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07/02/2012 14:37 AST
Wethaq Takaful Insurance Company advised, on Tuesday, to ensure personal and business banking accounts against data loss due to increasing attacks of internet piracy.
Manager of the Reinsurance Department Al-Sadiq Al-Tawali told KUNA internet piracy is on the rise, recently, therefore it is very importance for clients to ensure the safety of personal accounts from any data loss.
The insurance industry has played a vital role in compensating and reviving companies and individuals from any loss of properties and finances, he added.
Therefore, banks should impose simple insurance fees on their clients as a precautionary measure from any attempt of penetrating banks' security systems.
He also urged investment companies and funds to be insured against piracy attacks as well.
Al-Tawali explained that what drew companies and individuals away from adopting insurance systems, is due to their reliance on the efficiency of their own internet protection programs.
However, he emphasized that since the internet is becoming an integrated part of our lives, not only on a personal level but also on a much wider international scope, therefore taking up such precautionary measures is a necessity as well.
KUNA
14/02/2015
Wethaq Takaful Insurance - Egypt is set to launch two real estate funds to pump investments up to 500 million Egyptian pounds ($65.5 million) within 2016, according to a report.
The funds
Trade Arabia
16/12/2010
Standard and Poor's Ratings Services said today it has revised the outlook on takaful player Wethaq Takaful Insurance Co. (Wethaq) to stable from negative. At the same time, we have affirmed the 'BB'
AME Info
28/05/2009
Standard and Poor's Ratings Services said today that it placed its 'BBB-' counterparty credit and insurer financial strength ratings on Kuwait-based Wethaq Takaful Insurance Co KSC (Closed) on Credit
Arab Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| BUPAARABIA | 170.60 | -2.80 (-1.62 |
| TAWUNIYA | 136.60 | -0.60 (-0.44 |
| ALRAJHITAKAFUL | 135.60 | -1.20 (-0.88 |
| QATI | 1.88 | -0.01 (-0.53 |
| RASAN | 82.80 | -1.20 (-1.43 |
17/04/2025
Abu Dhabi-based global entities ADQ, IHC and Modon Holding have entered into a joint venture to form a dedicated infrastructure platform - Gridora - that will actively drive infrastructure developmen
Trade Arabia
17/04/2025
The Zain Group Annual General Meeting (AGM) was held at the Zain Group's headquarters in Kuwait, attended with a quorum of 79.2% of shareholders whereby they were presented with the Zain Group's 2024
Kuwait Times
17/04/2025
Al Meera Consumer Goods Company is strengthening efforts to digitise platforms and expand self-checkout as part of its continued strategies to improve services to customers.
"Looking towards
Gulf Times
16/04/2025
Commercial Bank, a leader in innovative digital banking solutions in Qatar, in collaboration with Microsoft, hosted the first DHL4SMEs workshop on digital and financial strategies for SMEs at Commerc
The Peninsula
16/04/2025
Dukhan Bank announced the names of the most recent round of draw winners for Thara'a, its Shariah compliant savings account, at the Bank's headquarters.
The draw was conducted under the supe
The Peninsula
Financial Information Co.
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