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Planned cybersecurity centre will monitor any digital fraud in banks

The Head of Payment Systems at the Central Bank of Egypt (CBE), Ehab Nasr, said the CBE works within a large team in the government regarding digital transformation under the umbrella of the National Council of Payments. “The bank works within a general framework to produce a national payment card ‘Meza card’. We aim to …

Daily News Egypt

Ineffective cybersecurity costs industrial firms $497,000 annually 

Although the majority of industrial organisations believe they are well-prepared for cybersecurity incidents, this confidence may be not well-founded. Every second, ICS companies experienced between one and five incidents last year, according to a survey conducted by Kaspersky Lab. On average, ineffective cybersecurity costs industrial organisations up to $497,000 per year. The emerging industry 4.0 …

Daily News Egypt

Sustainable customer analytics essential for Egyptian retailers to maintain competitiveness: Booz Allen Hamilton

Customer analytics investment provides exciting opportunities for the growth and development of retail sector workers in Egypt to help them remain competitive in the region, according to a report by strategy and technology consulting firm Booz Allen Hamilton. The report, titled “Next Generation Retailers: Power Up Your Analytics”, sheds light on how data analytics can …

Reem Hosam El-din

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