According to the KPMG, CEOs reported cyber security as the number one threat to their company’s growth over the next three years
KPMG Lower Gulf signed a memorandum of understanding with cybersecurity solutions and services provider CPX Holding to strengthen cybersecurity maturity in the UAE and help governments and businesses protect their data, according to a statement from KPMG.
“The strong digital growth of the UAE has catapulted cybersecurity to the top of the agenda for business leaders today. Our collaboration will strengthen our joint market positioning and enhance our service portfolios through the work of a team of experts in cyber-consulting, system engineering, cloud services and cybersecurity technology,” said Nadar Haffar, Chairman and CEO, KPMG Lower Gulf.
According to the KPMG 2021 CEO Outlook Pulse Survey, globally, CEOs reported cyber security as the number one threat to their company’s growth over the next three years; a significant increase from the fifth place since 2020, and ahead of regulatory, tax and supply chain risks. The MoU will enable KPMG and CPX to work together for joint marketing campaigns, including events and thought leadership, and share resources to help UAE organisations unlock business value and strengthen growth.
“It is crucial for businesses today to invest in improving their cyber maturity to mitigate any cyber risks that could hamper growth and innovation. We are proud to partner with one of the region’s largest global professional services firms to implement advanced cyber solutions and services in the UAE,” said Khaled Al Melhi, CEO,CPX.