Updated version of Hong Kong’s Cybersecurity Fortification Initiative 2.0 will roll out in January. Banks and financial institutions in Hong Kong will have until December 2023 to complete most of the tasks required, including risk and maturity assessments as well as other auditing. The new version of the framework allows for more sharing of data and information between banks and institutions. The three pillars of the original Cybersecurity Initiative will remain: the Cyber Resilience Assessment Framework (C-RAF), the Professional Development Programme (PDP) and the Cyber Intelligence Sharing Platform.”]
Source: https://www.databreachtoday.com/hong-kong-updates-cybersecurity-fortification-initiative-a-15316