Banque Saudi Fransi Partners with Kaspersky Lab to Make Online Financial Transactions Safer for Users

Banque Saudi Fransi, a leading provider of comprehensive commercial banking and wealth management services in the Kingdom of Saudi Arabia, has agreed a partnership with global cybersecurity company Kaspersky Lab, to provide better protection to their online and mobile banking users and to raise the level of security awareness among its clients.

In line with its ‘Banque of Excellence’ strategy, Banque Saudi Fransi is offering the Kaspersky Total Security multi-device product to its online banking customers free of charge,  as a proactive measure for protecting their personal devices from viruses and other malware infections. Customers can log in to their online banking account through FransiPlus, BSF online banking services, to get the product activation code which can be used to activate Kaspersky Total Security in 3 devices and is valid for 2 years.

The research from Kaspersky Lab and B2B International shows that two-thirds of Internet users worldwide (65%) are worried about online financial fraud, yet 11% of consumers use no security solution at all to protect themselves. The bank is committed to protecting its customers from online security threats and increasing cyber security awareness throughout the region. Banque Saudi Fransi and Kaspersky Lab aim to lower the levels of financial cybercrime by informing users about the current and emerging threats and to give advice on how to avoid financial cybersecurity risks. 

“In line with the bank’s strategy, we are keen to deliver our customers and staff with a secure, safe and easy to use online experience. It will also benefit us by securing our online financial transactions, bringing us to the forefront of technological advancements in cybersecurity. We look forward to future collaborations with our partner Kaspersky Lab”, said Alrebdi Fahad Alrebdi, Chief Security Officer of Banque Saudi Fransi.

“The current realities are such that many people still do not have a security solution installed on their devices and do not know a lot about safe practices in cyberspace. For example, they can’t identify phishing messages or fake websites, which is leaving them vulnerable to a cyberattack. Together with Banque Saudi Fransi we hope to improve this situation,” said Ashraf Abdelazim, В2В Business Development Director in the Middle East at Kaspersky Lab.

About Banque Saudi Fransi

Banque Saudi Fransi (BSF) is a Saudi Arabian Joint Stock Company established by Royal Decree No. M/23 dated June 4, 1977. The Bank is affiliated with Credit Agricole Corporate and Investment Bank that holds an equity interest of 31.1%. Its objective is to provide all types of commercial banking services to both domestic and international customers aiming at creating a long term and personalized partnership with all its customers, gaining loyalty through recognized banking expertise, quality of service, as well as innovative and customized financial solutions. To learn more please visit: www.alfransi.com.sa