The R C Bank UK applies Intelligence On Cyber Security

By Roseline Bangura

In recent decades, the using and rates of fraudulent practice and cyber security threats in majority Sierra Leonean companies have been on the increase with obvious implications on the cyber performance and the banking industry.

This event took place on the 22nd February 2024 at the City Hall Auditorium in patnership with the EST applied intelligence to enhance knowledge about financial inclusion and cyber security in Sierra Leone. However, the occurrence and frequence of the cyber security threats in the banking sector have affected the performance of the banks in Sierra Leone irrespective of emerging challenges Rokel commercial bank who is organizing the first ever cyber security and financial inclusion symposium.

As a financial institution that provides banking and related financial services in a manner that will build strong, lasting and statisfying relationship, with customer, employee, shareholders and other partners.

The Managing Director, Dr Ekundayo Walton Gilpin, earlier revealed that as a bank, they are on a journey path towards digital exploit in Sierra Leone. He has been a customer and also experience in other countries which he believes can be replicated in Sierra Leone.

As a proache banking institution, RC Bank knows that cyber security is a major threat in Sierra Leoneans hard earned monies and survival of their businesses.

The platform uses mobile, money operated by sierra Leone telecompanies to collect funds from people promising to repay them with huge profit or commission.

Management and staff of RC Bank have ensured administrative efficiency against these emerging threats and financial discipline ensuring sierra Leoneans who have access to banking services irrespective of distance.