Bahrain Institute of Banking and Finance (BIBF) is hosting a GCC-wide seminar on cybercrime and security today and tomorrow.

Being held under the patronage of the Central Bank of Bahrain, it is scheduled to be held at the Diplomat Radisson Blu Hotel, Residence and Spa.

The seminar will discuss penetration, hacking attacks and advanced persistent threats, malware and spyware, denial of service attacks, risk scenarios in the cloud, social engineering risks, bring your own device (BYOD) risks, audits and risk assessments, key cyber security controls and BYOD best practices.

It has been designed to equip risk, compliance and fraud prevention professionals with the knowledge they need to combat these sophisticated crimes and mitigate the risk they pose.

The seminar is conducted in collaboration with the International Compliance Association, UK, and is funded under Tamkeen's conferences and seminars support scheme.

"Increasing exposure of businesses to the Internet provides the advantage of publicising business offerings and promoting interaction between stakeholders," CBB information technology director Yousif Al Fadhel said.

"However, it also requires adequate security measures to be deployed in a timely manner to counter possible and reported risks to IT infrastructure across organisations.

"It is hence mandatory for IT security officials to be well-informed about latest developments in IT security risks and remedies," he added.-TradeArabia News Service