AMMAN —
Central Bank of Jordan (CBJ) Governor
Adel Al-Sharkas said that the bank has intensified its efforts to enhance cyber
security in recent years to protect the banking sector’s institutions,
according to Jo24.
اضافة اعلان
During the opening of the
Arab Banking Cyber Security Forum on Tuesday, entitled “cyber security and the challenges of financial
stability and the criminal investigation readiness”, Sharkas said that the CBJ
had issued cyber risks adaptation instructions, which serve as the basis for
guiding all banking sector institutions on the need for cybersecurity
governance and cyber risk management.
At the beginning of this year, the CBJ developed a
special cyber-incident response unit for the financial and banking sector in partnership
with the banking sector. The unit has initiated the policy framework and the
required instructions to enhance cyber security for the banking sector institutions.
Sharkas noted that the CBJ continues to monitor
information and technology in financial and
banking sector institutions, and is
moving forward in the implementation of field inspections on their activities
to ensure their integrity and detection of irregularities that may subject such
institutions to cyber intrusions.
Sharkas clarified that the importance of protection
systems, networks and programs has recently increased in the face of digital
attacks that are usually aimed at accessing and exploiting critical information
and disrupting business transactions, making cyber security a key part of any
nation’s economic and national security system.
In July 2021, the CBJ launched the first version of
the financial and banking sector cyber security framework, which was prepared
with the participation of operating banks in the Kingdom, according to
Bassem Al-Salem, chairman of the Association of Banks in Jordan.
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