BAKU, Azerbaijan, November 18. There is interest in information security (IS) outsourcing in Azerbaijan, head of information security department of Russian 'SearchInform' company, Alexey Drozd told Trend this week.
He noted that Azerbaijan has seen a significant increase in interest in information security and technological innovation in recent months.
"Analysis shows that enterprises and organizations in Azerbaijan are increasingly turning to IS outsourcing in search of reliable and professional solutions to protect their data and information systems. Information security outsourcing, is the practice of outsourcing information security management and assurance to an external service provider," Drozd explained.
He said that organizations choose outsourcing to access security experts and advanced technologies without having to build and maintain internal infrastructure. This includes services such as threat monitoring, risk analysis, event and incident management, and implementation of protective measures against cyberattacks and data breaches.
He emphasized that the growing popularity of outsourcing in Azerbaijan is due to the increasing number of cyber threats and the enterprises' realization of how important it is to ensure reliable protection of their information resources. This trend contributes not only to the improvement of business security, but also to the development of the IS services market in Azerbaijan.
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In addition, this week, Azerbaijan and Kazakhstan exchanged experience in the field of "e-government".
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During the II Baku Forum on Sustainable Development, Aliya Azimova, representative of the International Finance Corporation (IFC) in Azerbaijan, noted that Azerbaijan will fully unlock its digital potential.
The law "On Digital Payments Strategy, Payment Systems, and Services" will contribute to the creation of a favorable environment for new participants in this sphere in Azerbaijan.
"This law also establishes the legal status of open banking. This, in turn, allows for the creation of new participants in the field. The Central Bank of Azerbaijan now has the authority to implement a special regulatory regime in order to test innovative financial services and products in a regulatory sandbox, which we hope will result in the creation of new ideas and breakthrough solutions. Legal entities and private entrepreneurs can now open payment accounts in places other than banks, expanding the availability of financial services," said Azimova.
"I would also like to briefly mention asset-based financing and the importance of tools in this area - specifically development of asset-based finance invoice recording system and a platform - which will help to digitize SME financing, and also note the use of financial market infrastructure by including big data on payments, insurance, and data related to SMEs and e-commerce for automation and full digitization of credit services. All these initiatives point to the possibilities of increasing efficiency and the need to create a favorable infrastructure, improve digital government platforms, improve the quality of digital financial services, form a thriving digital business environment, develop digital skills, and create a reliable ecosystem. Thanks to this, Azerbaijan, we hope, will fully reveal its digital potential," she said.
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ABADA Secretary General Kanan Gurbanov said that ABADA is implementing new projects on digitalization of East-West, North-South and Middle Corridor corridors.
"In order to facilitate international car transit, ABADA will continue its initiatives in this area in 2024. To raise our national carriers' market share in the international transportation services industry, improve their competitiveness against foreign carriers, and remove artificial barriers in the transportation process, we will focus our efforts on new initiatives and proposals," he said.
"The implementation of the electronic consignment note (e-SMR) will contribute to the expanded use of the electronic customs transit system (e-TIR) application. We'll further enhance cooperation with the State Customs Committee. Measures will be taken within our authority to implement projects for the development of transportation and logistics in the Caspian region," the secretary general said.
