FINANCIAL NEWS

Mena banks invest USD12.5bn on hitech IT security

17 Nov 2016

(MENAFN) Reports showed that financial administrations in the Middle East are developing state-of-the-art security programs to protect data and customers from frauds and other pressures.

Moreover, reports announced the banks in the Middle East and North Africa areas have spent more than USD12.5 billion on improving IT infrastructure and implementing state-of-the-art security solutions during the year.

However, the organizer UMS Conferences stated FinSec,The Banking Security Summit, to take place in Dubai in February, plans to present a broad overview of national and global perspectives on different security issues faced by banks.

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