September 01, 2023. | Compliance, Cybersecurity, DFSA

Cyber crisis management is evolving …are you keeping pace?

The Dubai Financial Services Authority (DFSA) recently published a report on its first industry-level cyber simulation exercise.

This involved 17 Authorized Firms and was conducted across the DIFC in partnership with consulting firm Control Risks.

The idea was to provide an opportunity for firms to assess and improve the effectiveness of their cyber crisis management capabilities—and in turn improve the DFSA’s capability to respond to a widespread cyber incident.

The report (which is freely accessible through the DFSA website) is essentially an overview of the key elements of the exercise and a summary of findings.

The exercise forms part of the DFSA’s wider efforts to improve cybersecurity awareness and support the continued development of cyber resilience within DIFC firms.

To discuss this or if you have any questions at all, just get in touch – we’re very happy to help.

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