Resecurity Partners With Union of Arab Banks to Strengthen Cybersecurity and Fraud Prevention Across the Arab Financial Sector.
Resecurity, a U.S.-based cybersecurity company trusted by Fortune 500 enterprises and government agencies worldwide, has announced a strategic partnership with the Union of Arab Banks (UAB) to fortify cybersecurity capabilities, enhance fraud prevention, and facilitate intelligence sharing across the Arab banking and financial sectors.
Strengthening Cyber Resilience Across the MENA Region
The Union of Arab Banks (UAB) represents over 330 Arab banking and financial institutions across the Middle East and North Africa (MENA). As the region’s largest financial consortium, UAB includes central banks, commercial and investment banks, financial institutions, and development funds. The organization plays a critical role in fostering economic development, digital transformation, and financial security while collaborating with regulatory bodies to advance financial inclusion and risk management best practices.
Through this strategic collaboration, Resecurity and UAB will work together to enhance the cybersecurity posture of Arab banks. The partnership aims to promote the adoption of advanced cyber threat intelligence solutions, implement proactive fraud prevention measures, and safeguard financial institutions and their customers from cyber-enabled fraud and financial crime.
Bringing Advanced Cyber Threat Intelligence to the Arab Banking Community
“As the digital transformation of the Arab banking sector accelerates, cybersecurity becomes a top priority to safeguard sensitive financial data and maintain the trust of our customers and partners. Through our collaboration with Resecurity, we are bringing world-class threat intelligence and cybersecurity expertise to the Arab banking community to help mitigate cyber risks and enhance regional cyber resilience,” said Wissam Fattouh, Secretary General of the Union of Arab Banks and the World Union of Arab Bankers.
Also Read: ColorTokens & Wipro Boost Cyber Resilience Globally
Comprehensive Cybersecurity Solutions for UAB Member Banks
As part of the partnership, UAB member banks will gain access to Resecurity’s cutting-edge cybersecurity solutions, including its Fraud Prevention Platform, which is specifically designed for the financial sector. This advanced platform leverages real-time threat intelligence, behavioral analytics, and machine learning to detect and mitigate fraudulent activities, providing robust protection against evolving financial crime threats.
Additionally, Resecurity will provide member banks with access to:
- Threat Intelligence Platforms – Offering deep insights into cyber threats targeting financial institutions.
- Digital Risk Monitoring – Helping banks proactively identify and address cyber risks.
- Advanced Cyber Threat Detection Technologies – Enabling real-time identification and mitigation of cyber threats.
By integrating intelligence-driven cybersecurity solutions, financial institutions can proactively assess, monitor, and mitigate potential cyber risks before they escalate.
Enhancing Security and Trust in the Arab Financial Sector
“We are honored to partner with the Union of Arab Banks, a leading institution driving the advancement and security of the Arab financial ecosystem,” said Gene Yoo, CEO of Resecurity. “Cybersecurity and fraud prevention have become essential pillars of digital banking and financial services. By combining Resecurity’s intelligence-led cybersecurity solutions and dedicated fraud prevention technologies with UAB’s regional leadership, we are confident this partnership will help enhance the security and trust of financial institutions across the Arab world.”
Building a More Secure Financial Future
Beyond technology solutions, this collaboration will facilitate greater information sharing, joint training initiatives, and cybersecurity capacity-building programs. These efforts will equip Arab banks with the necessary intelligence and tools to proactively combat emerging cyber threats and fraudulent schemes, ensuring a more secure and resilient financial ecosystem across the MENA region.