Absa Bank Mozambique held a cybersecurity conference on 22 and 23 April in Maputo, bringing together international experts from the Absa Group, members of the Board of Directors, clients, partners, business leaders, and government representatives through the Ministry of Communications and Digital Transformation.
According to a statement from the institution, received by DE, in a context of rapid digitalisation of financial services, the growing exposure to cyber risks has reinforced the need for a more robust, integrated, and continuous approach to digital security.
The bank’s initiative positions itself as a key moment of reflection and alignment on the role of cybersecurity in the sustainability and trust of the financial system, in an environment increasingly marked by sophisticated digital threats and the growing use of emerging technologies such as Artificial Intelligence.
Over the two days, participants discussed the main challenges of the current cyber landscape, with emphasis on the rise in fraud attempts, digital manipulation techniques, and new risk vectors associated with technological evolution.
The conference also highlighted the importance of coordinated action between financial institutions, the business sector, and public entities as a critical factor for an effective response to cyberspace challenges. In addition to knowledge sharing, the event also had a practical component focused on identifying concrete measures for prevention, mitigation, and incident response, reinforcing the importance of digital literacy and the adoption of safe behaviours by employees and clients.
According to Jaikumar Sathish, Chief Information Officer of Absa Bank Mozambique, “cybersecurity is an essential pillar in building trust in the financial sector. At Absa, we believe digital innovation must go hand in hand with security.”
He also added that the bank has been continuously investing in robust technological solutions and in training employees and clients, ensuring a safe and reliable banking experience aligned with the demands of the digital world.
Source: Diário Económico
