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Gulf Business Machines (GBM) and Al Ahli Bank of Kuwait (ABK) have signed a three-year agreement to implement the industry-leading GBM Shield cybersecurity platform across ABK’s operations.
In a major move to enhance cyber resiliency, ABK was one of the first customers in Kuwait to adopt GBM Shield, taking the lead in adopting GBM’s most comprehensive cyber security offering to date.
GBM Shield will enable ABK to leverage the deep experience and local expertise of technical participants, while also having 24/7 access to GBM’s uniquely skilled team of security experts. With GBM Shield, ABK is harnessing the power of automation and machine learning to strengthen defenses against increasingly sophisticated cyber threats.
security challenge
Wassim Seliman, Managing Director of GBM Kuwait, said: “The banking sector in Kuwait has seen unprecedented growth over the past few years, and with it comes enormous security challenges for financial institutions. We have worked closely with ABK for many years and have extensive experience with its digital infrastructure. In-depth understanding.
“Therefore, bringing GBM Shield to ABK’s security framework is a natural step in building a robust IT infrastructure for the bank. We are delighted to bring GBM Shield’s approach to cybersecurity to ABK, which will help save the bank money and time, and enables it to focus on developing a long-term strategy that works for the organization.”
Sameer Abduh, Head of IT Security Operations at ABK, said: “Cybersecurity is at the core of our operations and as customers’ information is the most important data in our systems, we are aware that any breach can have very serious consequences. We believe GBM Shield is a further step in protecting Our digital assets are the right platform to enable us to grow our offerings for different industries. We are excited to partner with GBM again and look forward to entering a new phase of growth driven by cyber resilience.”
safest bank
In recent years, ABK has been listed as one of the 10 safest banks in the Middle East by Global Finance. It operates with cybersecurity threats and risk prevention in mind, delivering a simpler and intuitive banking customer experience with built-in cybersecurity controls for safe and secure banking.
Through the strategic partnership, ABK will benefit from GBM Shield, a next-generation cyber defense initiative centered on Managed Security Services (MSS), which removes the burden of time, technology adjustments, and finding and assigning skilled personnel to address complex networks attack.
In a holistic approach to cybersecurity, the program is risk-driven rather than technology-driven, enhancing existing technology within ABK to improve its security and cyber resilience and increase return on security investments. GBM Shield brings together the best of GBM’s advanced cybersecurity portfolio and its three decades of experience in Kuwait to provide an integrated, vendor-neutral program that can be easily scaled up or down based on client needs. — trade arab news agency
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