The Saudi Central Bank (SAMA) marked the graduation of 68 participants from the second batch of its Cyber Anti-Fraud Program (CAFP), following a three-month training programme delivered at Cambridge University. The cohort included staff from SAMA, local banks, digital banks, and electronic wallet institutions. The programme forms part of a national initiative launched by SAMA to build domestic capabilities to combat cyber threats affecting organisations and individuals. Training covered practical application of SAMA’s Counter-Fraud Framework, focusing on fraud methods, risks and prevention strategies across four pillars: governance, counter, monitoring, and response, alongside practical engagement with global banks and financial institutions.
Saudi Arabian Monetary Authority 2025-03-09
Saudi Central Bank graduates 68 participants from the second Cyber Anti-Fraud Program cohort
The Saudi Central Bank (SAMA) celebrated the graduation of 68 participants from its Cyber Anti-Fraud Program, a three-month training at Cambridge University. This initiative aims to enhance domestic capabilities against cyber threats, involving SAMA staff, local banks, digital banks, and electronic wallet institutions. The program focused on SAMA’s Counter-Fraud Framework, covering governance, counter, monitoring, and response strategies.