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Cybersecurity Trends Dominate Jordan’s Financial Sector
Amman, Jordan - A recent study has highlighted the growing concerns of cybersecurity threats in Jordan’s financial sector. The report, published in a leading academic journal, sheds light on the current state of cybersecurity in the country and identifies key trends that are shaping the industry.
Rising Cybersecurity Threats
According to the research, Jordanian banks are facing an increasing number of cyber attacks, which is putting their customers’ sensitive information at risk. The study found that the majority of these attacks are attributed to:
- Phishing
- Malware
- Unauthorized access to systems
The researchers identified several factors contributing to this rise in cybersecurity threats, including:
- Lack of awareness among employees
- Inadequate security measures
- Outdated technology
Government Initiatives
To combat these threats, the Jordanian government has implemented various initiatives aimed at enhancing cybersecurity standards within the financial sector. These include:
- Establishment of a national cybersecurity center
- Development of a cybersecurity strategy
- Implementation of stricter regulations for banks
Artificial Intelligence and Cybersecurity
The study also highlighted the importance of artificial intelligence (AI) in detecting and preventing cyber attacks. AI-powered systems can quickly analyze large amounts of data to identify potential threats and take proactive measures to prevent them from occurring.
Better Communication and Collaboration
Furthermore, the researchers emphasized the need for better communication between financial institutions and law enforcement agencies to effectively address cybersecurity incidents.
Key Takeaways
- Cybersecurity threats are on the rise in Jordan’s financial sector
- Phishing, malware, and unauthorized access are the most common types of attacks
- Lack of awareness among employees, inadequate security measures, and outdated technology contribute to these threats
- The government has implemented initiatives aimed at enhancing cybersecurity standards within the financial sector
- AI can play a crucial role in detecting and preventing cyber attacks
- Better communication between financial institutions and law enforcement agencies is essential for addressing cybersecurity incidents
Expert Insights
“We are seeing an increasing number of cyber attacks targeting Jordanian banks, which highlights the importance of robust cybersecurity measures to protect against these threats,” said Yaser Ahmad Arabyat, lead author of the study.
“The implementation of AI-powered systems can significantly enhance our ability to detect and prevent cyber attacks, but it’s crucial that we also address the human factor by increasing awareness among employees,” added Abdulsalam Alarabeyyat, co-author of the study.
About the Authors
- Yaser Ahmad Arabyat is a researcher at Al- Balqa Applied University in Jordan. He has published numerous papers on cybersecurity and IT-related topics.
- Abdulsalam Alarabeyyat is a researcher at Higher Colleges of Technology in the United Arab Emirates. He has extensive experience in cybersecurity and IT research.
About Springer Nature
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