President of the National Cyber Security Agency (NCSA) Engineer Abdulrahman Al Farahid Al Malki (photo) and Governor of the National Cybersecurity Authority of Saudi Arabia Engineer Majid bin Mohammed Al Mazyad have signed a Memorandum of Understanding (MoU) in the field of cybersecurity, with the aim of enhancing joint cooperation in cybersecurity between both countries.

The MoU was signed on the sidelines of Qatar’s participation in the activities of the International Cybersecurity Forum which concluded in Riyadh on Thursday.

During the event, Malki participated in a panel discussion titled ‘Stimulating Cybersecurity Market through Ecosystem Development’.

He emphasised the importance of thorough planning and budgeting to minimise risks associated with securing systems and sites, highlighting that the expenses involved in recovery far surpass those allocated for initial planning and budgeting, Qatar News Agency (QNA) reported.

He addressed the crucial role of international cooperation in cybersecurity, highlighting the challenges faced in the absence of international laws to curb cybercrimes.

Malki also shed light on Qatar’s successful experience in securing the FIFA World Cup Qatar 2022.

The third edition of the International Cybersecurity Forum, themed ‘Drawing Common Priorities in Cyberspace’, aspired to expand knowledge in cybersecurity, bolster investment and foster global cooperation in the cyber realm, with a focus on stimulating socio-economic development related to security in cyberspace.

The forum encompassed sessions discussing pivotal topics such as cyberspace stability, growth, gaps, mentality and future developments in cybersecurity.