Regulatory Alerts2020-11-03
Added · Updated
Cybersecurity Fortification Initiative 2.0
The Hong Kong Monetary Authority (HKMA) has issued the revised Cybersecurity Fortification Initiative 2.0 to simplify assessment processes while maintaining effective control standards aligned with current technology trends. The updated framework introduces enhanced risk assessment principles, including Blue team requirements for iCAST, and expands talent development by updating acceptable professional qualifications for cyber assessments. Additionally, the HKMA recommends improving the Cybersecurity Information Sharing Platform through a new target operating model and expanding membership to include sectors such as the DTC Association.
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