ICT firm tips banks on cyber security


Local ICT firm, Business Computer Services (CBS), has challenged commercial banks and other financial institutions in the country to enhance use of advanced technology in safeguarding information.

This, the firm says, would help enhance cyber security.

CBS Managing Director James Chimwaza was speaking recently when the company hosted hybrid training themed ‘Banking Solutions for the New Norm; Digital Transformation in Toughest Regulatory Environments and Networking Solutions for Service Providers’.


“The need is there but we also see clear areas in this particular technology. Security and risk issues need to be addressed at all levels,” Chimwaza said.

At the training, the firm also unveiled an artificial intelligence technology called Aruba.

National Bank of Malawi Head of ICT Division John Mitchell touted the firm for the move.


He said cyber security and artificial intelligence are among the most important components in the world of doing business, hence the need for quick adoption.

“We are already using Aruba network devices. With what we have noticed, there is more we can do with existing equipment.

“We look forward to optimising our investment in the network space to integrate the various areas including monitoring of our work spaces and others and improving our information security,” Mitchell said.

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