RIYADH: The fifth Global Cybersecurity Forum opened in Riyadh on Wednesday and announced major initiatives to scale cohesive advances in cyberspace as well as strengthen online resilience.
Majed bin Mohammed Al-Mazyed, the governor of the National Cybersecurity Authority, spoke of the annual forum’s focus on advancing collective action, and the road map set by previous editions over the five years.
He said the GCF and the World Economic Forum had established the Centre for Cyber Economics to work together for inclusive and secure cyberspace.
The GCF and the WEF in January this year signed an agreement to establish the CCE in Riyadh, aimed at increasing knowledge and understanding of the economic challenges and opportunities emerging in the rapidly evolving cyber landscape. The agreement was signed at the WEF Annual Meeting 2025 in Davos.
Al-Mazyed said: “The global economy depends on cyberspace, yet our collective understanding of the economic dimensions of cybersecurity remains limited.”
