Libyan Arab Jamahiriya: Central Bank’s “Cyber Libya” Project Team Boosts Cybersecurity Efforts at Arab Banking Forum and International Conference
The “Cyber Libya” project team at the Central Bank of Libya (CBL) has made significant strides in bolstering the country’s financial institution cybersecurity by participating in two prominent events - the Arab Banking Forum for Cyber Security and the International Conference on Building a Digital Libya.
Enhancing Awareness and Knowledge on Cybersecurity
At the Arab Banking Forum, held recently, the CBL team focused on preparing a legislative infrastructure for digital interaction. The initiative aimed to enhance awareness and knowledge among cybersecurity staff members in Arab banks and financial institutions about modern hacking technologies and recommended solutions to mitigate risks. This is part of the “Cyber Libya” project’s broader objective to fortify the country’s financial sector against growing cybersecurity threats.
Key Objectives:
- Enhance awareness and knowledge on modern hacking technologies
- Develop recommended solutions to mitigate risks
- Strengthen legislative infrastructure for digital interaction
Building a Digital Libya
The team also participated in the International Conference on Building a Digital Libya, held in Tunisia under the auspices of the Secretary-General of the League of Arab States, the Arab Organization for Communication and Information Technology, and the Libyan General Authority for Communications. The conference provided a platform for experts to share best practices and experiences in building digital economies, with a focus on cybersecurity and data protection.
Conference Highlights:
- Best practices and experiences in building digital economies
- Focus on cybersecurity and data protection
- Expert insights on growing trends and threats in the industry
Commitment to Prioritizing Financial Institution Cybersecurity
The CBL’s participation in these events underscores its commitment to prioritizing financial institution cybersecurity and staying abreast of the latest trends and threats in the industry. As Libya continues to develop its digital infrastructure, the “Cyber Libya” project is well-positioned to play a crucial role in ensuring the security and stability of the country’s financial system.
Conclusion:
The “Cyber Libya” project team has demonstrated its commitment to enhancing cybersecurity efforts in the country’s financial institutions. By participating in prominent events and sharing knowledge with experts, the CBL is taking proactive steps to mitigate risks and ensure the security and stability of Libya’s financial system.