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Omani investors urged to prioritise cybersecurity

Omani investors urged to prioritise cybersecurity

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The Ministry of Technology and Communications in Oman has organised a cybersecurity workshop for investors at the ministry headquarters. 

The workshop, targeting public and private investment organisations, aims to spread awareness on the recent World Economic Forum (WEF) report on Incentivizing Responsible and Secure Innovation, and to incentivise investors on prioritising cybersecurity risks on their investment portfolios.

This will help them ensure the security of their investments and maximise the return on them because cybersecurity attacks have been proven to cause huge financial losses on well-established organisations. 

During the workshop, Eng. Badar Ali Al Salehi, the Director General of Oman National CERT at the Ministry of Technology and Communications, and the head of the ITU-Arab Regional cybersecurity centre, gave a presentation on global and national trends in cybersecurity and gave an overview for the country.  

He also took the participants through the WEF report and the basic principles of cybersecurity that investors can incorporate throughout their investment journey. 

Eng. Al Salehi also presented the Cybersecurity Due Diligence Framework, and the assessment methodology by the WEF guiding investors to assess cybersecurity during the investment journey. Members of investment agencies in the private and public sectors attended the workshop. 

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