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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2023-10-17T22:12:00
The United States and United Arab Emirates (UAE) finalized an agreement to work together to safeguard the financial sector from cyberattacks.
The U.S. Treasury’s memorandum of understanding (MOU) with the UAE announced Monday mirrors an agreement between the United States and Israel reached in August 2022 after U.S. Deputy Secretary of the Treasury Wally Adeyemo visited both countries in November 2021.
The visit “established a bilateral partnership to protect critical infrastructure in the financial sector and recognized the importance of deepening cooperation on cybersecurity to protect the integrity of the international financial system,” said the Treasury in a press release.
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News and analysis for the well-informed compliance or audit exec.
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2023-10-17T13:46:00Z By Matt Honea, CW guest columnist
The need to prove network compliance is intensifying as lawmakers introduce new privacy legislation and organizations update their contractual security requirements for third-party vendors.
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