The Egyptian Computing Incident Response Team (EG-CIRT) and the Computing Incident Response Team for the Financial Sector (EG-FinCIRT) of the Central Bank of Egypt (CBE) have secured first places in the 12th Regional Cybersecurity Competition for Arab and member states of the Organization of Islamic Cooperation (OIC), with participation from Asia-Pacific and African countries. The competition was organized by the Arab Regional Cybersecurity Center (ITU-ARCC), in Muscat, Sultanate of Oman, under the theme “The Impact of Cyber Threats on the Digital Economy,” with the participation of more than 600 members of incident response teams and National Cybersecurity Centers from Arab and Islamic countries participating in the competition. The activities and proposed scenarios focused on building the capabilities of response teams and enhancing communication among them to ensure an effective response to escalating cyber threats. Sherif Hazem, CBE’s Sub-Governor for Cybersecurity, stated: “Cybersecurity issues have become a fundamental focus in safeguarding the national security across the globe, especially amid the intensified reliance on digital technologies. This necessitates the readiness of all states’ entities, with the banking and financial institutions at the forefront, to mitigate cyberattacks and cyberwarfare.

Source: Daily News Egypt November 13, 2024 17:20 UTC