10 basic contents of the regulations on information security in baking operations in Vietnam

17:20, 23/10/2020

This is an important content of the Circular No. 09/2020/TT-NHNN prescribing information system security in banking operations issued by the State Bank of Vietnam on October 21, 2020.

According to the Circular No. 09/2020/TT-NHNN of the State Bank of Vietnam, each institution must set out its own regulations on information security which must be consistent with its specific information system, organizational structure, managerial and operational requirements. The regulations on information security must be signed by the institution’s lawful representative and implemented throughout that institution.

Regulations on information security shall, inter alia, include the following basic contents:

- Management of information technology assets;

- Human resource management;

- Assurance of physical safety and the safety of installation environment;

- Operating and information exchange management;

- Access management;

- Management of third parties’ information technology services;

- Management of acceptance, development and maintenance of information systems;

- Management of information security incidents;

- Assurance of continuous operation of information systems;

- Internal inspection and reporting regime.

View more details at the Circular No. 09/2020/TT-NHNN of the State Bank of Vietnam, effective from January 01, 2021, except for provision of Point b Clause 4 Article 20 that will take effect from January 01, 2022.

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