Regulatory Alerts2013-10-24
Added · Updated
Circular Regarding Guidelines to Mitigate Risks of Hacking in Remittance Systems
The Central Bank of Jordan mandates that licensed exchange companies implement specific technical and administrative controls to secure remittance systems against hacking. The circular requires the use of licensed software, regular updates, network firewalls, physical security, and strict access controls, while prohibiting the use of untrusted external storage media. These obligations apply to all personal computers and devices used in remittance operations, with designated technical departments responsible for monitoring compliance and managing user permissions.