ClearSkies Strengthens Cyber Resilience for Saudi Financial Services as Cashless Transformation Accelerates

Riyadh – Asdaf News:

As Saudi Arabia accelerates its transition toward a cashless, digitally enabled economy, the financial sector is entering a new era of opportunity – and cyber risk. According to the Saudi Central Bank (SAMA), electronic payments accounted for 85% of total retail payments in 2025, reflecting the rapid progress of national payment systems and the Kingdom’s continued efforts to reduce reliance on cash under Saudi Vision 2030.

This shift is reshaping the operating environment for banks, fintechs, payment providers and financial institutions. As digital payments, mobile banking, cloud adoption and Open Banking services expand, so does the volume of sensitive data, digital identities, transactions and access points that need protection. Cybersecurity is no longer only a technical function; it is now a board-level priority and a critical pillar of trust, continuity and financial sector resilience.

Saudi Arabia has already established a strong regulatory foundation for cyber maturity across the financial ecosystem. SAMA’s Cyber Security Framework applies to banks, finance companies, payment systems and payment service providers, among other supervised entities, while the recent licensing of fintech companies for Open Banking services reinforces the Kingdom’s ambition to enable secure financial innovation.

Against this backdrop, financial institutions must demonstrate more than compliance readiness. They need the ability to detect and respond to threats within minutes, maintain continuous visibility across identities, transactions, endpoints and cloud environments, and prove operational resilience under real attack conditions.

ClearSkies Integrated SOC platform: autonomous cyber defense for a fast-moving financial sector
In an environment where AI-driven attacks can escalate in minutes, traditional and fragmented Security Operations Centre models are no longer sufficient. ClearSkies supports financial institutions with its Centric AI Integrated SOC Platform, a unified approach to security operations that combines detection, investigation and response across the full attack surface.

The platform brings together Generative AI for contextual understanding, Agentic AI for autonomous decision-making, advanced automation, unified telemetry and a proprietary Large Language Model developed specifically for cybersecurity. By correlating signals from endpoints, identities, networks, DNS and cloud environments in real time, ClearSkies enables financial institutions to identify anomalous behaviour earlier, investigate threats faster and initiate response actions before attacks can disrupt critical systems, customer data or transactions.

For banks, fintechs and payment providers operating in Saudi Arabia’s increasingly digital financial ecosystem, this unified model is particularly relevant. The rise of digital payments and Open Banking requires security teams to move beyond infrastructure protection alone and adopt an intelligence-led, identity-centric and transaction-aware approach to cyber defense.

Securing the new attack surface: identities, payments and AI-driven threats
Modern cyberattacks increasingly target identities, credentials and trusted access rather than only infrastructure. In the financial sector, this heightens exposure to threats such as AI-powered phishing, credential compromise, account takeover, deepfake-enabled fraud and attacks designed to exploit transaction flows or third-party connectivity.

ClearSkies addresses these challenges through capabilities tailored to highly regulated and high-value environments, including advanced endpoint protection, real-time access and behaviour monitoring, Identity Threat Protection, cross-domain correlation and autonomous response actions such as isolating endpoints or revoking access.

In active deployments across Europe’s financial sector, ClearSkies has demonstrated measurable outcomes, including up to 95% reduction in false positives, 80% faster investigations, 48% increase in analyst productivity, and response initiation within 0-30 minutes, significantly reducing Mean Time to Respond.

Building financial resilience in the age of AI-driven cyberattacks
As Saudi Arabia continues to advance its Vision 2030 financial sector ambitions, cyber resilience will be essential to sustaining trust in digital payments, Open Banking, fintech innovation and customer-facing financial services. The ability to respond at machine speed is becoming increasingly important as attackers adopt the same technologies that are transforming the financial industry.

“Financial institutions today face AI-driven attacks that adapt and strike at machine speed, outpacing even the most well-staffed traditional SOCs. An Autonomous SOC powered by the ClearSkies Centric AI ISOC Platform closes that gap, unifying detection, investigation and response into a continuously learning defense that acts in seconds, not hours. The result is reduced dwell time, sharper analyst focus and stronger alignment with regulatory and operational resilience requirements. Countering AI-driven threats demands AI-driven defense, and that is exactly what ClearSkies delivers,” said Eleftherios Antoniades, Founder & CTO of ClearSkies™.

By combining AI, automation and unified visibility in one operational layer, ClearSkies enables Saudi financial institutions to strengthen cyber resilience while reducing the complexity placed on security teams. As the Kingdom’s financial ecosystem becomes more digital, connected and data-driven, ClearSkies is positioned to support organizations in protecting the trust, continuity and innovation that underpin the next phase of Saudi Arabia’s financial transformation.