Tuesday, 02 January 2024 12:17 GMT

Azerbaijan's Central Bank To Lift Veil On Cybercrime With Consistent Stats


(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 7.​ We are working on new regulations aimed at protecting customer rights, said Shahin Mahmudzade, Executive Director of the Central Bank of Azerbaijan (CBA), at a press conference on financial stability, Trend reports.

Mahmudzade emphasized that banks already face significant requirements concerning customer protection and cybersecurity.

“At present, we are studying what additional tools can be implemented in this area. At the same time, we will start releasing quarterly statistics on cybercrime incidents,” he said.

MENAFN07102025000187011040ID1110160756



Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.