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Regulation remains the strongest multiplier to cybersecurity growth

CIO

In 2023, the United Arab Emirates actively repelled more than 50.000 cyberattacks daily, explained the UAE Cybersecurity Council. According to a report from Frost & Sullivan, the GCC cybersecurity industry continues to grow, with F&S estimating it to triple in value by 2030 to reach 13.4

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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 289
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Steps CIOs should take to protect customer data in Nigeria’s open banking systems

CIO

Due to Nigeria’s fintech boom borne out of its open banking framework, the Central Bank of Nigeria (CBN) has published a much-awaited regulation draft to govern open banking procedures. And at its core is the need to secure customer data through a robust set of requirements. Traditional banking is fading away,” he says.

Banking 270
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Backed by Sequoia Southeast Asia, SquareX protects web users with disposable browsers

TechCrunch

Much of our computer time is spent in a web browser, where we check emails, create documents, transfer files, carry out online banking, shop or stream entertainment. SquareX wants to serve as an alternative to current cybersecurity products by being tailor-made for browser-based cloud SaaS tools.

Malware 250
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What are the main challenges CISOs are facing in the Middle East?

CIO

From a cybersecurity perspective, how has been 2023? Very eventful year as far as cybersecurity is concerned. The Internet of Things (IoT) vulnerabilities have also been increasing. This continued emergence of cloud environments has greatly affected application development and their associated security architectures.

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Cybersecurity Snapshot: U.S. Gov’t Unpacks AI Threat to Banks, as NCSC Urges OT Teams to Protect Cloud SCADA Systems

Tenable

Check out new guidance for banks on combating AI-boosted fraud. Treasury Department has issued a report aimed at helping banks and other financial institutions address this emerging AI threat. s cyber agency is warning operational technology (OT) teams to prioritize cybersecurity. Meanwhile, why CISA is fed up with SQLi flaws.

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Window Snyder’s new startup Thistle Technologies raises $2.5M seed to secure IoT devices

TechCrunch

The Internet of Things has a security problem. The past decade has seen wave after wave of new internet-connected devices, from sensors through to webcams and smart home tech, often manufactured in bulk but with little — if any — consideration to security. Security veteran Window Snyder thinks there is a better way.

IoT 207