Home
Technology
Cybersecurity

KPMG inks MoU with CPX Holding to boost cyber maturity in the UAE

The MoU will enable both organisations to share resources to help UAE businesses to unlock business value and strengthen growth

by Gulf Business

July 6, 2022

KPMG Lower Gulf has signed an MoU with CPX Holding (CPX), a UAE-based provider of digital-first cybersecurity solutions and services.

The partnership aims to strengthen cybersecurity maturity in the UAE and help governments and businesses protect their data.

The signing ceremony was held at the KPMG Lower Gulf offices in Dubai in the presence of Khaled Al Melhi, chief executive officer at CPX, and Nader Haffar, chairman of Middle East and South Asia and chairman and CEO of KPMG Lower Gulf.

KPMG Lower Gulf is delighted to sign an MoU with @cpxholding, UAE’s leading cybersecurity solutions and services provider. This partnership is aimed at enabling governments and businesses to boost cyber-safe growth in the UAE and protect their data. https://t.co/yxtyJNx2ka pic.twitter.com/DO7fo8UJ8q

— KPMG Lower Gulf (@KPMG_LowerGulf) July 6, 2022

According to the KPMG 2021 CEO Outlook Pulse Survey, globally, CEOs reported cybersecurity as the number one threat to their company’s growth over the next three years – a significant increase from fifth place since 2020, and ahead of regulatory, tax and supply chain risks. The MoU will enable both organisations to work together for joint marketing campaigns, including events and thought leadership, and well as share resources to help UAE businesses to unlock business value and strengthen growth.

Haffar said: “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 both our service portfolios through the work of a team of experts in cyber-consulting, system engineering, cloud services and cybersecurity technology.”

Melhi added: “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 largest global professional services firms in the region to implement advanced cyber solutions and services in the UAE.”

Read: EMEA to see increasing investment in DeFi in 2022: KPMG