Women in Sustainable Innovation reposted this
Experienced Risk and Compliance Professional | Expert in Ensuring Regulatory Compliance and Mitigating Business Risks | Strategic Advisor for Business Growth and Sustainability
🌟 What an incredible experience at the 24Fintech event in Riyadh! 🌟 It was an absolute pleasure meeting so many wonderful people from the fintech world, exchanging ideas, and exploring new possibilities. A huge shoutout to everyone I had the privilege of connecting with—your insights and energy were truly inspiring! On the third day, I had the honor of participating in a panel discussion on Cyber Risks alongside an incredible group of experts. We delved into crucial topics like data security, emerging threats, and innovative solutions. The discussions were thought-provoking, and every panel member, including our moderator, brought valuable perspectives to the table. Truly an enriching session! Looking forward to staying connected with all the amazing people I met and continuing these important conversations. Let’s keep pushing the boundaries of innovation in fintech! 🚀 #24Fintech #CyberRisk #FintechInnovation #Networking #Riyadh Brett King Aniita K Pranav Sharma Anil Joshi Murtaza Ali Fahad Sajid Fahad AlSamari Faisal Al-Qadi Samrah Kazmi Amir Hussain Yasser AlDosari Marius Jurgilas Sherif Kozman Karim Samakie
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It was a great session, currently Cybersecurity is a biggest concern for financial industry specially for the emerging and new startups (FinTech). Abdul Qadir Sultan, FCA very well discussed the issues of Cyber Risk. Looking forward to have more session from your side in future. Best of luck.
Proud to see Abdul Qadir Sultan, FCA and feeling so fantastic that I have also worked under your supervision.. Thank you Sir and congratulations for new achievements and experience.
Congratulations, Abdul Qadir Sultan, FCA! It’s great to see you as a panel member at #24Fintech. Your insights must have been incredibly valuable. I believe your expertise and knowledge would add significant value to this vision
It was indeed a very well crafted session. The insights from all the speakers were incredible. Hoping to see you in many more such events.
Great, sky is the limit👍
Interesting stuff Qadir, would be great catching up on the topic when you come down!
Masha Allah
Abdul Qadir Sultan, FCA ,Your success and dedication are truly inspiring. Keep up the outstanding work and continue to shine!"
Great Abdul Qadir Sultan, FCA !
Experienced Risk and Compliance Professional | Expert in Ensuring Regulatory Compliance and Mitigating Business Risks | Strategic Advisor for Business Growth and Sustainability
1moHere are some key takeaways from our panel discussion on Cyber Risks at 24Fintech: 💡 Latest Trends in Cybersecurity: We highlighted the alarming rise in ransomware attacks, particularly targeting the financial services sector, with a staggering 65% increase. Many of these attacks exploit zero-day vulnerabilities, creating even greater challenges for fintech companies. 💡 Quantum Computing's Impact: On the horizon, quantum computing poses serious concerns about the future of encryption standards, urging us to rethink how we secure data in the long run. 💡 Phishing Attacks: Phishing remains the primary entry point for cyberattacks, accounting for over 80% of data breaches within fintech—a sobering statistic that demands more robust defense strategies. 💡 Insider Threats: We’ve also seen a 30% rise in insider threats, largely due to the shift to remote work and the ongoing talent shortage in cybersecurity. We also covered: The significant risk posed by high talent turnover in cybersecurity. The increasing importance of Zero Trust Architecture (ZTA) in mitigating cyber risks. The concept of Security by Design, embedding security from the ground up. The growing role of Artificial Intelligence in fortifying cybersecurity defenses.