Regulatory Alerts2025-03-28
Added · Updated
Industry Guidance on the Management of Cyber Risks
The Financial Services Commission of Jamaica issued this guidance to establish minimum standards for managing cyber risks within the insurance, pensions, and securities sectors. Licensees are required to implement a comprehensive cyber risk management framework featuring a four-lines-of-defence model with clear board oversight and defined roles for senior management. The document mandates specific operational controls, including third-party dependency management, continuous employee training, and strict incident reporting protocols to ensure organizational resilience and financial stability.
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