CISO Council: Financial services must prep for cyber threats

The organisation aims to highlight the looming threats against financial institutions at upcoming MEFTECH 2017.

Tags: CISO Council (www.cisocouncil.com)United Arab Emirates
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CISO Council: Financial services must prep for cyber threats Ahmed Baig, co-founder of CISOCONNECT and founder of CISO Council
By  Alexander Pieri Published  February 19, 2017

CISO Council, a body comprised of global information security and risk assurance leaders, has announced its participation at the upcoming MEFTECH 2017.

Serving as a partner to MEFTECH, CISO Council is expected to host several invite-only roundtable discussions at the event, and will focus its efforts on highlighting cyber threats geared specifically towards the financial services market.

Ahmed Baig, co-founder of CISOCONNECT and founder of CISO Council, shared: “Data is the new oil in the Middle East, it must be protected at all cost and it’s absolutely vital that business leaders understand the importance of cybersecurity and how to protect their businesses from this very common and costly issue.”

He added: “Security breaches have increased across the globe in recent years as sophisticated hackers have stayed a step ahead and this is not likely to change in the near future. It is a sad fact of corporate life these days that businesses will have suffered from or will face a cyber security breach at some point and some may even have been hacked without knowing it.”

MEFTECH 2017, which will held in Abu Dhabi in March, is expected to draw more than 1,000 board level executives from financial institutions across the region. The two-day conference will showcase the latest security technologies, while also featuring discussion panels, case studies and speakers.

Chris Fountain, managing director of Turret Media, organisers of the MEFTECH 2017, said: “We’re delighted that the CISO Council will be partners to the event, as cyber security is such a hot topic in financial services.

“I’m sure the delegates attending the briefings will get a lot from it and may well decide they need to strengthen their cyber security as a result.”

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