UAE – Mubasher: The Dubai Financial Services Authority (DFSA) will launch a Cyber Threat Intelligence Platform to help companies in the Dubai International Financial Centre (DIFC) take necessary measures to detect and reduce cyber risks.

Set to go live during an event by DFSA in January 2020, the new platform is a result of continuous collaboration with the Dubai Electronic Security Centre (DESC), the National Computer Emergency Response Team (aeCERT) as well as the Computer Incident Response Center Luxembourg (CIRCL), according to a press release on Sunday.

Moreover, top international experts will be contributing to the platform, this includes, HelpAG, Kaspersky, Palo Alto Networks, Cofense, and Recorded Future.

As the region’s first regulator-led cyber threat intelligence platform, the initiative will be operated and managed in collaboration with Help AG.

Additionally, it will offer cyber threat intelligence for both DFSA and the entire DIFC, establishing a cyber-intelligence community accessible to all DIFC businesses of all sizes and abilities with the possibility to cover the wider business community.

Commenting on this milestone, DFSA’s CEO, Bryan Stirewalt, said, “The Platform is designed to strengthen the cyber security environment in the DIFC, with an overarching aim of facilitating businesses in their cyber defences, in a more efficient and coherent manner.”

“It is reflective of the importance of public-private partnerships in combating non-traditional and non-financial risks like cyber security. Many non-financial and non-traditional risks will factor in our operating Business Plan for 2020 and beyond,” he added.

Furthermore, the initiative is a part of DFSA strategy to raise the awareness of cyber threat while improving cyber resilience across DIFC, DFSA’s chief operating officer (COO), Waleed Al Awadhi, concluded.