ADIB Announces Winners of UAE Cybersecurity Innovation Challenge, Bolstering National Digital Defenses
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The Abu Dhabi Islamic Bank (ADIB) has revealed the winners of its inaugural UAE Cybersecurity Innovation Challenge, a strategic initiative aimed at identifying adn accelerating the development of cutting-edge technologies to strengthen the nation’s financial ecosystem against evolving cyber threats. The challenge, conducted in partnership with the UAE Cyber Security Council and the DIFC Innovation Hub, culminated in the selection of three global innovators poised to enhance national cyber resilience.
Securing the Future of Finance: A Collaborative Approach
The initiative attracted over 50 pitches from around the globe,ultimately narrowing the field to 10 finalists who presented their solutions to a distinguished judging panel. Representatives from industry leaders including Microsoft, Visa, and Al Etihad Payments evaluated the submissions based on their level of innovation, practical deployment feasibility, and direct relevance to the specific security challenges facing the UAE.
The three winning companies – Corgea (US), Nothreat (UK), and DTEX Systems (US) – each offer unique approaches to combating modern cyber threats. According to a company release, the selection underscores a commitment to proactive defense and a diversified cybersecurity strategy.
Winners Tackle Diverse Threat Vectors
Here’s a closer look at the winning solutions:
- Corgea (San Francisco): This company provides an advanced platform focused on proactively identifying and addressing security vulnerabilities while simultaneously offering comprehensive visibility into compliance gaps.
- Nothreat (London): nothreat’s solution leverages behavioral intelligence and real-time monitoring capabilities to effectively detect and mitigate both internal and external threats.
- DTEX Systems (California): DTEX Systems delivers a human-centric workforce cyber-intelligence platform, unifying data loss prevention and insider threat management through a single, AI-driven solution.
Alignment with National Vision and Global Trends
The ADIB Cybersecurity Innovation Challenge directly supports the bank’s 2035 Vision and the broader UAE National Cybersecurity Agenda. During the challenge’s opening address,H.E. Dr. Mohamed Hamad Al Kuwaiti, chairman of the UAE Cyber Security Council, emphasized the contry’s commitment to building an “AI-driven, quantum-resilient cybersecurity infrastructure” capable of defending against the hundreds of thousands of cyber attacks targeting critical sectors.
A senior official also reaffirmed the importance of the “Society as the Frist Line of Defense” initiative, highlighting the critical role of collective responsibility in safeguarding the nation’s digital sovereignty.
ADIB’s Proactive Investment in Cybersecurity
Fernando Plaza, chief digital officer at ADIB, commented on the bank’s strategic foresight: “Cybersecurity is fundamental to trust in digital banking and financial services. Engaging with emerging technologies and innovative startups allows us to identify practical, scalable solutions that strengthen resilience, support secure digital transformation, and respond to the evolving threat landscape facing the industry.”
Through its corporate venture arm, ADIB Ventures, the bank intends to continue fostering transformative change by building ecosystems that champion open inn
Why: The ADIB Cybersecurity Innovation Challenge was launched to bolster the UAE’s national digital defenses against evolving cyber threats, specifically within the financial ecosystem.It aimed to identify and accelerate the development of cutting-edge cybersecurity technologies.
Who: The key players involved were: ADIB (Abu Dhabi Islamic Bank), the UAE Cyber Security Council, the DIFC Innovation Hub, the three winning companies (Corgea, Nothreat, and DTEX Systems), and judging panel representatives from Microsoft, Visa, and al Etihad Payments. H.E. Dr. Mohamed Hamad Al Kuwaiti, chairman of the UAE Cyber Security Council, also played a key role.
What: The challenge was an initiative that attracted over 50 pitches globally, ultimately
