NEWS
OMAN
NBO and ITA sign agreement for
customised banking solutions
challenges, such as high volumes of
daily payments. It will work to reduce
the turnaround time of clearing
transactions while giving the ITA the
ability to view reports and processes
in real time through a highly secure
web portal, while also helping decrease
human error when dealing with a high
volume of daily transactions.
The National Bank of Oman (NBO) and
the Information Technology Authority
(ITA) have signed an agreement to
utilise a custom banking solution that
offers greater control over transactions
and financial management.
Through centralisation and automation,
the solution addresses specific
The security measures work with
authentication from the systems of
the ITA as well as NBO. Ahmad Al
Musalmi, NBO’s CEO, said: “The custom
solution was built in-house by a talented
team of engineers at the NBO. As
an organisation, we always strive to
produce innovations that will enhance
the Sultanate’s banking sector, and we
are delighted to put this latest one into
practice alongside the ITA.”
By focusing on innovation, technology
and providing local solutions, NBO
has also focused on supporting the
government’s strategic goals of perusing
e-governance by creating digital
solutions that enhance the efficiencies
of the government and private sectors.
Dr Salim Al Ruzaiqi, CEO of the ITA said:
“We are proud to utilise a system that
was developed in the Sultanate of Oman.
The custom solution will help the ITA
enhance its efficiencies and give us better
reporting capabilities while supporting
the growth of Omani businesses.”
The Sultanate Signs an MoU with
FIRST to increase cybersecurity
Oman has signed a memorandum of
understanding with First, a global forum
of incident response and security teams.
Eng. Bader Alsalhi, the Director General
of the National Centre for Information
Security, and Margrete Raaum, the
chairman of the Organisation of Islamic
Cooperation (OIC), signed the MoU
during the general annual meeting of
the FIRST organisation.
The MoU aims to reinforce cooperation
in responding to cybersecurity,
organising events, training, and sharing
warnings about attacks.
FIRST aims to foster cooperation and
coordination in incident prevention, to
stimulate rapid reaction to incidents,
and to promote information sharing
12
INTELLIGENTCIO
among members and the community
at large. It brings together a variety of
computer security incident response
teams from government, commercial,
and educational organisations.
FIRST has more than 300 members,
spread over Africa, the Americas, Asia,
Europe and Oceania.
Since 1990, when FIRST was founded,
its members succeeded in dealing
with thousands of security-related
attacks that affect millions of computer
systems. Eng Badar Alsalehi said: “This
cooperation aims at achieving the
vision and objectives of the National
Cybersecurity Centres of the OIC in
reinforcing the relations between the
centres in the organisation, exchanging
information and experiences in
cybersecurity fields and aligning the
cybersecurity policies with the rules and
legislative regulations.
“In addition to encouraging research
and innovation in this field, building
the cybersecurity capabilities and
raising awareness among the member
states as well as helping them to
establish and develop the National
Cybersecurity Centres.”
www.intelligentcio.com