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Al-Khalij Bank organized a seminar on 'Cybersecurity' for its executives

Al-Khalij Bank organized a seminar on 'Cybersecurity' for its executives
Qiyas summary

Al-Khalij Bank organized an awareness seminar on cybersecurity with the participation of over 100 executives and experts from the Ministry of Interior and technology companies to enhance readiness against electronic threats.

Translated by Qiyas from النهار — Original source

On the occasion of Cybersecurity Awareness Month, and as part of its ongoing support for the “Let’s Be Aware” campaign, Gulf Bank organized an awareness seminar on cybersecurity under the slogan “Cybersecurity is Your Responsibility and Ours,” with the aim of enhancing readiness to counter evolving cyber threats and supporting the protection of customer information. The event was attended by more than 100 of the bank’s executive leaders, including Acting Chief Executive Officer Sami Mahfouz.

The seminar featured participation from various government and private sector entities, led by Major Saud Al-Wazan, Cybercrime Officer at the Ministry of Interior; Dr. Basil Al-Othman, Managing Director of “Kuwait Hackers”; Hussein Al-Nakass, IT and Cybersecurity Consultant; Swin Ein, Senior Advisor at Exxon Technologies; Andrea De Bari, Head of the Technical Department; and Ross Macnoughton, Deputy General Manager and Head of Information Security at Gulf Bank.

Gulf Bank expressed its gratitude to all experts and companies participating in the seminar, and conveyed its appreciation and thanks to the Ministry of Interior for its continuous efforts in raising cybersecurity awareness and protecting the Kuwaiti community from digital threats. The bank also extended its thanks to Major Saud Anwar Al-Wazan, the Information Technology Crimes Officer at the Ministry of Interior, for his valuable keynote address and active contribution to the seminar.

Gulf Bank commended the high level of security awareness among its employees, emphasizing the importance of such awareness in light of the rapid technological advancements and the accompanying increase in the complexity of fraud and cybercrime. The bank stressed the necessity of maintaining this level of awareness through continuous training and fostering a culture of vigilance, based on the responsibility of all employees to protect customer data and ensure the security of banking operations.

The seminar addressed the most prominent emerging cyber risks and developments in digital fraud methods and their impacts on financial institutions. Discussions also highlighted the importance of understanding the nature of constantly evolving threats and maintaining the readiness and knowledge necessary to deal with them effectively. Experts from both the public and private sectors contributed to enriching the dialogue, underscoring the importance of joint cooperation in addressing these challenges.

The impact of artificial intelligence on cybersecurity constituted one of the seminar’s main themes. Speakers discussed how to leverage AI technologies to enhance protection systems, alongside the risks associated with their misuse in cyberattacks. Participants affirmed that these developments require a proactive approach to managing digital risks, especially with the continuous expansion of digital banking services.

The participation of executive leaders underscored the importance of embedding a cybersecurity culture across the entire organization. The annual seminar serves as a platform for continuous learning and enhancing collaboration among various departments, thereby supporting a unified understanding of digital risks and reinforcing each employee’s responsibility to protect customers, colleagues, and the bank’s operations.

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