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بوابة الفجر
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Islam Azam on cybersecurity in financial inclusion
The article focused on the importance of cybersecurity in the non-banking financial sector. The Chairman of the Financial Regulatory Authority emphasized that the rising global cyber risks, which are projected to cause losses estimated at $10.5 trillion by 2025, necessitate preventive regulations and the development of technologies to counter deepfake attacks and rapid technological advancements. He pointed to the authority’s efforts in supporting secure digital transformation, implementing an integrated regulatory framework for artificial intelligence and financial technologies, and strengthening infrastructure and protective technologies to ensure the stability and safety of digital financial operations.
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