RegAlert2026-03-30 | CMD/DIR/PUB/ESSD/001/2026Added · Updated
Deployment Of Cybersecurity Self-Assessment Tool (CSAT)
The Central Bank of Nigeria has mandated all Deposit Money Banks, Payment Service Banks, Microfinance Banks, Payment Service Providers, Finance Companies, and Development Finance Institutions to complete and submit a new Cybersecurity Self-Assessment Tool (CSAT). This tool aims to gather comprehensive cybersecurity posture information to enhance risk-based supervision and regulatory oversight across the financial system. Institutions must submit the CSAT within three weeks for DMBs and five weeks for all other regulated entities, providing accurate data up to December 31, 2025, with any false information leading to regulatory sanctions.
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Central Bank of Nigeria
Compliance Department
Plot 33, Abubakar Tafawa Balewa Way,
Central Business District, P.M.B. 0187, Garki, Abuja Telephone:
Email:cmd@cbn.gov.ng
Website: www.cbn.gov.ng
Ref No: CMD/DIR/PUB/ESSD/001/2026 March 30, 2026
LETTER TO BANKS, SELECTED OTHER FINANCIAL INSTITUTIONS AND PAYMENT SERVICE PROVIDERS
DEPLOYMENT OF CYBERSECURITY SELF-ASSESSMENT TOOL (CSAT)
The Central Bank of Nigeria (CBN), in furtherance of its statutory mandate under the Banks and Other Financial Institutions Act (BOFIA) 2020 and consistent with its commitment to strengthening cybersecurity resilience across the financial sector, hereby notifies all Deposit Money Banks, Payment Service Banks, Microfinance Banks, Payment Service Providers, Finance Companies, and Development Finance Institutions of the deployment of its Cybersecurity Self-Assessment Tool (CSAT).
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Source: Central Bank of Nigeria — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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