Regulatory Alerts2017-06-19 | 1654663031Added · Updated
Draft CBK Guidance Note on Cyber Risk - June 2016
The Central Bank of Kenya issues a guidance note on cyber risk to maintain a stable and efficient banking system. The note sets minimum requirements for institutions to develop strategies, policies, and procedures to mitigate cyber risks, outlining roles for the board, senior management, and a Chief Information Security Officer. Institutions should also engage external consultants and conduct regular assessments to understand their cyber threat landscape and ensure a proactive approach to cybersecurity.
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