US sends envoy to engage Gulf, Israel on cybersecurity
A deputy secretary of the US Treasury is heading to the Middle East to talk coordination on maintaining an edge in the digital domain.
Deputy US Treasury Secretary Wally Adeyemo kicked off a trip to the Middle East on Friday with planned stops in Israel, Saudi Arabia, the United Arab Emirates and Qatar to discuss building cooperation on cybersecurity and ransomware.
Adeyemo’s visit comes amid a daily barrage cyberattacks on US networks, both government and private.
Last month the Treasury Department warned that digital currencies may undermine the effect of US economic sanctions by bypassing dollar-based banking systems.
“The Deputy Secretary’s visit comes on the heels of a sanctions review that emphasized multilateral coordination on sanctions, as well as the threats posed by emerging technologies like virtual assets,” the Treasury spokesperson told Reuters.