Russian Central Bank Announces Mandatory Cyber-Security Regulations for Domestic Banks

From: CircleID

By CircleID Reporter

“Russian banks will be faced with a whole range of new regulations, and penalties for non-compliance, when it comes to cyber-security. . . .  mandatory reporting to FinCERT about breaches; the restriction of local area networks to computers connected to the payment service of the Central Bank and the introduction of constant monitoring for the operations of those computers which transfer payments to the Central Bank, among other requirements. . . . ”

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