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Topic
[ISACA China HK] Webinar on 27 Feb 2025 - GL20: Guideline on Cybersecurity
Date & Time
Selected Sessions:
Feb 27, 2025 06:00 PM
Description
Topic:
GL20: Guideline on Cybersecurity
Speakers:
Mr. Patrick Rozario, Managing Director of Moore Hong Kong, Vice President of ISACA China HK
On 11 December 2024, the Insurance Authority (“IA”) has published a revised Guideline on Cybersecurity (“GL20”), which introduces the Cyber Resilience Assessment Framework (“CRAF”). The revised GL20 takes effect on 1 January 2025.
Cybersecurity incidents can result in financial loss, business disruption, damage to reputation and other adverse consequences for an insurer. The CRAF provides prescriptive guidelines on risk assessment and control principles to assist authorised insurers in implementing their cybersecurity frameworks effectively.
The webinar will describe CRAF which consists of four parts and also how we could leverage technology in performing the assessments and helping insurers in implementing their cyber resilience systems :
1. It sets out its applicability to insurers and the assessment approach under CRAF.
2. It explains how the assessments on an insurer’s overall inherent risks are conducted.
3. It explains how the assessments on an insurer’s cybersecurity maturity level are conducted.
4. It sets out the protocol on submission to the Insurance Authority (“IA”) of assessment results and improvement / remedial plan where insurers’ actual cybersecurity maturity level falls short of the level expected of them.
Registration for Non-members or Members of ACFEHK/ HKCS/ HKICPA/ CPA Canada/ IIAHK/ ASISHK, please email events@isaca.org.hk and provide your name, email address, and respective membership number.
Webinar Fees:
ISACA Member: Free of Charge
Member of ACFEHK/ HKCS/ HKICPA/ CPA Canada/ IIAHK/ ASISHK: HK$150
Non-Member: HK$300