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Local banks are safe from any form of hacking, assures CBK

CBK

As the spate of global hacking continues unabated at government websites, hospitals and big companies — with the most recent of such deadly viruses being Ransomeware, the Central Bank of Kuwait has allayed fears of the general public saying information systems of the local banks are safe from any form of hacking, reports Al-Nahar daily.

According to the Central Bank of Kuwait, only one local bank experienced a minor anonymous attempt of illegitimate access, but it was not considered to be hacking of automation system A team of representatives from the Central Bank of Kuwait and other local banks has taken necessary preventive measures to avert further expansion of illegitimate incursion and made sure the action is of no effect.

The systems have been declared safe and strong enough to protect the electronic network. In the meantime, the local banks have been instructed to liaise with Online Banking Services Company (K-net) to implement further procedures by sending SMS containing unstable password to each customer to make it impossible for any intruder to operate a banking transaction in any account.

Meanwhile, Ministry of Social Affairs and Labor Undersecretary Dr Matar Al-Mutairi issued administrative Decision No. A/2291/2017 to form a committee which will review the basic systems of officially recognized societies according to Law No. 24/196, reports Al- Jareda daily.

The daily obtained a copy of the decision stating that the committee will work for one year under the leadership of the assistant undersecretary for legal affairs with the assistant undersecretary for social development, director of Charitable Societies Department and a number of ministry employees as members.

The target of the committee is to ensure that the basic systems follow related laws, Cabinet and administrative decisions. It must submit a memorandum to the undersecretary; mentioning names of societies whose basic systems violate such laws and decisions, suggestions to rectify violations and address the erring societies.

The committee is required to submit a report to the undersecretary every three months and it is authorized to ask for the help experts who will attend its meetings but they will not participate in the voting process.

 

@http://www.timeskuwait.com/Times_Local-banks-are-safe-from-any-form-of-hacking-assures-CBK

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