Manama: The National Bank of Bahrain Group (NBB Group) has successfully established the first Virtual Cyber Fusion Centre (vCFC) in the region.
NBB Group selected Cyware, the industry’s only Virtual Cyber Fusion Centre (vCFC) provider, for its advanced cyber fusion technology that offers threat intelligence sharing, incident response, and security automation and orchestration (SOAR) capabilities over an integrated, modular, and virtual platform. Parts of the deployment of the Virtual Cyber Fusion Centre (vCFC) has moved to Amazon Web Services (AWS) data centers in Bahrain in line with the cloud adoption strategy of the Government of Bahrain.
Through the deployment, the Group enabled itself with cyber threat intelligence feeds to all its assets using Cyware Threat Intelligence eXchange (CTIX). This shift brings advanced capabilities for multi-source threat intelligence ingestion, enrichment, and analysis, and allows NBB Group to significantly bolster its security posture as compared to the traditional SOC model of security deployed by similar organisations.
“The NBB Group is proud to be partnering with Cyware. It is our responsibility to keep our assets and customers safe from cyber-attacks. By bringing in Cyware’s cyber fusion centre, the Group is adopting an intel-driven, collaborative, and automated security approach much needed for countering advanced security threats,” Razi Amin, Group Chief Information Officer, National Bank of Bahrain.
“Being one of the most-trusted and fastest-growing financial centres, Bahrain is a potential target for threat actors. We are honored that NBB Group chose us in their quest to stay secure against advanced threats. We look forward to seeing the results of this effective programme being implemented for an unmatched security posture that we built with the Group,” Akshat Jain, Chief Technology Officer and Co-founder, Cyware, said.
Cyware’s Virtual Cyber Fusion Centre is a next-generation approach to cybersecurity that unifies all security functions into a single, integrated defense platform. The fusion centre, with its bidirectional threat intelligence sharing capabilities, would also pave the way for NBB Group to collaborate with other banks and financial services organisations in Bahrain or the GCC through sharing of high confidence actionable threat intelligence data.
