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Financial Institution Cybersecurity Best Practices Take Center Stage at First-Ever Symposium in Sierra Leone
Freetown, Sierra Leone - February 22nd, 2024
As the digital landscape continues to evolve, financial institutions in Sierra Leone are faced with an increasing number of cybersecurity threats that can have devastating consequences for customers and businesses alike. In response, Rokel Commercial Bank (RCBank) is hosting the first-ever Cyber Security and Financial Inclusion Symposium in partnership with EST Applied Intelligence UK at the Freetown City Council Auditorium Hall.
The Importance of Cyber Vigilance
The symposium aims to bring together leading cybersecurity industry professionals, government officials, financial institutions, telecommunication companies, and industry regulators to discuss the importance of maintaining cyber vigilance across various business technology touchpoints. The event will feature expert panels, workshops, and keynote addresses that will provide insights into best practices for mitigating cyber threats in the financial sector.
A Critical Time for Action
The symposium comes at a critical time, as thousands of Sierra Leoneans have recently fallen victim to online scams, resulting in losses totaling over nine billion Leones ($369,000). The scammers used mobile money platforms operated by local telecom companies to collect funds from unsuspecting victims. “We believe that education and awareness are key to preventing such threats,” said Dr. Ekundayo Gilpin, RCBank Managing Director.
EST Applied Intelligence UK Expertise
EST Applied Intelligence UK is a specialist enterprise with expertise in security consultancy, including:
- Security strategy and leadership
- Security improvement programs
- Security risk management
The company will provide valuable insights on best practices for maintaining cybersecurity in the financial sector.
A High-Profile Event for Business Leaders and Regulators
The RCBank Cyber Security Symposium is an exclusive high-profile event that offers a unique opportunity for business leaders, regulators, and industry experts to share knowledge, network, and discuss the latest trends and challenges in financial institution cybersecurity.