Booz Allen Hamilton takes centre stage in fight against cyber espionage in Saudi Arabia
- Saudi Arabia: Tuesday, March 19 - 2013 at 09:47
- PRESS RELEASE
Booz Allen Hamilton (BAH), a global specialist in management and technology consulting, was a key participant at the 'Information Security Workshop for the Financial Sector', hosted by the Saudi Arabian Monetary Agency (SAMA) and sponsored by the Banking Committee for Information Security (BCIS) on Monday March 18th in Riyadh.
McConnell urged the attendees to treat the recent cyber-attacks as a call to action to strengthen information infrastructure, educate users in security awareness and develop a framework for information sharing to be able to better confront cybercrime and cyber-attacks.
In addition to the SAMA workshops, HRH Prince Abdullah bin Bandar bin Abdulaziz, Chairman of Al-bilad Consulting, a strategic partner of Booz Allen Hamilton in the Kingdom of Saudi Arabia, hosted a private event at his palace where many of the Kingdom's most distinguished industry leaders and government officials were in attendance. During this event, Booz Allen Hamilton leadership shared their insights on global cyber security practices and the importance of a cross-border cooperative approach to protecting critical infrastructure in the Gulf.
Commenting at the event, McConnell said, "The GCC states have become global hubs in finance. However, this growth introduces increased cyber security risks by threat actors who target this region for monetary or political gain. GCC states have already experienced significant cybercrime in the recent past, it is now more important than ever to ensure that these are not repeated."
He also added, "Financial institutions are a prime target for cyber criminals, and as a result, they need to focus on staying ahead of cyber threats by developing the right human capital, developing appropriate training programmes and retaining the right skills and technology to properly access and protect corporate data."
Booz Allen Hamilton was recently registered by the Kingdom of Saudi Arabia Ministry of Commerce and Industry to pursue business opportunities in the Kingdom in support of domestic economic diversification. The firm will provide services to government and commercial clients on critical issues related to the Kingdom's development, most notably in the areas of cyber security, information technology, financial services and other selected infrastructure.
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.