BankIslami taps Resecurity to strengthen digital banking defenses

8 hours ago
By AI, Created 10:03 UTC, Jun 24, 2026, AGP -

BankIslami has partnered with U.S.-based Resecurity to add digital risk monitoring and cyber threat intelligence to its security stack. The move is meant to help the Pakistani Islamic bank spot external threats faster and protect customer transactions as it expands digital banking.

Why it matters: - BankIslami is adding outside cybersecurity support as digital banking activity grows. - The partnership is meant to improve threat detection, reduce risk exposure, and protect customer transactions. - The deal also supports BankIslami’s push to expand secure, Shariah-compliant banking services.

What happened: - BankIslami signed a strategic partnership with Resecurity, a U.S.-based cybersecurity and intelligence company. - The agreement will give BankIslami access to Resecurity’s Digital Risk Monitoring and Cyber Threat Intelligence services. - The signing took place at BankIslami’s headquarters in Karachi on June 24, 2026. - Senior leaders from both companies attended the ceremony.

The details: - The partnership gives BankIslami real-time visibility into potential external security threats. - The bank can use that visibility to identify and mitigate risks earlier. - BankIslami said the arrangement will strengthen its defense protocols and help deliver a safer digital banking experience. - The bank framed the deal as part of a broader digital transformation strategy centered on security and safety. - Rizwan Ata, BankIslami president and CEO, said the bank’s highest priority is safeguarding customer trust and keeping every transaction safe and hassle-free. - Ata said the Resecurity partnership brings world-class expertise to fortify the bank’s defenses. - BankIslami leadership at the signing included Imran H Shaikh, deputy chief executive officer; Sohail Sikandar, chief operations officer; and Sajjad Qureshi, chief risk officer. - Resecurity was represented by Muhammad Bilal, vice president of operations, and Burhan Sheikh, strategic advisor.

Between the lines: - The deal shows how banks are treating cybersecurity as a core part of digital growth, not just a back-office function. - BankIslami is pairing its Islamic banking expansion with a stronger security message, which can matter to customers weighing convenience against trust. - The emphasis on Riba-free and Shariah-compliant services suggests the bank wants security upgrades to reinforce, not distract from, its core brand.

What's next: - BankIslami will use Resecurity’s monitoring and intelligence tools to watch for threats and support its security operations. - The bank is likely to lean on the partnership as it keeps expanding access to digital Islamic banking services. - The companies did not disclose financial terms or the length of the agreement.

The bottom line: - BankIslami is betting that stronger cyber defenses will help it grow digital banking while keeping customer trust intact.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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