The banking sector across the Middle East is entering a new phase of digital transformation. Mobile-first services, open banking models, artificial intelligence (AI)-driven innovation and customer demand for seamless experiences are pushing financial institutions to move faster than ever.
Banks are no longer protecting only their own environments. They must secure an expanding ecosystem of partners, suppliers, fintech players and digital channels while responding to increasingly sophisticated cyber threats.
Cyber security leaders warn that resilience is becoming just as important as innovation. “Banks need to be more ready than ever, more resilient than ever and more collaborative in nature with all stakeholders in the ecosystem,” said Abeer Khedr, head of cyber security at the National Bank of Egypt.