Cairo-based Fawry, the leading company in electronic payment solutions and banking technology, signed a cooperation protocol with the Saudi company CYBERX – the leading Arab platform that raises cyber awareness in the Arabic language – with the aim of raising awareness of the concept of cybersecurity and the basic principles of this field. 

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

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

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.

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 defense against fraud in the Arab world.

Fawry is also interested in upgrading the lines of security defense, from merchants to customers.

It is noteworthy that ‘CYBERX’ provides cybersecurity awareness campaigns, skills development, and training services in the field of cybersecurity, in addition to several other solutions, including phishing.

Tareq Bashir, Head of Risk and Compliance Department at Fawry, said: “Fawry is pleased to cooperate with the leading Arab company CYBERX in the field of cybersecurity awareness. 

He added that 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 digitization of all sectors, and the trend towards building smart cities.”

Mohannad AlKalash, Founder of CYBER, said: “We firmly believe that cybersecurity is much more than policies and technology, it is a culture that blossoms within organizations, and awareness is its fuel.”