Executive Summary. As the cybersecurity challenge continues to affect many financial institutions, Central Bank of Kenya has now moved on to issue guidelines for Payment Service Providers (PSPs) barely a year after issuing one for the Banking sector. This guidelines is still in draft and the public and related stakeholders are required to give their […]
Many organizations across the globe, regardless of size or scope of operations have realized the importance of using technology, they have invested in information systems to aid them in their normal operations. Management should, therefore, ensure that the system is accurate, reliable and invulnerable to Cyberattacks. The importance of information Security audit ensures, Confidentiality, Integrity, […]
Executive Summary Technology and cyber risk was highlighted as one of the top three risks for the banking sector in addition to credit risk and liquidity risk. In order to address the risks posed to business continuity and the associated reputational risk arising from the increasing digitization of financial services, CBK issued a Guidance Note on […]
