DEWA wins Cyber Risk Strategy Award
(Dubai) – Dubai Electricity and Water Authority (DEWA) has won the Cyber Risk Strategy of the Year award at the Global Risk Management Awards in London.
The award was presented by The Institute of Risk Management (IRM) in the UK, a leading global organisation in setting risk management standards and recognising global best practices.
Saeed Mohammed Al Tayer, MD and CEO of DEWA, received the award at a ceremony held at the Park Lane Hilton hotel, London, which saw the attendance of international leaders and representatives from over 40 countries.
The ceremony was attended by Abdulrahman Ghanem Almutaiwee, Ambassador of the United Arab Emirates to the UK, Waleed Salman, Executive Vice President of Strategy and Business Development at DEWA, Yousef Al Akraf, Executive Vice President of Business Support and Human Resources at DEWA, Mohammed Abdul Kareem Al Shamsi, Senior Manager of Sustainability and Climate Change at DEWA, Ahmed Abdullah, Senior Manager of External Communications at DEWA, Senior Manager of Corporate Risk & Security Governance, and Kenneth McKeown, Manager of Enterprise Risk Management.
This is the first time that Cyber Risk Strategy has been included as part of the award, 120 companies from all over the world participated. DEWA focused on addressing increasing cyber-risks, according to the Risk Assessment Tier 1, by forming its internal Cyber Risk Taskforce to combine the skills of internal and external resources to meet deadlines. This resulted in 29 strategic and tactical recommendations, to mature DEWA’s cyber security.
DEWA established a Corporate Security Governance department to ensure sustainable corporate security, while providing a futuristic vision to solve potential cyber security issues.