Fawry and CYBERX partner to raise cybersecurity awareness in Egypt

By Delisha Fernandes

‘Fawry’, an electronic payment solutions and banking technology provider, signed a cooperation protocol with the Saudi company ‘CYBERX’, an Arab platform that raises cyber awareness.

The cooperation aims to combat security threats and reduce cyber-attacks, especially with a global increase in digital fraud cases.

As ‘Fawry’ and ‘CYBERX’ believe that the human factor is the first line of defense against common cyberattacks, electronic threats and malicious cyber attachments.

CyberX strives to provide cybersecurity awareness programs and comprehensive content to build awareness and enrich the community with powerful tools to learn to be cautious against the risks of online fraud and cybersecurity attacks.

Tareq Bashir, Head of the Risk and Compliance Department at ‘Fawry’, said: “Fawry is pleased to cooperate with the leading Arab company ‘CYBERX’ in cybersecurity awareness. Interest in information security and cybersecurity is no longer a luxury for the corporate community, institutions, and the state in general, especially with the expansion of digitisation of all sectors and the trend towards building smart cities.”

Moreover, ‘Fawry’ has taken a strong interest in the goals of ‘CYBERX’ and the ability to simplify concepts and principles of information security and cybersecurity, which build integrated lines of defence against fraud in the Arab world.

Mohannad AlKalash, Founder of ‘CYBERX’, said: “The partnership between ‘Fawry’ and ‘CyberX’ represents a milestone towards achieving our goal of accelerating secure digital transformation in the Arab world and the Egyptian market. This cooperation will enable us to benefit from our expertise and provide unparalleled cybersecurity awareness to millions of consumers, retailers, and employees, thus enhancing trust and security in this digital world.”