Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has been recognised at the CISO30 Awards 2018 for its leadership and innovation in developing and implementing cutting-edge technologies and programs to protect staff and customers from Information & Cyber Security threats. Illyas Kooliyankal, Group Chief Information Security Officer (CISO) at ADIB, received the award on behalf the bank at the inaugural CISO30 Awards and Forum.

Selected by a judging panel comprising security experts, academics and the Security Advisor ME editorial team, the CISO Awards acknowledge forward-thinking businesses that continue to transform themselves to overcome risks across a rapidly changing, and increasingly digital, threat landscape.

On receiving the award, Illyas Kooliyankal, ADIB’s CISO, commented: “ADIB takes necessary precautions to enhance its cybersecurity defences and works closely with customers to help them safeguard their personal and financial information through cyber fraud prevention educational campaigns. In today’s digitalized world, threats to the bank can emerge from a wide range of sources and we invest heavily in developing and has implemented the most advanced online banking security measures to thwart potential attacks. As threats become increasingly more sophisticated and complex, it is more important than ever that we continue to upgrade our robust cyber defences to protect ourselves and to ensure that customers enjoy a safe banking experience.”

ADIB uses cutting edge technologies and processes to protect customer information and constantly evaluates, develops and implements advanced banking security measures. It also dedicates a full section on its website to its customers, providing best practice advice and tips on how they can protect themselves. On ADIB’s app, customers, for example, have the option to instantly block their card if they have either lost the card or feel that there has been a fraudulent transaction. The bank also runs a number of awareness campaigns including competitions to highlight cyber fraud threats and the actions that customers can be taken to safeguard their financial and personal information.

ADIB has received numerous awards in recent months including ‘Best Premium Banking Service in the UAE’ from Banker Middle East, and ‘Private Bank in the Middle East for Islamic Finance’ by Private Banker International. In addition, the bank was recently awarded with the ‘Best Online Banking Services’ award at Banker Middle East UAE Product Awards.

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