The Emirates Identity Authority (Emirates ID) recently attended an international summit on information and network security for the emerging markets, held in Helsinki from September 20 to 21.
His Excellency Dr Engineer Ali Mohamed Al Khouri, Director General of Emirates ID, presented a paper on developing markets in the digital world in the opening session of the summit. During the presentation, he mentioned the UAE leadership's keenness to provide a safe environment for all residents and to create a suitable economic climate for investors from all over the world.
Pointing out that the UAE is one of the fastest growing markets in the world, Al Khouri narrated the country’s experience in building a knowledge-based economy through various projects being implemented according to clear-cut strategies aimed at building the new digital world.
Al Khouri also talked about governmental strategies to support and develop the public and private sectors as well as the projects being implemented by Emirates ID. The government is promoting e-Services and e-commerce through advanced techniques such as digital signature, digital certificates, and encryption that provide high levels of protection for information in the digital space, he added.
Referring to the most influential countries in the developing world and the economic power they have gained from the recovery of their industrial and commercial sectors Al Khouri said that rapid development of the technology sector and its role in strengthening production lines have contributed to such growth.
Al Khouri explained that the modern world is now connected seamlessly and that developed economies and markets alike rely on electronic networks and information exchange. The security of networks and information is a challenge that requires action from governments in order to stimulate the market and protect intellectual property rights.
Although many institutions use advanced network protection systems, studies indicate that technology development is enabling security breaches, which cause enormous financial losses for these institutions.