Developing and Implementing a Business-Aligned Cybersecurity Strategy and Enterprise Security Architecture for Al Rajhi Capital

About The Customer

Al Rajhi Capital is a leading investment institution operating within the broader Al Rajhi Bank ecosystem, in a highly regulated financial environment requiring strong alignment between cybersecurity, business operations, and technology.

To enhance its cybersecurity maturity and establish a unified and scalable security architecture, the organization initiated a multi-year transformation program aligned with regulatory and international best practices.

This engagement delivered a comprehensive cybersecurity strategy and enterprise security architecture implementation, enabling improved compliance, enhanced risk visibility, and optimized security operations across the enterprise.

Engagement Snapshot

01

Problem Statement

Fragmented security posture, duplicated controls, and lack of unified enterprise security architecture

02

Proposed Solution

Integrated cybersecurity strategy and enterprise security architecture transformation aligned with regulatory frameworks

03

Outcome

Enhanced compliance, optimized controls, improved risk visibility, and measurable security value

The Challenge

  • Fragmented security controls and overlapping systems across domains
  • Lack of a unified enterprise security architecture aligned with business objectives
  • Complex integration with parent bank infrastructure, services, and processes
  • Increasing regulatory requirements under Saudi Central Bank and national frameworks
  • Limited visibility into enterprise-wide risks and control effectiveness

Our Methodology

01

Assessment Framework

Conducted comprehensive cybersecurity maturity assessments to identify gaps across governance, risk, and technical domains

02

Cyber Strategy

Developed a business-aligned cybersecurity strategy mapped to organizational objectives

03

Architecture Deployment

Designed and implemented Enterprise Security Architecture across all architectural layers

04

Compliance Alignment

Aligned practices with frameworks including SAMA Cybersecurity Framework, National Cybersecurity Authority, and ISO standards (27001, 22301, 20000)

05

Privacy Integration

Integrated data protection considerations in line with Personal Data Protection Law

06

System Rationalization

Rationalized overlapping systems and controls to improve efficiency and effectiveness

07

Value Optimization

Developed Return on Security Investment (ROSI) models to quantify and optimize security value

The Outcome

  • Achieved a significant uplift in regulatory compliance across applicable frameworks
  • Improved enterprise-wide risk visibility and control effectiveness
  • Reduced redundant systems and controls, enabling cost optimization in the range of millions of SAR annually
  • Enhanced incident prevention and response capabilities through risk-based control optimization
  • Strengthened alignment between cybersecurity, business, and technology functions
  • Established a scalable and structured enterprise security architecture

Key Highlights

01

Strategic Transformation

Enterprise-wide cybersecurity strategy and ESA transformation

02

Platform Integration

Integration with parent bank ecosystem and governance structures

03

ROSI Optimization

Measurable security value through ROSI-driven optimization

What Al Rajhi Capital Says About The Outcome

Through this engagement, Al Rajhi Capital transformed its cybersecurity posture into a structured, business-aligned, and value-driven model, enabling stronger compliance, efficiency, and resilience.
Fahad Al Garni, Head of ERMHead of ERM
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