Regulatory Alerts2026-02-16 | CRMD Circular Letter No. 01Cyber Shield: Cyber Resilience Strategy for SBP Regulated Entities (2025-2030)
This strategy establishes a comprehensive framework to strengthen the cyber resilience of State Bank of Pakistan-regulated entities against increasingly sophisticated and systemic digital threats. It mandates a risk-based approach across five core priorities: strengthening defenses, maturing governance, enhancing industry-wide collaboration, developing specialized cyber workforce, and evolving strategies to meet external trends. Key actionable measures include the adoption of Zero Trust Architecture, establishing a Financial Sector Computer Emergency Response Team (FinCERT), and formalizing standardized incident reporting and cyber-testing frameworks.
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