ID :
326059
Thu, 04/24/2014 - 09:30
Auther :

QIB to Sponsor Information Security Conference in the Financial Sector Opening Sunday

Doha, April 23 (QNA) - Qatar Islamic Bank (QIB), Qatar's leading Islamic Bank, will be the Gold Sponsor for the forthcoming "Information Security Conference in the Financial Sector", organized by Qatar Central Bank on April 27th 28th 2014 at the Ritz Carlton Hotel in Doha. Held under the patronage of HE Sheikh Abdulla Bin Saud Al Thani, Qatar Central Bank Governor, the conference aims to shed light on information security and challenges facing financial Institutions and focuses on the solutions to tackle these challenges and propose the necessary recommendations to achieve the goal. It will also connect executives in the sector who have the responsibility for securing and protecting their business infrastructure, while focusing on the processes, awareness and best practices from experts and professionals in this field, QIB said in a press release issued here on Wednesday. Through two days of presentations and discussion panels, the audience a combination of local and foreign financial information security employees - will learn about threats facing banks and financial institutions, such as payment frauds, card fraud, online banking threats and mobile banking risks. The main goal of the conference lies in enhancing the ability of professionals to prepare for, and respond to, potential security threats, and outlining a unified security strategy within the financial sector. QIB Group CEO Bassel Gamal indicated: "Our support to the conference is part of our ongoing commitment as a leading Islamic banking institution in Qatar; we firmly believe that securing financial information and protecting banking systems are among the most significant stability factors that lead to growth and prosperity", adding: "the fact that the Qatar Central Bank is organizing the conference goes to show how mindful it is of the importance of securing financial information and facing the challenges posed by globalization and the associated advances in banking technologies. We have no doubt that the conference will be a main pillar that will assist in bolstering the position of the banking system in Qatar." It is worth mentioning that QIB implemented the International Bank Account Number (IBAN) for QIB customers accounts in the beginning of 2014, in line with directives issued by the Qatar Central Bank, the adoption of the International Bank Account Number (IBAN) standard will ensure further security on transfers transactions and facilitate Straight Through Processing (STP) of Electronic Payments by minimising delays and extra costs associated with incorrect account numbers.(QNA)

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