Darktrace, Recorded Future, ManageEngine and FireEye partner with Finnosec to reiterate the need for cyber resilience in the Middle East.
As the world has evolved to a “new normal” way of living, cybersecurity experts have been charged to remain alert as a result of the increased opportunities available for hackers due to work-from-home policies being stretched to unplanned levels.
The 2021 edition of Finnosec Middle East lives up to its reputation of being the leading summit on financial security and cyber resilience in the Gulf Cooperation Council region.
At the virtual event, the array of excellent speakers took turns to share insights on how the pandemic has completely disrupted the perception of the financial services sector and planning around strategic, operational, technological and financial risks. The uprising cyber threats call for emerging cyber resilience. Technologies, such as artificial intelligence, are currently being infused with cybersecurity strategies to promote ICS cybersecurity-oriented initiatives that will lay a roadmap to safeguard the banking, financial services and insurance industry against ever-evolving cyber threats. There was also an interactive Q&A segment after each presentation and panel to further answer more specific questions from delegates. There were also prizes to be won, which were provided by event sponsors.
“As it relates to the need for a more nuanced method of combatting cyberattacks, AI plays a crucial role,” Roly Stride, regional director MENA at Darktrace, highlighted at the virtual event.
During his presentation, Annavi Karthik, chief evangelist at ManageEngine, said: “One of the ways to overcome threats and improve IT efficiency is by making business-critical applications available.”
“Threat intelligence should be used in making decisions in managing threats and mapping your controls to your attack framework,” Harri Sylvander, senior consulting manager, Mandiant, A FireEye Company, said at the event.
“Instilling the culture of placing the total responsibility of cybersecurity within an organization is not a one-size-fits-all approach,” highlighted Mohamed Saad Mousa, chief information security officer at Ikea Saudi Arabia and Bahrain.
In conclusion, at a panel session, Mohammed Alshaghdali, chief information security officer of Hala Saudi Arabia, said: “The method of instilling cybersecurity awareness is by using the top-to-bottom approach.”
Darktrace is an AI company that specializes in cyber defense. The company was established in 2013 and is headquartered in Cambridge, United Kingdom, with over 44 offices worldwide.
Recorded Future is a leading threat intelligence company. It specializes in the collection, processing, analysis and dissemination of threat intelligence.
ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget. It crafts comprehensive IT management software with 90+ products and free tools, which covers everything your IT needs, at affordable prices.
FireEye has been involved in the detection and prevention of major cyberattacks. It provides hardware, software and services to investigate cybersecurity attacks, protect against malicious software, and analyze IT security risks.
Conference producer Exibex is a market leader in knowledge-based conferences, managed events and business consulting. The team provides innovative and interactive networking platforms to foster engagement with C-level communities for global corporations.
For more information about our upcoming events from the Finnovex Global Series lined up for 2021, please visit: https://finnovex.com/.
Tolulope Folaranmi | Regional Marketing Manager – Exibex