QIB Press
Digital Desk
Jan 23, 2017 | 8 Minutes
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced that in the fourth quarter of 2016, all QIB employees successfully completed the first phase of the Information Security training programme developed in association with Kaspersky Security Awareness Products, resulting in the delivery of more than 5500 training hours.
The programme is comprehensive and covers critical topics such as URL Training – interactive module and exercises teaching participants how to recognize and avoid fraudulent links, Protection of Personally Identifiable Information (PII) – helping to protect confidential information about employees, the Bank and its Customers Safer Web Browsing – employees learned how to stay safe on the Internet and avoid risky behavior and common traps.
“According to a report by Kaspersky, around 80% of all cyber incidents are caused by human error, which results in businesses losing millions and most importantly, puts the security of clients at risk,” said Rakesh Sanghvi, QIB’s Chief Risk Officer. “This training comes as part of QIB’s strategy to place its customer’s safety and security as a top priority and to strive to continuously modernize the services we offer them in order to meet their evolving needs.”he added.
As a leading Islamic Bank in Qatar, QIB takes great care to ensure that its employees are aware of the importance of completing the training program and are equipped to be the front line that protects customers. This is also in compliance with the Qatar Central Bank requirements for all banks to complete the security training program to strengthen the financial industry in Qatar and better protect the personal information of its residents.
“Information security is one of our top priorities, it is one of the key pillars of the services we offer,” continued Rakesh. “Earlier this year, we launched an information security awareness campaign that educated our customers about the security issues that may affect them. We trust that they are now better equipped to handle any potential risks.”
Commenting on the completion of the training program, Slava Borilin, Security Awareness Program Manager at Kaspersky Lab, said, “Financial institutions face severe cyber risks nowadays. They must secure customers’ assets and data, as well as protect their own earnings and business continuity. We know how focused Qatar Islamic Bank is towards ethical aspects of its business, which implies a strong cybersafety culture shared by all employees.
We are happy to see how consistently devoted the QIB team is to enhancing its cybersecurity capabilities, and Kaspersky Security Awareness products are an essential and critical part of it.»