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SafeNet Hardware Security Modules Selected to Protect the State of Qatar's Financial Communications and Transactions

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Executive Summary

The Qatar Central Bank, is one of the most advanced central banks in the Gulf Cooperation Council (GCC) countries and is the regulatory authority for banks, exchange houses, investment companies, and financial companies within the state of Qatar. Qatar Central Bank was looking for a solution for securing financial transactions, communications, and digital identities. Existing MPLS networks resulted in the lack of secure communication between QCB and the local banks in Qatar for financial bank transfers. After reviewing several solutions in the market, QCB selected SafeNet. They chose SafeNet because they could get a complete end-to-end solution from one vendor that provided the most secure products available and could be easily integrated into the current infrastructure.

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