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KPMG and CPX sign MoU to increase cyber maturity in UAE

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KPMG Lower Gulf has signed a memorandum of understanding with UAE-based digital-first cybersecurity solutions and services provider CPX Holding (CPX) to increase the UAE’s cybersecurity maturity and help governments and businesses protect their data.

Through this partnership, KPMG and CPX will collaborate on new opportunities and mutually beneficial projects.

The signing ceremony was held at KPMG’s Lower Gulf Dubai office and was attended by Khaled Al Melhi, CEO of CPX, and Nader Hafar, Chairman of the Middle East and South Asia Region and Chairman and CEO of KPMG’s Lower Gulf.

cyber threats

According to KPMG’s 2021 CEO Outlook Pulse Survey, global CEOs report that cybersecurity is the number one concern for their companies’ growth over the next three years; rising significantly from fifth place since 2020, and ahead of regulatory, tax and supply chain risks. The MoU will enable KPMG and CPX to work together on joint marketing activities, including events and thought leadership, and share resources to help UAE organisations unlock business value and enhance growth.

Haffar said: “The UAE’s strong digital growth has put cybersecurity at the top of the agenda for today’s business leaders. Our collaboration will strengthen our shared market positioning and enhance our service portfolio.”

Invest in Network Maturity

Al Melhi said: “It is critical for businesses today to invest in increasing their cyber sophistication to mitigate any cyber risks that may hinder growth and innovation. We are proud to partner with one of the largest global professional services firms in the region, Implement advanced network solutions and services in the UAE.”- arab trade news agency

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