By James Anyanzwa

Security, anti-money laundering and banking risk will be the focus at the Aitec Banking and Mobile Money conference.

The event, which will run from March 7-8, will bring together bankers from the East Africa and the Comesa region. The world’s leading experts in banking security, information security, and banking risks will also participate.

"Like their international counterparts, African banks downplay their security threats and intrusions. But recent research by consultants like Deloitte indicate there is a disturbing escalation of incidents that threaten the stability of the region’s banking system," said Sean Moroney, Aitec Africa founder and chairman. This year’s sixth annual Aitec Banking and Mobile Money Conference has secured eight leading international banking security experts to provide the region’s bankers with an unprecedented level of intensive knowledge sharing over the two days of the conference.

Right speakers

In a statement yesterday Moroney said this line-up of expertise is the culmination of months of research and communication to find the right speakers and trainers to address what many see as the region’s banking security crisis.

"We feel this is an important contribution towards securing the region’s banking system and we hope commercial banks, MFI’s and central banks will take advantage of this valuable learning opportunity," he said.