HKMA Cyber Resilience Assessment Framework (C-RAF)
Domain 1: Governance – HKMA Cyber Resilience Assessment Framework (C-RAF)

HKMA Cyber Resilience Assessment Framework (C-RAF) 1.1.A: 1.1 Cyber resilience oversight: advanced level

Advanced control principles for cyber resilience oversight (required, with baseline and intermediate, of an AI whose inherent risk is high). The board or a board committee has cybersecurity expertise or engages experts to support its oversight; it has a process to make management act on changing cyber risks and significant cyber issues; management has a formal process for continuously improving cyber oversight; business units are held accountable for managing the cyber risks of their activities; requests for more cybersecurity staff and tools are built into business-unit budgeting and aligned with the cybersecurity strategy; the standard board pack carries reports and metrics that go beyond events and incidents to cyber threat trends and the institution's security posture.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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