Hong Kong Monetary Authority’s Cybersecurity Fortification Initiative 2.0 will roll out in January. Updated version of the framework designed to strengthen cyber resilience in the banking and financial sector. 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 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.cuinfosecurity.com/hong-kong-updates-cybersecurity-fortification-initiative-a-15316