Maintaining pace with the progress of cutting-edge technologies to safeguard its operations and stakeholders, Bank Sohar recently sponsored Oman Cybersec Summit as its Exclusive Banking Partner, held at the Sheraton Hotel in Muscat on 30th October 2018. Partaking in the summit Mr Mujahid Said Al Zadjaly, Bank Sohar’s Deputy General Manager of IT and Alternate Channels took part in a panel discussion on ‘The Need for Modern Cyber Security Protocols: What They Are and How They Are Optimally Implemented in Complex Environments’.
Members of Bank Sohar’s management and IT Department attended amidst a plethora of local and international speakers discussing a broad range of critical topics. With over 100 stakeholders in attendance, the conference was centred on knowledge sharing towards the realization of a resilient and ever-evolving cyber security infrastructure for the Sultanate. Some of the topics covered at the event included cyber threats and challenges with local statistics, how data analytics are redefining cyber security, the evolution and role of Artificial Intelligence in managing cyber attacks, the link between leadership and cyber security governance, challenges and benefits of an efficient cyber security infrastructure. Mr Mujahid Al Zadjali received a token of appreciation from the event’s organizers, recognizing Bank Sohar’s valuable contribution to the platform.
Commenting on the summit, Mr Ahmed Al Musalmi, CEO of Bank Sohar, said, “Knowledge sharing is something we dearly value as an organization committed to play an active role in the overall economic development of Oman. Looking at how banks now operate amidst the complexity of the fourth industrial revolution, being part of such events gives us a platform to share our expertise in navigating relevant challenges and also help us to consistently maintain pace with market developments, particularly when it comes to safeguarding our digital and information assets, working in parallel with our on-going efforts in digitization and efficiency of service delivery.”
Oman CyberSec Summit focused on the principal importance of integrating modern technologies to cope with the most challenging and advanced threats in real-time. The summit enabled its audience to understand the need to upgrade their security protocols and identify gaps between departments with a focus on the importance of staying updated with technologies such as Blockchain, Artificial Intelligence, and the ‘Internet of Things’.
Commenting on his participation at the summit, Mr Mujahid Said Al Zadjaly, DGM of IT and Alternate Channels at Bank Sohar, said, “It’s essential for us to know about the imperatives of cyber security advancements from industry leaders and experts. The conference provided Bank Sohar with an important opportunity to extend its network with local leaders in technology, whilst sharing and learning about the latest developments and best practices protocols that we can look towards in order to further enhance the overall customer experience whether through on-going security developments or through the use of innovative technologies in secured environments”.
Whilst crafting new and efficient digital facilities for its customers Bank Sohar retains a firm focus on ensuring the security of its assets and customers without compromise. The bank’s digitization agenda is central to the evolution of its services with a view to deliver greater convenience to local communities as Oman’s most customer centric bank.
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