Dubai / Emirates Business
Taking its efforts to improve defence against increasing threats from cybercriminals to a new level, UAE Banks Federation (UBF) on Sunday hosted a workshop on “Customer Security Programme” for banking professionals, in collaboration with SWIFT, the world’s leading provider of secure financial messaging services.
Held in Abu Dhabi, the workshop attracted more than 100 information security officers, operations and IT infrastructure managers from UBF member banks and financial institutions, as well as SWIFT administrators in the UAE.
The event highlighted the rising importance of building a resilient defence against ever-evolving cyber-attacks in the banking and financial industry to safeguard the interests of banks, stakeholders and customers in particular.
“Over the past years, banks and financial institutions have put in tremendous efforts to combat cyber-attacks and to sustain an ecosystem where customers can fulfill their banking needs in a secure environment without being threatened by web criminals. These endeavours have proved to be successful and effective to a great extent. However, the cyber threat landscape continues to evolve with both organised and isolated cybercrimes becoming more sophisticated as new technologies emerge,” said HE AbdulAziz Al Ghurair, Chairman of UAE Banks Federation.