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Dataiku, a Universal AI platform, and KPMG LLP, renowned for […]

For the second year in a row, KPMG in Kuwait observed Cyber Month to promote a world that is secure online. As part of KPMG's commitment to assisting communities, the company's CSR committee oversaw the implementation of the initiative, which aims to increase young people's understanding of the value of cybersecurity and the impending online hazards.

KPMG Lower Gulf has signed an agreement with the UAE Cyber Security Council to raise cyber safety awareness among students across the country and assist in the creation of a safe and strong cyber infrastructure in the UAE.

OTO will represent Saudi Arabia in the global final, which will take place in November 2022 in Lisbon, Portugal, against the winning finalists from 22 other countries and jurisdictions.

The agreement also seeks to assist governments and businesses in protecting their data. KPMG and CPX will collaborate on new opportunities and mutually beneficial projects as part of their partnership.

“Preparing an organization’s people and culture for IT/OT convergence is critical for success, with process and workflow convergence being integral to broader IT/OT convergence plan,” explains Ton Diemont, Head of Cybersecurity & Data Privacy.

“The banking sector continued to lead the charge towards recovery in the first nine months of FY2021, thanks to sustained strong growth in mortgage finance, the total lending exposure of Saudi banks to the private sector is edging towards a phenomenal SAR 2 trillion mark,” commented Khalil Ibrahim Al Sedais, Office Managing Partner – Riyadh KPMG in Saudi Arabia.

Organizations in the UAE are outpacing their global counterparts in terms of achieving their digital transformation goals, including investments in IoT, Edge, 5G, and intelligent automation. According to the most recent KPMG UAE Tech Report 2022, the majority (93%) of UAE businesses plan to invest in the metaverse as a result of widespread technology adoption and customer demand.

A recent Information Age article further claims that the time is right for passwordless authentication, as “passwordless authentication makes users’ lives easier” and removes the human factor from cybersecurity — where “people just can’t be trusted to set reliable passwords, to change them frequently, to make sure they are strong, and to keep them secure.”

GCC nations have established themselves, of late, as leaders in cyber-readiness. Saudi Arabia was ranked second and the United Arab Emirates was fifth, in the International Telecommunication Union’s Global Cybersecurity Index of 2020. The UAE made particular strides, having leapt from 33rd in the 2019 edition of the index. And yet both Gulf nations saw spikes in cyber incidents.