ABTEC 2001 e-security summit

An Arab e-banking and e-security forum, ABTEC 2001, is to be held this April following an increased awareness of cyber security threats

  • E-Mail
By  Charlotte McDonald Published  March 1, 2001

E-security summit, ABTEC 2001, organised by the Arab Bankers Association (ABA) in association with www.sheikhmohammed.co.ae, is to be held next month (April). The summit is hoped to benchmark measures preventing e-business crime and will cover the topic of possible developments for a legal framework.

“Security and the prevention of cyber crime are key to the success of e-business, and the banking sector now recognise the serious issues emerging from this technological revolution, as well as the need to create the framework and legislation for co-operation,” said George Kardouche, ABA chairman.

Recent cyber attacks on several financial Web sites are said to have been a key factor in the reasons behind the summit with the gathering of IT and banking expertise.

“It is our objective to make this conference an open forum for discussion of future trends in Arab E-banking by the Arab banking and business community, and to explore the technology which will secure their e-business strategies for both traditional commercial banking transactions as well as investment transactions,” said Kardouche. “We hope that by assembling leading bankers from the region together with world class companies in the fields of IT and E-Technology, the beginnings of a cohesive regional approach to the development of a legal framework for e-security can be outlined,” he added.

ABTEC 2001 will also feature a series of technology seminars devoted to e-banking, e-trading and mobile banking.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code