NBU to create center for cyber security incidents

The National Bank of Ukraine (NBU) will create a center to respond to cyber security incidents in the banking system and the payment space of Ukraine, the National Bank’s website said.

“Previously, our efforts were focused on individual transactions such as interbank payments or transactions with payment cards … Now we should consider the issue of appropriate cyber security in a much broader scope and concentrate on ensuring cyber security of all financial and banking sector,” the statement says citing Deputy Governor of the NBU Yakiv Smoliy.

The NBU said that the cooperation in the framework of ensuring cyber security in Ukraine was discussed by representatives of the banking community during the “round table” in Kyiv on October 4: representatives of Cyber Police of Ukraine, Security Service of Ukraine, the State Service for Special Communications and Information Protection of Ukraine were invited to participate in its work.

According to the report, representatives of the National Bank informed the participants of the event on the developed project-regulator of creating the center for responding on the incidents of cyber security in the banking system and the payment space of Ukraine: the information portal of the center is to provide fast and reliable communication between Ukrainian banks, law enforcement agencies and teams responding to computer incidents of parties ensuring cyber security in Ukraine.

“All parties will be informed about fraudulent incidents through this centralized single platform for coordinating actions to counter them,” NBU said.


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