UAE Cyber Security Compliance Solutions
We are dedicated to delivering the highest quality of information security, data protection advisory, and support services to our clients in the UAE.
Avoiding cyber attacks has been a priority for companies for a number of years and regulators from around the world have now increased efforts to manage this risk by putting in place a framework of rules and regulations.
Firms under the Dubai Financial Services Authority (“DFSA”), the financial regulator of the Dubai International Financial Center (“DIFC”), and the Financial Services Regulatory Authority (“FSRA”), the financial regulator of the Abu Dhabi Global Market (“ADGM”) are expected to abide by these rules in order to avoid any breaches, fines or public censures.
DFSA
In February 2023, following a number of initiatives, the DFSA issued a Consultation Paper on Cyber Risk and Innovation Support, which resulted in the formulation of new rules and guidance relating to cyber risk management that have been effective from 1 January 2024.
FSRA
In November 2023, following a number of initiatives, the FSRA published a Discussion Paper seeking views on its proposals to enhance information technology risk management practices in authorised firms within the ADGM. The FSRA is planning a Consultation Paper on the same subject in Q2 2024 and most likely issue cyber risk management rules and guidance as early as Q3 2024.
Bespoke cyber security compliance solutions for business operating in the UAE
Waystone Compliance Solutions (“WCS”) expects that UAE regulators will continue to focus on cyber security compliance, following a number of international regulators who have made it mandatory under their regulations.
We understand the importance of a sound compliance function. We work together with firms, their senior managers, and the regulatory authorities in the Middle East to comply with the rules and help to put in place comprehensive systems and controls.
How Waystone Compliance Solutions can help
We offer several bespoke, cyber security services to meet your needs, including:
- cyber security policy review and development
- cyber awareness training for leadership teams and staff
- incident response planning and cyber crisis support
- cyber security governance and resilience assessments
- cyber security hygiene assessments
- Cyber security testing:
- penetration testing
- vulnerability assessments
- scenario-based testing
- social engineering
- phishing assessments
- Microsoft Office 365 risk assessment
- threat assessments/research
- Chief Information Security Officer (CISO) as a service
- NESA compliance assessments.
Why Choose Waystone Compliance Solutions
We serve global clients with local, regional, and international services:
- we offer independent, information security consultancy/advisory
- we are relationship and trust builders
- we have been operating for more than 10 years in this sphere and our three principals have more than 75 years of information security and data protection experience
- we offer a team of experienced compliance professionals and a flexible relationship with sub-contractors
- we offer advisory services to ‘C-Suite’ and board on all aspects of cyber, information security and data protection issues
- our competitors are ‘Big 4’ and next tier of audit firms
- ISO27001:2013 certified in 2016
- ISO27701 certified in 2021.
Our Middle East Solutions team at Waystone Compliance Solutions is dedicated to delivering the highest quality of information security and data protection advisory and support services to its clients. If you would like to find out more about how to mitigate your cyber security risk, please reach out to Shadi Dajani, Executive Director Global Compliance Solutions, or contact us below.