Speaker Bio

Ali Al-Majed
Guest speaker

Ali Al-Majed

Group Chief Information Security Officer | Risk Management
Ali AlMajed
Group Chief Information Security Officer (GCISO)
Key Responsibilities: Mr. AlMajed is responsible of leading the cybersecurity function at NBB Group. He is also currently the Chairman of Bahrain Association of Banks (BAB) Cyber Security Committee.
Career Summary: Ali has over 25 years of extensive experience optimizing enterprise cyber security for major international corporates in the financial, industrial and services sectors. In his previous roles, Mr. Ali concentrated on sharpening corporate security maturity through synergizing people, process and technology around sound and proactive security defenses and effective governance processes.
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Monday, 27 February, 2023 / 02:30 PM - 03:00 PM GST
Case Study: Data Classification in the GCC Financial Sector

Data classification is a crucial step in order to have a better understanding of the value and criticality of the information asset. Further, it is a primary stage to detect and control how the corporate information asset is handled in various scenarios (e.g. read, modified, stored, printed, shared…etc.) by the stakeholders. In addition, a classification process is one of the indicators of the data governance maturity level in a certain organization. Data classification has recently become a mandatory requirement by the regulators in the financial sector across the GCC region. In this session a sample of the data classification relevant regulations in the GCC financial sector will be highlighted, a method will be presented to classify data and the main protection and detection controls that can be implemented to enforce governance around it will be explored.

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