
Financial sector urged to embrace South Africa’s cybersecurity standards
Financial Sector Conduct Authority, South Africa Local financial institutions have been encouraged to adopt South Africa’s newly introduced Joint Standard on Cybersecurity and Cyber Resilience Requirements, a comprehensive framework designed to bolster defenses against escalating cyber threats. The regulation, jointly issued by South Africa’s Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA), mandates that banks, insurers, pension funds, and other financial service providers implement robust cybersecurity strategies. These […]