Sunday 03 March 2024
Sunday 03 March 2024
CBUAE: "FATF" Announcement of UAE Completion of the Requirements is a Testament of Concerted National Efforts to Combat Money Laundering and Terrorism Financing
Press Release
Tuesday 06 February 2024
Tuesday 06 February 2024
CBUAE revokes the licence and registration of Smart and Secure Insurance Agent
Press Release
Monday 05 February 2024
Monday 05 February 2024
CBUAE launches the fifth cohort of the Executive Certificate for Risk-Based Supervision Professionals
Press Release
Wednesday 31 January 2024
Wednesday 31 January 2024
CBUAE Maintains the Base Rate at 5.40%
Press Release
Tuesday 30 January 2024
Tuesday 30 January 2024
CBUAE imposes a financial sanction of AED 1.2 million on an insurance company operating in the UAE
Press Release
Monday 29 January 2024
Monday 29 January 2024
Mansour bin Zayed witnesses UAE Central Bank's Golden Jubilee
Press Release
Tuesday 16 January 2024
Tuesday 16 January 2024
Summary Report - Monetary Banking Developments - November 2023
Press Release
Cyber-Security Centre of Excellence
The Risk Management and Compliance Department is the second line of defence for the Central Bank of the UAE, responsible for the management and oversight of the financial risks and non-financial risks.
It Identifies, manages, and reports all financial and non-financial risks faced by all CBUAE functions. Its primary purpose is promoting awareness of risk management among CBUAE staff, and establishing a CBUAE risk-aware culture.
Vision
A secure UAE financial sector infrastructure that inspires technological innovation and supports economic growth.
Mission
To collaborate with the UAE’s financial sector stakeholders to support real-world cyber-security capabilities that address business needs.
The Cyber-Security Centre of Excellence:
-
Employs information sharing and threat intelligence.
-
Co-ordinates incident response for major incidents that impact an entity or multiple entities.
-
Hones the capability and capacity of entities to respond to cyber-attacks.
-
Evaluates the cyber- resilience of entities through periodic “red team” assessment.
-
Provides regulatory oversight and advises different entities in the financial sector as required.
Cyber-Security Role
Situational Awareness
Guided Incident Response
Cyber-Drills
“Red Team” Assessment
The Licensed Entities that are covered by the Cyber-Security Centre of Excellence
-
Banks
-
Financial Companies
-
Financial Investment Companies
-
Money Exchanges
-
Financial Intermediaries
-
Insurance Companies
Initiatives
Rate this page
Rated by
PeopleThanks for rating
Last updated on: Thursday 28 July 2022
Total visitors 3698
Rate this page
Rated by 0 People
Thanks for rating