Nigeria: Implemented CBN Risk-Based Cybersecurity Framework and Guidelines for Deposit Money Banks and Payment Service Banks, including minimum cybersecurity requirements
Description
Implemented CBN Risk-Based Cybersecurity Framework and Guidelines for Deposit Money Banks and Payment Service Banks, including minimum cybersecurity requirements
On 1 July 2024, the "Risk-Based Cybersecurity Framework and Guidelines for Deposit Money Banks (DMBs) and Payment Service Banks (PSBs)" was implemented. The framework was issued by the Central Bank of Nigeria (CBN) on 31 May 2024, requiring DMBs and…
Scope
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank