The Banking Executive Magazine, Issue 154, October 2021

Windows 11 Microsoft has been promoting the hybrid work scenario for over a year because it is a real trend that has changed how most of us will work in the future. Microsoft is positioning Windows 11 as being hybrid work- centric. Microsoft is bringing back widgets which are a feed powered by a back- end Artificial Intelligence AI to be personalized as possible. Windows 11 offers new commerce opportunities. Microsoft is looking to make the Microsoft Store attractive to a much broader audience than just customers looking for the latest games. Microsoft is promising a bet- ter search experience and adding more business-oriented apps to the store Microsoft wants Information Tech- nology IT managers to be involved as little as possible in its push to Win- dows 11. Windows 11 will be a zero-trust plat- form and this approach will span the entire Operating System landscape. That will include features like hard- ware-based isolation, encryption, and malware prevention all being turned on by default. CAN WINDOWS 11 MEET BANKS CYBERSECURITY CHALLENGES? In this section we assess windows 11 cybersecurity features with refer- ences to key issues raised at the Union of Arab Banks First Arab Banking Forum for Cybersecurity held in 7-9th October 2021 in Sharm el Sheikh, Egypt. The event ad- dressed all cybersecurity issues sur- rounding banks, the Middle East and Arab countries who are are experi- encing daily different kind of threats, such as distributed denial of service, spear phishing attacks, Credit Card Fraud, and others. The gap between motivated threat actors and security professionals has significantly grown and the traditional security solutions and controls are no longer sufficient to effectively protect the business. The event gathered experts from the region to share their expertise, know- how and to recommend adequate solution for the changing threat land- scape, raise awareness and deepen the knowledge of cyber security staff members in Arab banks and financial institutions about the modern tech- nologies used by hackers and the new recommended solutions to mit- igate the risks. Main topics were dis- cussed including: • Cyber Security Regulation – En- hancing banks cyber security pos- ture • Card Fraud Risk Management – Trends & techniques • Minimizing incident impact through Zero trust architecture ISSUE 154 OCTOBER 2021 the BANKING EXECUTIVE 37