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Azerbaijan to strengthen cybersecurity in financial markets

15 December 2017 17:45 (UTC+04:00)
Azerbaijan to strengthen cybersecurity in financial markets

By Trend

Azerbaijan’s Financial Market Supervisory Authority (FIMSA) will strengthen measures to ensure information and cyber security, combat cybercrime and raise the level of knowledge of employees engaged in the sphere of information security of financial markets, the FIMSA said in a message on December 15.

This is stipulated by the Memorandum of Understanding signed between the FIMSA and the State Agency for Special Communications and Information Security of Special State Protection Service of Azerbaijan.

The document was signed by FIMSA Executive Director Ibrahim Alishov and Deputy Head of the State Agency Azer Ahadov.

As part of the cooperation, the State Agency will provide the FIMSA with technical assistance in the field of ensuring information security, formation of internal policy on information security, holding training in this direction and other issues.

Thanks to the mentioned measures, participants of financial markets will be able to receive permanent protection against possible threats and as a result, security of services rendered to citizens will be ensured, Alishov added.

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