Abu Dhabi Commercial Bank Partners with Cyveillance to Increase Customers' Online Security

Share Article

Partnership enables Bank added customer protection from online threats and improved online protection of its brand

The sophistication of today's online criminals is growing everyday, and their lack of discrimination based on language or location is creating challenges for organizations across the globe

Cyveillance, a world leader in cyber intelligence, today announced that the company has partnered with Abu Dhabi Commercial Bank (ADCB), a diversified full service bank with one of the largest branch and ATM networks in the UAE. Through this relationship, ADCB has integrated the Cyveillance enterprise solutions to create a comprehensive and proactive approach to ensure ADCB's customer information remains safe from Internet threats.

"Having seen the true cost of financial incidents throughout the Middle East and the world, we knew that we had to prevent such incidents from affecting our customers," said Lee North, CIO at ADCB. "We chose to partner with Cyveillance because of their proven Internet security solutions, which provide all of the tools necessary to ensure that our customers' data is secure regardless of the online threat."

Steve Dulvin, Head of IT Security at ADCB added, "Our partnership with Cyveillance is significant not only for meeting the current needs of our customers, but laying the ground work to stay one step ahead of future threats and security challenges. Unlike typical security solutions that are reactive, Cyveillance's proactive approach is exactly what we were looking for to complement our existing security measures."

Based on unique, real-time intelligence collected by Cyveillance's online risk monitoring solutions, ADCB will be able to leverage industry-leading information to identify cyber threats. This information will be seamlessly integrated with existing ADCB security solutions, providing customers with the most comprehensive security solutions against threats from both inside and outside the bank's network. ADBC has consistently adopted aggressive online security strategies in order to protect customers and through this partnership, threats including phishing, malware and identity theft are significantly reduced through the technology deployed by Cyveillance.

Moreover, this partnership will provide ADCB with a more comprehensive view of its online presence through brand-related intelligence reports that focus on online brand protection. Cyveillance will further help ADCB become one of the first banks in the Middle East to take a more proactive approach to leverage its online presence in social media networking sites such as Twitter, Facebook and MySpace. This service will provide ADCB with valuable brand intelligence, including raw customer feedback, increased security and visibility, and the ability to utilize this intelligence in future marketing campaigns and new product development to better serve its customers' changing needs.

"The sophistication of today's online criminals is growing everyday, and their lack of discrimination based on language or location is creating challenges for organizations across the globe," said Panos Anastassiadis, COO for Cyveillance. "As online threats continue to increase their reach, we are pleased to have the opportunity to work with Abu Dhabi Commercial Bank and help implement an intelligence-led security approach to protect their customers throughout the Middle East."

For more information on these or other Cyveillance enterprise solutions, please visit http://www.cyveillance.com/web/solutions/enterprise/default.asp.

About Abu Dhabi Commercial Bank
ADCB is a full-service commercial bank which offers a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate, currency, derivative and Islamic products, project finance, property management, brokerage, asset management, and strategic investments. ADCB is owned 64.8 percent by the Abu Dhabi Government through Abu Dhabi Investment Council. Its shares are traded on the Abu Dhabi Securities Market in Abu Dhabi. In 2008, ADCB was named "Bank of the Year" by Banker Middle East Magazine. For more information, please visit us on http://www.adcb.com.

About Cyveillance
Cyveillance, a world leader in cyber intelligence, provides an intelligence-led approach to security. Through continuous, comprehensive Internet monitoring and sophisticated intelligence analysis, Cyveillance proactively identifies and eliminates threats to information, infrastructure, individuals and their interactions, enabling its customers to preserve their reputation, revenues, and customer trust. Cyveillance serves the Global 2000 and OEM Data Partners - protecting the majority of the Fortune 50, regional financial institutions nationwide, and more than 30 million global consumers through its partnerships with security and service providers that include AOL and Microsoft. Cyveillance is a wholly owned subsidiary of QinetiQ North America. For more information, please visit http://www.cyveillance.com or http://www.qinetiq-na.com.


Share article on social media or email:

View article via:

Pdf Print

Contact Author

Brian Hedquist

Tony Welz
Visit website