11 December 2020
Separation technology programme receives high commendation in “Best Tech Overhaul” category
Absa Group, one of Africa’s largest financial services providers, won first place in the ’Fintech for Good’ category at the 2020 Banking Tech Awards ceremony yesterday, in recognition of its South African-based Cybersecurity Academy initiative.
Absa’s technology separation from Barclay’s PLC, which included the single largest data and system migration in Africa, received a high commendation in the ’Best Tech Overhaul’ category. The awards programme, hosted by FinTech Futures, a UK-based digital publishing platform, recognises excellence and innovation in the use of IT in financial services worldwide, as well as the people who make it happen.
The Absa Cybersecurity Academy, established in partnership with the Maharishi Institute, provides cybersecurity training for marginalised youth in Johannesburg and Cape Town, with the aim of securing work placements with affiliated organisations.
Says Sandro Bucchianeri, Group Chief Security Officer at Absa, “Since a young age, I have been incredibly passionate about security. COVID-19 has shown us more than ever how important it is, and addressing the global shortage of cybersecurity professionals is an urgent challenge. Absa’s Cybersecurity Academy means a great deal to me; it contributes to the efforts to break the cycle of poverty and build the resilience of organisations across the country.”