New Zealand's central bank, Reserve Bank of NZ (RBNZ), introduces 72-hour cyber incident reporting requirement for banks.
New Zealand's central bank, Reserve Bank of NZ (RBNZ), is implementing new measures to improve cyber resilience, including requiring banks to report major cyber incidents within 72 hours. The move follows support from regulated entities for RBNZ's proposals on accessing information on cyber resilience. RBNZ will also implement formal cyber reporting requirements, periodic reporting of all cyber incidents, and a survey on cyber resilience of regulated entities.
March 03, 2024
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