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Guideline 2017 status not recorded

Guidance Note on Cybersecurity for the Banking Sector (Central Bank of Kenya, August 2017)

Issued by Central Bank of Kenya

Plain-English summary

Issued under section 33(4) of the Banking Act to all institutions licensed under the Banking Act. Sets board governance duties, a CISO reporting line, third-party and outsourcing risk controls (section 3.3), notification to the CBK within 24 hours of a significant incident and quarterly incident reports.

Who it applies to

Banking

Topics

Cybersecurity & IT Risk Operational Risk & Outsourcing

Obligations arising from this law or regulation

Obligation Timing Regulator Source Detail
Cyber incident reporting by banks to the CBK Deadline Within 24 hours of the incident; quarterly report by the 10th day after quarter end CBK official

Official source

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