The Central Bank of Kenya proposed the new guidelines for cybersecurity standards last year in order to fight against banking frauds and to develop ways to mitigate the new threats that payment service providers are facing. According to the new guidelines, banks and mobile payment operators are required to file cybersecurity reports with the industry regulator. The firms are asked to notify the Central Bank of Kenya within 24 hours of any suspicious activity and also need to submit a quarterly report with CBK on the incidents experienced and how they were resolved. These guidelines on payment services will help in curbing emerging threats in the financial industry.
With this as a driver, Exibex, the team behind Finnovex Global Series, is proud to present the FinnoSec Global Series. The launch edition of this series, FinnoSec Africa, the Financial Infrastructure Security Summit, will be held on the 8th and 9th of September at Nairobi, Kenya
Through FinnoSec we aim at securing Africa’s Infrastructure from Cyber Vulnerabilities, where more than 200 delegates from across Africa and partners from across the world will come together to discuss the prevalentsecurity issues faced by banks and FIs, enhance continental cybersecurity strategies and promote ICS cybersecurity-oriented initiatives that will lay a roadmap to safeguard the BFSI Industry against the ever evolving threats.