ADIB recognised for security leadership at CISO 30 Awards 2018
Abu Dhabi, 08 April 2018: 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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About ADIB
ADIB is a leading bank in the UAE with more than AED 123 billion in assets. Its 983,000 customers benefit from the third largest distribution network in the UAE with 81 branches and more than 722 ATMs. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides retail, corporate, business, private banking and wealth management solutions. The bank was established in 1997 and its shares are traded on the Abu Dhabi Securities Exchange (ADX).
In the UAE, the Bank has more than 2,000 employees and remains one of the leading banks in the recruitment, development and promotion of local talent in all the markets in which it operates. The bank has one of the highest Emiratisation ratios with more than 40 percent of the bank's workforce being UAE Nationals.
ADIB has presence in six strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Sudan, Iraq and Qatar.
Named "Best Bank in the UAE" by The Financial Times' The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Etihad and Etisalat and a wide range of financing products.
For media information, please visit www.adib.ae