the Central Bank of Azerbaijan (CBA) has approved the rules of the security of information systems in local banks, the text of which is published on the single website of the state regulations.
According to the innovation, the basic requirements for information systems (IS) and information technology (IT) is the effective management of risks arising in connection with IS and IT problems of banks, the existence of procedures of consistent IS activity in emergency, distribution of authorities among bank employees in connection with the use and management of IS and IT, appointment of system administrators and security administrators in banks, etc.
The requirements also contain sections on data entry in IS procedures in emergency situations, risk management and information security. The section on Information Security includes requirements for the bank's servers and the rooms where the servers are, functions of the users and administrators of IS, and the use of cryptographic protection systems. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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