SMG CISO wins Cybersecurity Excellence Award

SMG Swiss Marketplace Group is pleased to announce that its Chief Information Security Officer (CISO), Mostafa Hassanin, has been awarded the Cybersecurity Excellence Award. The award ceremony took place during the Global Cyber Conference 2024 on November 26 in Zurich. The award recognizes the achievements of Hassanin and his team in strengthening cybersecurity in the Swiss digital economy and underscores SMG's strategic investments in advanced security measures.

Presentation of the Cybersecurity Excellence Award to Mostafa Hassanin. (Image: Swiss Cyber Institute / Global Cyber Conference)

The Global Cyber Conference, one of the leading international events in the field of cybersecurity, brings together high-ranking cybersecurity stakeholders, authorities and academia to network, share knowledge and strengthen cyber resilience. At the Swiss CISO Awards ceremony, Mostafa Hassanin, Chief Information Security Officer (CISO) of SMG, was presented with the Cybersecurity Excellence Award. This recognition underlines the achievements of him and his team in protecting Switzerland's popular online marketplaces and promoting best practices in cybersecurity.

Pioneering initiatives in the area of cyber security

Under the leadership of Mostafa Hassanin, SMG has made significant progress in the area of cybersecurity since 2022, investing a mid-single-digit million amount annually. With his team of twelve, Hassanin has implemented advanced solutions and strengthened protection across SMG's various platforms. Key initiatives include:

  • State-of-the-art digital identity solutions: Advanced login systems with adaptive multi-factor authentication (MFA), including smart push notifications and passwordless login functions that are unique for online marketplaces in Switzerland and Europe.
  • Cybersecurity awareness campaigns: SMG actively promotes a culture of security and social responsibility through external and internal campaigns in order to make cyber security more accessible and easier to understand.
  • Ricardo MoneyGuard: A trusted payment solution that ensures secure transactions for buyers and sellers.
  • Participation in global standards: As a member of the FIDO Alliance, SMG is committed to global security standards and thus demonstrates its efforts to actively shape the future of digital security.
  • Cooperation with authorities: Cooperation with law enforcement agencies to combat cybercrime in Switzerland, including research and prevention work with Swiss Crime Prevention to raise awareness and effectively combat cybercrime.

These initiatives reflect SMG's commitment to strengthening customer trust, protecting infrastructure and data, and providing a secure platform for millions of users.

"It is a great honor to receive this award, which recognizes the work of the entire team," says Mostafa Hassanin. "Our recent successes, particularly with Ricardo and Homegate, show how investing in cybersecurity can make our online marketplaces safer and more trustworthy."

Cybersecurity as a central pillar of SMG's sustainability strategy

Cybersecurity plays a key role in SMG's sustainability strategy by strengthening trust and security in the digital ecosystem. As one of the four strategic pillars of sustainability, it is crucial for long-term cyber resilience and responsibility. Together with Hassanin and his team, SMG will continue to invest heavily in cybersecurity and implement further initiatives to raise standards even further.

About Mostafa Hassanin

With more than a decade of experience in information and cybersecurity, particularly in banking, finance and online marketplaces, Mostafa Hassanin has made a lasting impact on Switzerland's digital security landscape. His achievements include developing security strategies for leading Swiss brands, helping to shape industry standards in the financial sector and leading SMG's cybersecurity strategy to protect its platforms and users. In addition to his professional role, Hassanin is an ICT expert for the Canton of Zug, a member of the Cybersecurity Committee of digitalswitzerland and sits on the Advisory Board of InfoSec Global. He holds a BSc in Computer Science (Loughborough), an MSc in Software and Systems Security (Oxford) and an Executive MBA (INSEAD).

Source: www.swissmarketplace.group/de

This article originally appeared on m-q.ch - https://www.m-q.ch/de/smg-ciso-gewinnt-cybersecurity-excellence-award/

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