First Ever Financial Industry Cybersecurity Council Launched


The country’s first-ever Financial Industry Cybersecurity Council was officially launched this week by the Bank of Namibia and the financial industry.The Council’s purpose is to provide a productive forum for the banking and non-banking financial sector to foster conversations and develop tactical strategies to combat cyber fraud within the industry.According to the central bank, the Council is also entrusted with ensuring efficiency in cyber-risk management as institutions can leverage from one another. The Council will convene meetings of experts for a structured dialogue on cutting-edge issues and devise appropriate strategies to mitigate sector-wide threats and vulnerabilities.

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