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Mar 30 2010

Analytix gets NCB contract for Risk IT Framework

JEDDAH - Analytix, a provider of best practice-based information and communications technology (ICT)-related solutions, consulting and training, announced on Monday that it has been awarded a consulting contract to assist the National Commercial Bank ( NCB ) of Saudi Arabia to implement an IT Risk Management program, based on the Risk IT Framework that was launched by ISACA in 2009.
"IT risk is an extremely important area of concern for us," said Imad Jomaa, head of the IT Risk Department, IT division, NCB .
"Only very recently has an IT Risk Framework been available and NCB wanted to take advantage of this new situation, and thus we embarked on a project at the earliest opportunity that would integrate the Risk IT Framework with the bank's operational risk program, in compliance with the Basel II requirements." IT management is increasingly challeged to understand.

© The Saudi Gazette 2010

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