Mastercard has signed a memorandum of understanding (MoU) with the UAE Cyber Security Council to strengthen the country’s cyber resilience. The partnership focuses on improving threat intelligence and cyber skills, and on supporting secure digital transformation across critical sectors.
Mastercard and the UAE Cyber Security Council (CSC) will work together to advance cybersecurity resilience by sharing global best practices and supporting the development of forward‑looking cybersecurity policies, according to the MoU.
According to Jon M. Huntsman, Jr., Vice Chairman and President, Strategic Growth, Mastercard, “At Mastercard, we are dedicated to safeguarding the UAE’s digital ecosystem in line with the ‘UAE 2031’ vision and the National Cybersecurity Strategy. The MoU with the UAE Cyber Security Council reinforces our position as a trusted partner, technology provider, and policy advisor to the UAE government and a thought leader in the field of cybersecurity. Our collaboration will help CSC assess emerging cyber-risks and protect both people and organizations against them.”
The UAE Cyber Threat Insights Report highlights the increasingly complex ecosystem of threat actors targeting organizations, outlining their diverse objectives and the sophisticated methods they employ.
It has revealed how critical sectors and high‑value national assets are being prioritized by malicious actors, reflecting a broader escalation in cyber risk. The report also highlighted the UAE Government’s sustained efforts to strengthen national cyber resilience, particularly through enhanced public‑private coordination. It is aimed at collective preparedness and reinforcing the country’s leadership in cybersecurity.
The collaboration with CSC will allow Mastercard to apply its extensive expertise in fighting cybercrime and fraud to reinforce the UAE’s cybersecurity posture. Since 2018, the global technology company has invested $10.7 billion in strategic cybersecurity-related acquisitions and future-proof solutions. Mastercard’s AI tools have prevented fraudulent transactions worth $70 billion worldwide in last 10 years.
Cybercrime is expected to cost the world $15.6 trillion by 2029, which makes it equivalent to the third-largest economy globally. Last year, CSC warned that the UAE faces over 200,000 cyberattacks every day, with more than one-third targeting government entities.
“As the UAE advances its digital transformation, exposure to cybercrime grows, with risks to critical sectors escalating exponentially, driven by AI and other threats. In this rapidly evolving landscape, CSC and Mastercard share an unwavering commitment to building a secure and prosperous digital future. We aim to use the company’s global know-how and advanced technology to bolster the UAE’s cybersecurity framework, enhance the country’s readiness to combat increasingly sophisticated cyber-attacks, and consolidate its leadership in this space. Together, we will launch the next wave of innovation that will strengthen our nation’s ability to anticipate and mitigate threats,” said H.E Mohamed Alkuwaiti, Head of Cyber Security, UAE Government.