CBK tightens cybersecurity, operational resilience rules for financial firms

timeskuwait.com · tech
Full story

The Central Bank of Kuwait has issued new directives for exchange companies and electronic payment providers. These financial firms must now obtain external assessments of their operational resilience and cybersecurity. These rules aim to strengthen the business environment. The measures are intended to reinforce safeguards throughout the financial sector.

The Central Bank of Kuwait (CBK) has directed exchange companies and a range of electronic payment and financial service providers to obtain external assessments of their cybersecurity and operational resilience, as part of efforts to strengthen the business environment and reinforce safeguards across the financial sector. Under the directive, exchange companies, electronic payment service providers, … The post CBK tightens cybersecurity, operational resilience rules for financial firms appeared first on Times Kuwait .

Read full article → Compare