Mohamed Al Kuwaiti (left), head of cybersecurity for the UAE government, and Mohamed Al Hammadi (right), managing director and chief executive of Enec. The two entities will exchange information and expertise on cyber security-related matters. Enec
Mohamed Al Kuwaiti (left), head of cybersecurity for the UAE government, and Mohamed Al Hammadi (right), managing director and chief executive of Enec. The two entities will exchange information and expertise on cyber security-related matters. Enec
Mohamed Al Kuwaiti (left), head of cybersecurity for the UAE government, and Mohamed Al Hammadi (right), managing director and chief executive of Enec. The two entities will exchange information and expertise on cyber security-related matters. Enec
Mohamed Al Kuwaiti (left), head of cybersecurity for the UAE government, and Mohamed Al Hammadi (right), managing director and chief executive of Enec. The two entities will exchange information and e

Enec signs preliminary agreement with UAE Cyber Security Council


Fareed Rahman
  • English
  • Arabic

The Emirates Nuclear Energy Corporation (Enec) has signed a preliminary agreement with the UAE Cyber Security Council for the development of new strategies and policies to enhance cyber security in the energy sector.

The two entities will exchange information and expertise on cyber security-related matters, with Enec providing experts for the establishment of a national-level security operations centre, according to a statement from Enec on Sunday.

“Cyber security is a critical focus for Enec as we work to ensure we are well-equipped to mitigate any potential cyber challenges,” said Mohamed Al Hammadi, managing director and chief executive of Enec.

“By working closely with the UAE Cyber Security Council, we are committed to sharing best practices and ensuring the UAE strengthens its position as a world leader in innovation with the most advanced cyber systems.”

The new agreement comes as cyber risks continue to rise across the globe, posing risks to critical infrastructure and other sectors of the economy.

Online criminal activity cost the world about $6 trillion last year, according to a study by research company Cybersecurity Ventures. By 2025, such crimes will be expected to cost the world about $10.5tn, up 250 per cent from $3tn in 2015, it said.

Nearly $22tn in collective rated debt associated with more than 70 global rating sectors has high or very high exposure to cyber risks in 2022, with critical infrastructure experiencing the highest risk, Moody's Investors Service said in a recent report.

Sectors that significantly rely on data, most notably utilities, are the most attractive targets for cyber attacks, according to Moody's.

The agreement with Enec “aims to unite efforts and capabilities in order to develop and disseminate modern technologies that enhance and contribute to the establishment of protected infrastructure”, said Mohamed Al Kuwaiti, head of cyber security with the UAE government.

The UAE Cyber Security Council and Enec will also collaborate to develop and conduct exercises for the energy sector to respond to any cyber incidents, the statement said.

The two entities are also set to host the CyberEnergy Leadership Forum in 2023, a national-level forum for sharing information on key issues related to cyber security strategy and implementation after the success of the first CyberEnergy Leadership Forum held last month, it said.

Enec, which is part of Abu Dhabi's holding company, ADQ is developing the Barakah nuclear power plant to boost the clean energy capacity of the UAE. The third unit of the 5,600 megawatts power plant recently started operations and was connected to the grid.

The specs
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  • On sale: 2026
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UAE currency: the story behind the money in your pockets
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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Tearful appearance

Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday. 

Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow. 

She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.

A spokesman said her upset demeanour was due to a personal matter.

Updated: October 09, 2022, 12:43 PM`