FinSec – The Banking Security Summit
BANKS AND FINANCIAL INSTITUTES IN THE MIDDLE EAST AND NORTH AFRICA ARE SAID TO HAVE SPENT CLOSE TO US$ 12.5 BILLION ON IT INFRASTRUCTURE AND SECURITY THIS YEAR.
The rapid rise in technology has led to advances in banking and financial security industry enhancing convenience and retention among their consumers. Due to which, the BFSI industry in the Middle East has become one of the prime targets for highly sophisticated and well targeted attacks.
Emerging channels like mobile banking, digital banking platforms, IoT, Digital Identity, etc. are being exploited by cyber criminals. The recent wave of attacks against banks in the Middle East with highly advanced engineering techniques underlines the gravity of the situation. There is an urgent need to develop a robust security framework as traditional methods are becoming redundant.
The FinSec Summit, part of the highly successful and anticipated New Age Banking series will bring together decision makers and solution providers to share experiences and address key challenges. CISO professionals will discover latest technologies, developments and strategies for protecting their organizations.