Legislation Function

The Financial Cyber Emergency Response Team (Jo-FinCERT) is responsible for issuing the necessary legislation to enhance cybersecurity for financial and banking sector in accordance with the best international standards and best practices in force. Jo-FinCERT is also responsible for conducting studies and reports on emerging cybersecurity topics, their risks, and related developments that any of the sector’s institutions may be exposed to, and providing recommendations regarding them. Since the establishment of Jo-FinCERT, the team has issued many frameworks and guidelines necessary to raise the sector’s readiness to mitigate and address cyber risks.

These frameworks determine the minimum considerations and requirements that entities have to implement to improve the it’s cybersecurity posture and the overall financial sector cybersecurity posture and offer a better understanding for the threat landscape, and outlines the requirements necessary to ensure cyber resiliency. The Frameworks baselines have been developed and designed with appropriate consideration to relevant international best practices and regulations, standards, frameworks, directives and guidelines such as (SWIFT, FFIEC, PCI, NIST, ISO/IEC).