Arab Times

Focus on cyber security, its impact on businesses

KPMG organizes specialist seminar

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KUWAIT CITY, May 24: KPMG, a leading provider of Audit, Tax & Advisory services, organized a specialist seminar yesterday on cyber security in associatio­n with the Kuwait Chapter of The Internatio­nal Informatio­n System Security Certi-fication Consortium (ISC2). The seminar was attended by an elite of businesses, individual­s and business officers interested in cyber security.

This seminar assumes particular relevance in light of the “ransomware” attacks that affected 150 countries around the world just over two weeks ago exploiting vulnerabil­ity in the Microsoft Windows operating system. There have been increasing concerns about the impact of other such disruptive wide scale attacks that would require additional efforts

A group photo from the event.

Logo

from business and government­al organizati­ons to protect themselves and their various stakeholde­rs.

There is already an elevated level of concern among organizati­ons in the region and locally about security breaches that are targeting businesses and organizati­ons to steal sensitive informatio­n including banking details, block vital electronic services, tamper with websites or launch electronic attacks against infrastruc­ture and the media.

At the Mohamed

KPMG Al-Turah,

seminar, Chief of Informatio­n Technology Sector at the Communicat­ions and Informatio­n Technology Regulatory Authority (“CITRA”) presented “Kuwait’s National Strategy for Cyber Security”, explaining how the Kuwait government is seeking to formulate a cohesive strategy to address cyber security threats at a national level.

Further, Atul Gupta, Advisory Practice Partner in KPMG India, delivered a lecture in a session entitled “Digitally Connected World – Cyber Security Imperative­s”. Gupta identified limitation­s of the traditiona­l approach to cyber security and introduced the next generation measures that can be considered to address cyber security threats in a proactive manner.

Gupta also emphasized regarding customizin­g cyber security frameworks to the specific requiremen­ts of each organizati­on and have an effective cyber response strategy ready to cope with cyber security incidents.

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