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QNA
Doha
Prime Minister and Minister of Interior HE Sheikh Abdullah bin Nasser bin Khalifa al Thani inaugurated the Fifth Information Security Conference for the Financial Sector, entitled"Securing Digital Assets", in Doha on Sunday.
Following the opening of the conference, he toured the exhibition taking a look at the national and global companies showcasing latest technologies in information security, solutions to various sectors related to information security, information infrastructure, and cybercrime.
In a tweet, the PM said,"Qatar's reliance on digital technology sets an example in sustainable development, making cyber security a strategic choice for the country in the financial sector. The @ISFSQatar provides a platform for exchanging expertise to create more secure and stable financial incubators."
He said Qatar has recognised the importance of information security in the financial sector since the sector plays an important role in the economy.
In a speech, Minister of Finance HE Ali Shareef al Emadi has called for unifying the legislative framework of countries to protect e-banking transactions and prevent criminals from exploiting gaps in the legislation of some countries.
He said this is an urgent issue that requires rapid coordination and protection, especially since cyber attacks transcend geographical boundaries.
Several years ago the National Cyber Security Committee was established. It specialised in the preparation of information security policies and programmes, he said. Its members include representatives of all ministries and sectors in the country and they coordinate and cooperate to implement policies and plans to provide a high level of information security and help tackle any attempts to hack the electronic systems of the state.
At the international level, the Government of Qatar is also working in coordination with international and regional organisations to enhance information security efforts, benefit from international expertise in this area and to apply the best international standards and practices, he added.
The shift to digital banking has led to a variety of risks, including to the payment and settlement system, customer data and the infrastructure of information networks within banks, which could threaten the loss of confidence in the banking system, he said.
The minister stressed that this situation requires close cooperation among government agencies and the banking sector and information technology institutions to develop an integrated vision on how to coordinate efforts to address the electronic risks.
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19/11/2018
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