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News

On line security improvements for Abu Dhabi Bank

Cyveillance : 03 December, 2009  (Application Story)
The Abu Dhabi Commercial Bank is working with Cyveillance to create strong security for its internet and ATM network users
Cyveillance has partnered with Abu Dhabi Commercial Bank (ADCB), a diversified full service bank with one of the largest branch and ATM networks in the UAE. Through this relationship, ADCB has integrated the Cyveillance enterprise solutions to create a comprehensive and proactive approach to ensure ADCB's customer information remains safe from Internet threats.

'Having seen the true cost of financial incidents throughout the Middle East and the world, we knew that we had to prevent such incidents from affecting our customers,' said Lee North, CIO at ADCB. 'We chose to partner with Cyveillance because of their proven Internet security solutions, which provide all of the tools necessary to ensure that our customers' data is secure regardless of the online threat.'


Steve Dulvin, Head of IT Security at ADCB added, 'Our partnership with Cyveillance is significant not only for meeting the current needs of our customers, but laying the ground work to stay one step ahead of future threats and security challenges. Unlike typical security solutions that are reactive, Cyveillance's proactive approach is exactly what we were looking for to complement our existing security measures.'

Based on unique, real-time intelligence collected by Cyveillance's online risk monitoring solutions, ADCB will be able to leverage industry-leading information to identify cyber threats. This information will be seamlessly integrated with existing ADCB security solutions, providing customers with the most comprehensive security solutions against threats from both inside and outside the bank's network. ADBC has consistently adopted aggressive online security strategies in order to protect customers and through this partnership, threats including phishing, malware and identity theft are significantly reduced through the technology deployed by Cyveillance.

Moreover, this partnership will provide ADCB with a more comprehensive view of its online presence through brand-related intelligence reports that focus on online brand protection. Cyveillance will further help ADCB become one of the first banks in the Middle East to take a more proactive approach to leverage its online presence in social media networking sites such as Twitter, Facebook and MySpace. This service will provide ADCB with valuable brand intelligence, including raw customer feedback, increased security and visibility, and the ability to utilize this intelligence in future marketing campaigns and new product development to better serve its customers' changing needs.

'The sophistication of today's online criminals is growing everyday, and their lack of discrimination based on language or location is creating challenges for organizations across the globe,' said Panos Anastassiadis, COO for Cyveillance. 'As online threats continue to increase their reach, we are pleased to have the opportunity to work with Abu Dhabi Commercial Bank and help implement an intelligence-led security approach to protect their customers throughout the Middle East.'

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