<ul><li>The Financial Sector Conduct Authority (FSCA) in South Africa has established a Joint Standard on Cybersecurity and Cyber Resilience, set to commence in June 2025.</li><li>The standard aims to mitigate the risks posed by cyber threats targeting the financial sector and requires institutions such as banks, insurers, and retirement funds to meet stringent cybersecurity requirements.</li><li>IT solutions provider Troye, in collaboration with Arctic Wolf, offers tailored cybersecurity solutions to help institutions comply with the FSCA standards and enhance their overall cyber resilience.</li><li>The compliance requirements include the development of a comprehensive cybersecurity strategy, implementation of identity and access management protocols, regular testing of cyber resilience, and incident response capabilities.</li></ul>

Financial sector faces pressure to meet FSCA Cyber Resilience Standards

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