The Middle East and Africa region is considered one of the fastest growing economies in the world, and despite the fact that banks have made a massive leap in technology adoption; they are still vulnerable to cyber-attacks. This vulnerability was very clear after the cyber-attacks that took place over the past few years in the region.The Shamoon virus that first appeared in Saudi Arabia in 2012 crippled 35,000 computers at Saudi Aramco, the world’s biggest oil producing company. In The same year, a virus was also found in the computer network of Qatar’s RasGas, a producer of liquefied natural gas and other many data breach incidents.
Therefore, it becomes very essential to safeguard data from cybercriminals and reduce risk for financial institutions. Hence, digital identity techniques such as biometric, facial recognition and voice recognition have to be implantedwidely to make our financial life safer.
In this workshop, we will cover the trends and issues facing financial institutions and corporates in the Middle East and Africa in the cyber space. We will discuss how to overcome these challenges, how to be prepared for such cyber-attacks and act faster as well as, learn practical insights that can be applied in your own institutional environment locally.
Delegates attending this half-day workshop will gain complimentary access to the International Banking Dialogue – Bringing together key decision makers from financial institutions and new market players to discuss managing risks and contextualizing transaction banking trends for MEA region market.
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Cybersecurity in Banking - Turning Emerging Risks into Opportunities Workshop |
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08:30 |
Registration |
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09:00 |
Welcome note & Introduction by David Gyori, CEO, Banking Reports |
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09:30 |
Digital Transition and FinTech Revolution from a Cybersecurity Perspective |
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10:00 |
The new cyber era in the Middle East – A road toward digitisation and its impact
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11:00 |
Coffee/tea break |
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11:15 |
Cybersecurity competencies in the financial services industry
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11:45 |
Cybersecurity in banking 2030
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12:30 |
Summary
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13:00 |
Lunch and networking |
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14:00 |
End of the Workshop Day |
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* Please note that this is a working agenda and topics and speakers are subject to change. For more details, please contact: |
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In today’s world, as new technology advances, and consumers expectations for a seamless digital banking experience, the risk landscape continues to expand alongside, forcing regulators to constantly change regulatory compliance practices to sustain a safe and robust banking system. Currently, financial institutions in the Middle East have been on the regulatory radar with increased enforcement action and stricter enforcement of regulations, making them more risk averse.
In this workshop, we will cover the latest developments in the Middle in KYC and compliance frameworks. And the challenges and solutions for financial institutions, in order to comply with regulations and still provide consumers with an extraordinary digital experience. The workshop also aims to ensure that attendees are able to competently address the latest legal, financial, operational and reputational risks that financial institutionsface nowadays.
Delegates attending this half-day workshop will gain complimentary access to the International Banking Dialogue – Bringing together key decision makers from financial institutions and new market players to discuss managing risks and contextualizing transaction banking trends for MEA region market.
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KYC, Risk & Compliance in the Digital Era Workshop |
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08:30 |
Registration |
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09:00 |
Welcome Note and Introduction by Howard Manella, Managing Principal,Alternative Resilience Services Corp |
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09:30 |
Middle East’s KYC, Risk & Compliance Frameworks – Staying Ahead of the Game For 2018 and the upcoming years, financial services institutions around the globe must contend with multiple challenges tied to regulations, legacy systems, disruptive models and technologies. In the Middle East the main challenges involve anti-money laundering laws, KYC and compliance regulations for institutions that will shape the future of country.
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11:00 |
Coffee/tea Break |
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11:15 |
Managing Operational Risk & Regulatory Control
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12:00 |
Delivering a secure digital experience by using compliance technologies
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13:00 |
Lunch and networking |
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14:00 |
End of the Workshop Day |
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* Please note that this is a working agenda and topics and speakers are subject to change. For more details, please contact: |
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