Developing a Business-Aligned Cybersecurity Strategy for Alinma Bank

About The Customer

Alinma Bank is a leading financial institution operating in a highly regulated banking environment, requiring strong alignment between cybersecurity, business objectives, and technology operations.

To support its strategic growth and regulatory obligations, the bank initiated the development of a comprehensive cybersecurity strategy aligned with national and international frameworks.

This engagement delivered a business-driven cybersecurity strategy, enabling the organization to align security initiatives with enterprise priorities, strengthen regulatory compliance, and establish a clear roadmap for future capabilities.

Engagement Snapshot

01

Problem Statement

Lack of a unified, business-aligned cybersecurity strategy to guide investments and capabilities

02

Proposed Solution

Development of a comprehensive cybersecurity strategy with maturity assessments and a multi-year roadmap

03

Outcome

Clear strategic direction, aligned investments, and strengthened regulatory compliance

The Challenge

  • Need to align cybersecurity initiatives with business and transformation objectives
  • Increasing regulatory expectations under banking and national frameworks
  • Limited visibility into current maturity and capability gaps
  • Need to prioritize cybersecurity investments effectively
  • Requirement to establish a long-term, scalable cybersecurity roadmap

Our Methodology

01

Assessment Framework

Conducted cybersecurity maturity assessments aligned with regulatory frameworks and best practices

02

Capability Review

Evaluated existing capabilities across governance, risk, and technical domains

03

Strategy Definition

Defined strategic cybersecurity priorities aligned with business objectives

04

Strategic Roadmap

Developed a multi-year roadmap outlining capability development and investment areas

05

Compliance Integration

Integrated risk-based decision-making and regulatory compliance into the strategy

06

Regulatory Alignment

Ensured alignment with frameworks including Saudi Central Bank, National Cybersecurity Authority, and international standards

The Outcome

  • Established a clear and business-aligned cybersecurity strategy
  • Improved alignment between cybersecurity, business, and technology functions
  • Enabled effective prioritization of cybersecurity investments
  • Strengthened compliance with regulatory and industry frameworks
  • Provided a structured roadmap for long-term cybersecurity capability development

Key Highlights

01

Cyber Strategy

Business-aligned cybersecurity strategy development

02

Investment Roadmap

Multi-year roadmap for capability and investment planning

03

Compliance Integration

Integration of risk, compliance, and strategic objectives

What Alinma Bank Says About The Outcome

Through this engagement, Alinma Bank established a clear and structured cybersecurity strategy, enabling stronger alignment with business objectives and regulatory expectations.
Majed Al Zahrani, CISOCISO
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