GPRC Summit 2023 spotlights risk and governance in UAE’s digital future

GPRC Summit 2023 spotlights risk and governance in UAE’s digital future

DUBAI, 26th January, 2023 (WAM) – Dubai's GPRC Summit 2023, which took place on Wednesday, brought together GRC experts, CEOs, executives and key decision-makers from various industries to discuss technologies, insights and key trends shaping the future of enterprise management.

Organised by Ejtemaat Events and hosted by Corporater, the summit focused on the theme of "GPRC - The Future of Effective Enterprise Management for Government and Business Organisations" and addressed the trends impacting the global GRC market, which is expected to reach $134.86 billion by 2030.

In his opening speech at the summit, Mohammed Hamad Al-Kuwaiti, Head of Cyber Security for the Government of the UAE, emphasised the importance of establishing an effective governance, risk, and compliance (GRC) system as a fundamental requirement for a strong cybersecurity strategy. He stated that organisations must first establish a GRC system in order to achieve cybersecurity objectives and create a secure working environment.

Al-Kuwaiti also noted the close link between cybersecurity and GRC and highlighted the role of innovation in governance systems. He added that the Cybersecurity Council, in partnership with the UAE Banks Federation, is committed to creating an innovative work environment and developing cybersecurity policies, procedures, training, and educational materials applicable to industrial control