. This article is also relevant by analogy for regulated firms established in the Abu Dhabi Global Market.

The CTIP initiative is the first of its kind in the region. It is a collaboration involving a number of key UAE and foreign stakeholders1. The DFSA's new platform enables the sharing of information between regulated and non-regulated companies operating in the DIFC, and connects them with prominent international cybersecurity firms2. This initiative highlights the UAE authorities' increased effort to tackle the growing threat of cyber

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