12 Hrs
Source:
الشورى
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Source: الشورى
12 Hrsالشورى
Source: الشورى
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Sherif Hazem, the Central Bank of Egypt’s Deputy Governor for Cybersecurity, said the bank would monitor implementation of the second edition of its cybersecurity regulatory framework through on-site supervision, assessing each bank’s readiness and compliance with the new requirements. The monitoring is intended to help banks implement the framework and address shortcomings through corrective measures before penalties are imposed, while taking into account differences in readiness based on each bank’s size, resources and nature of business. He also stressed the importance of supporting information security departments and attracting skilled professionals, and of strengthening protection alongside digital transformation and the growth of digital banks, in order to safeguard the stability of financial institutions and ensure continuity of their services.
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