Al Ahli Bank of Kuwait picks GBM shield to improve its operational security

By Shilpa Annie Joseph, Official Reporter
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GBM-ABK sign deal
Officials during the signing ceremony.

Gulf Business Machines (GBM) has signed a 3-year agreement with Al Ahli Bank of Kuwait (ABK) in order to implement the industry-leading GBM Shield cybersecurity platform within ABK’s operations.

According to the statement, “In a major move towards enhancing cyber resilience, ABK is leading the charge as one of the first customers in Kuwait to adopt GBM Shield, GBM’s most comprehensive cybersecurity offering to date.”

GBM Shield will allow ABK to tap into the technology player’s extensive experience and local know-how, while also receiving 24×7 access to GBM’s uniquely skilled team of security professionals.

Through GBM Shield, ABK is embracing the power of automation and machine learning to build up its defenses against the ever-growing complexity of cyber threats.

Wassim Seliman- GBM Kuwait
Wassim Seliman
GM – GBM Kuwait

“The banking sector in Kuwait has seen unprecedented growth over the last few years, and with this growth comes substantial security challenges for financial institutions. We have worked closely with ABK for several years and have an in-depth understanding of its digital infrastructure. Hence, introducing GBM Shield into ABK’s security framework was a natural step forward in the journey toward building a robust IT infrastructure for the bank. We are excited to bring GBM Shield’s cybersecurity approach to ABK which will help save the Bank cost and time and allow it to focus on developing long-term strategies that work for the organization.”

Through the strategic partnership, ABK will benefit from GBM Shield, the next-generation cyber defense program with Managed Security Services (MSS) at the core, which removes the burden of time, technological adjustments, and finding and allocating skilled human talent to address sophisticated cyberattacks.

This move is in line with ABK’s commitment to be one of the best digital banks in the Middle East, providing customers with a wide range of secure digital channels and services.

Mr. Sameer Abduh, Head of IT Security Operations at ABK, said that, “Cybersecurity is at the heart of our operations as customers’ information is the most important data within our systems, and we are mindful that any breach has very serious implications.”

“We are confident GBM Shield is the right platform to further protect our digital assets and enable us to grow our offerings for diverse sectors. We are excited to partner with GBM again and look forward to a new phase of growth driven by cyber resiliency,” Mr. Abduh added.

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