Regulatory Alerts2021-11-09
Compliance with Policies, Frameworks, Standards, and Regulations Related to Cybersecurity
SAMA (Saudi Central Bank) issued this circular to mandate strict compliance with its cybersecurity policies, frameworks, standards, and regulations for all financial sector entities. The directive requires regulated institutions to implement fundamental cybersecurity controls, prioritize cybersecurity budget allocations, and align their operations with the National Cybersecurity Authority's guidelines to mitigate rising cyber threats. Financial entities must immediately adopt these measures to enhance national cybersecurity resilience and ensure continuous regulatory adherence.
Share