Turkmenistan Steps Up Cybersecurity Efforts in Finance Sector

President Serdar Berdimuhamedov has signed a decree to strengthen cybersecurity in Turkmenistan, marking a significant boost for the country’s financial sector.

Decree Outlines Integrated Approach

The decree outlines an integrated approach to training highly skilled IT professionals and implementing measures at infrastructure, network, and software levels. This comprehensive strategy aims to ensure the security of Turkmenistan’s financial systems and protect against data breaches and cyber attacks.

Joint Project with UNDP

Mammethan Chakiyev, Director General of the Agency for Transport and Communications under the Cabinet of Ministers, briefed President Berdimuhamedov on a joint project with UNDP aimed at creating an “Electronic Government” system. This initiative will see public administration transition to digital means of processing, transmitting, and distributing information.

Enhancing Cybersecurity in Finance Sector

The move is seen as a significant step towards enhancing cybersecurity in Turkmenistan’s finance sector, which has been grappling with concerns over data breaches and cyber attacks. By implementing robust measures to protect against these threats, the government aims to restore confidence in the financial sector and promote economic growth.

Key Points:

• President Berdimuhamedov signed a decree to strengthen cybersecurity in Turkmenistan
• The decree outlines an integrated approach to training IT professionals and implementing security measures at infrastructure, network, and software levels
• A joint project with UNDP aims to create an “Electronic Government” system, transitioning public administration to digital means of processing information
• The initiative aims to enhance cybersecurity in Turkmenistan’s finance sector and restore confidence in the financial sector