NEWS
Egyptian
bank wins 12
international
renowned
awards in 2017
McAfee completes Skyhigh
Networks acquisition making
the company a Device-to-
Cloud Cybersecurity Leader
Chris Young, CEO,
McAfee, says the
announcement marks
a milestone for the
future of McAfee
C
ommercial International Bank-Egypt
(CIB) received 12 international awards
in 2017, in recognition of its outstanding
innovative performance. After positioning
itself as a local bank with global standards,
CIB-Egypt is now competing at a regional
and international level.
CIB-Egypt was named the ‘World’s
Best Bank in the Emerging Markets’ by
Euromoney; the first bank in the Middle East
and Africa to receive this award.
Euromoney testified that no bank in the
emerging markets performed better
than CIB-Egypt, and often in difficult
circumstances. Euromoney also named CIB-
Egypt ‘World’s Best Bank in the Middle East’
and ‘Best Bank in Egypt’.
CIB-Egypt also received five awards from
Global Finance and four awards from EMEA
Finance, including one for being the most
innovative bank in Africa.
“Winning these awards does not only
position the bank to the forefront, but it
also serves as a testament to the stability
of the Egyptian banking sector and affirms
its positive economic development plans.”
said Hisham Ezz Al-Arab, CIB Chairman and
Managing Director.
CIB is committed to providing a
sophisticated banking experience and an
innovative technological approach to its
customers through continuous development
of services and products.
8
INTELLIGENTCIO
M
cAfee, which operates in KSA, has
announced the completion of its
previously announced acquisition of
Skyhigh Networks. With the close of this
deal, Skyhigh Networks becomes part of
the McAfee Cloud Security Business Unit.
Skyhigh is an ideal complement to
McAfee’s strategy, one focused on
building and optimising mission-critical
cybersecurity environments for the future.
Skyhigh Networks pioneered the cloud
access security broker (CASB) market
segment that analysts describe as one of
the fastest growing areas of information
security investments of the last five
years. With this technology, McAfee
can now offer a cloud portfolio that
addresses the three primary challenges
of managing multi-cloud environments:
visibility into networks, workloads and
data, advanced threat protection and
pervasive data protection.
“This announcement marks a new
milestone for the future of our
company,” said Chris Young, chief
executive officer, McAfee. “With two
industry leaders coming together
under one company, we will make
cybersecurity an enabler to the
transformative power of our digital age.
We are focused on securing customers
from their devices to the cloud, giving
customers access to market-leading
capabilities in the architectural control
points that matter most.”
According to McAfee’s 2017 cloud
adoption and security report Building Trust
in a Cloudy Sky, 93% of organisations use
some form of cloud services.
McAfee cloud security solutions provide
visibility, advanced threat protection, and
data protection controls across all clouds
to secure network traffic, workloads
and data. The multi-cloud security
management of Skyhigh Security Cloud,
McAfee Cloud Workload Security and
McAfee Virtual Network Security Platform
allows administrators to identify and
secure critical cloud resources.
Security professionals know the
importance of the cloud but need a way
to ensure their networks, workloads and
data are all protected.
www.intelligentcio.com