HK regulators aim to raise cyber security standards through consultations

21 April 2017 | 2 minutes read

With the SFC publishing a consultation paper aimed at tightening cyber security rules this quarter, private banks should review their client apps’ lines of defence. The SFC has emphasised the need for adequate security infrastructure when it comes to financial institutions’ mobile apps. The regulator is to propose around 20 baseline requirements, one of which will be the mandatory use…

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