SAMA Cybersecurity Framework

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SAMA Cybersecurity Framework


SAMA Cybersecurity Framework

 

Witnessing the increased cyber threats, the Saudi Arabian Monetary Authority (SAMA) In May 2017, established a Cyber Security Framework to help Saudi Arabian Banking, insurance, and many other financial institutes safeguard against cyber threats. This framework guides SAMA-regulated entities with certain rules and controls.

In order to comply with the SAMA Cyber Security Framework, every organization must do:

  • Erase data from all its devices when it is unused
  • Must achieve data sanitization and should remove unfiltered data permanently and unrecoverable from all its devices.
  • Make sure the data is completely destroyed from all its devices before resale, recycling or destruction

It becomes difficult for an organization to comply with all the rules without leaving a speck of flaw. Therefore, many organizations or financial institutions take the help of the experts in the field like MatinQ Cybersecurity services to ensure complete security. Our skilled cyber-security professionals have helped many organizations in achieving their legal and regulatory compliance with SAMA framework and are still helping many others.

To ensure compliance and digital trust with the customers, we help financial organizations focus on the following key areas

  • Identity & Access Management
  • Secure Channel to avoid man-in-the-middle attacks
  • Mobile Application Shielding
  • Fraud Detection and Prevention
  • Cyber-security event management