Here is the converted article in markdown format:

Cybersecurity Framework Launched by Egypt’s Central Bank to Protect Financial Sector

============================================================

The Central Bank of Egypt (CBE) has unveiled a comprehensive cybersecurity framework aimed at bolstering the security posture of the country’s financial sector.

A Guiding Document for Developing Cybersecurity Capabilities

The CBE’s initiative is part of a broader effort to establish a robust and sustainable cybersecurity ecosystem in the financial sector. The framework incorporates industry best practices and controls, providing a comprehensive approach to managing cybersecurity risks.

Key Features of the Framework

• Emphasis on security controls as the primary measure of compliance
• Baseline and harden systems to reduce attack surfaces
• Incorporates industry best practices and controls

Implementing the Framework with Tripwire Enterprise

Tripwire Enterprise has been chosen due to its ability to proactively harden systems by assessing configurations against internal and external security standards, benchmarks, and industry regulations.

Covered Areas of the Cybersecurity Framework

The CBE’s cybersecurity framework covers several key areas:

• Identity and Access Management: Ensure that users are granted only the minimal level of access needed to perform their job functions.
• Data Protection and Privacy: Safeguard client and business data, intellectual property, and personally identifiable information.
• Application Security: Reduce systemic risk exposure by safeguarding applications from exploitation throughout their life cycle.
• Endpoint Security: Protect servers, desktops, and workstations used to connect to the organization’s network, preventing malware infections, command and control activity, and other threats.
• Network Security: Protect data in transit, ensure proper network visibility, limit access to authorized endpoints, and take corrective actions on malicious activity discovered.
• Digital Channels: Support security controls needed to protect against threats such as abuse, fraud, and identity theft.
• Cloud Security: Address unique risks posed by using cloud computing offerings, including unauthorized access, data privacy, and lateral movement between and within cloud tenants.

Integrity Monitoring with Tripwire Enterprise

The CBE’s framework requires integrity monitoring to detect changes across assets and alert and report on unauthorized changes. Tripwire Enterprise provides a robust file integrity monitoring solution that can detect changes to files, folders, and system configurations, reducing noise and providing granular endpoint intelligence.

Conclusion

The launch of this cybersecurity framework marks an important step in Egypt’s efforts to safeguard its financial sector against the ever-evolving threat landscape. As the country continues to develop its cybersecurity capabilities, it is essential that organizations prioritize compliance with industry standards and regulations to ensure the continued trust and confidence of stakeholders.