Cenbank introduces new cybersecurity framework for financial sector
Cenbank introduces new cybersecurity framework for financial sector
Publish Date: 2026-03-29 11:25:00
Source Domain: www.tbsnews.net
The central bank highlighted the rapid expansion of online services, digital platforms, cloud computing, and interconnected networks
TBS Report
29 March, 2026, 09:25 pm
Last modified: 29 March, 2026, 09:29 pm
File photo of Bangladesh Bank/BSS
”
File photo of Bangladesh Bank/BSS
Bangladesh Bank has issued a comprehensive cybersecurity framework to address rising cyber risks in the country’s financial sector. The new guideline, titled “Cybersecurity Framework, Version 1.0 (2026)”, mandates that all scheduled banks, finance companies, mobile financial service (MFS) providers, payment service providers, and payment system operators fully implement the framework by 31 December 2026.
In a statement today (29 March), the central bank highlighted the rapid expansion of online services, digital platforms, cloud computing, and interconnected networks, which has significantly increased the use of information technology in financial services. While these advances ensure faster and more convenient services, they have also escalated cyber threats and vulnerabilities.
The circular warns that incidents such as cyberattacks, hacking, phishing, malware infections, ransomware, and data breaches pose serious financial, reputational, and operational risks to financial institutions.
Keep updated, follow The Business Standard’s Google news channel
To mitigate these threats, the framework emphasises the need to protect customer data confidentiality, integrity, and availability, while maintaining the stability of technological infrastructure.
The framework covers multiple areas, including cybersecurity governance, risk management, information and data protection, network and infrastructure security, access control, cyber threat monitoring…
