Karachi: BankIslami, one of Pakistan's prominent Islamic banks, has entered into a strategic partnership with Resecurity, a US-based cybersecurity and intelligence firm, to enhance its security framework and ensure safer digital banking for its customers.
According to Bank Islami Pakistan Limited, the agreement will see BankIslami employ Resecurity's Digital Risk Monitoring (DRM) and Cyber Threat Intelligence (CTI) services. These services offer real-time insights into potential external security threats, enabling the bank to proactively identify and mitigate risks. This move is part of BankIslami's mission to support its defense protocols while providing secure, Shariah-compliant digital banking services.
The partnership was formalized at a signing ceremony held at BankIslami's headquarters, attended by key leaders from both organizations, including Rizwan Ata, President & CEO of BankIslami, and Muhammad Bilal, Vice President of Operations from Resecurity. Rizwan Ata emphasized the importance of safeguarding customer trust and highlighted the partnership's role in fortifying the bank's digital defenses.
This collaboration underscores BankIslami's commitment to digital transformation with a focus on security and safety. As the bank expands access to Islamic banking, the partnership with Resecurity aims to deliver secure, convenient digital banking solutions that align with Riba-free and Shariah-compliant financial principles.