Given that the recent crisis in the financial system contributed to a sharp downturn in the economy that had broad effects, including the loss of millions of jobs, we have seen how all Americans are on the hook for financial institutions’ decisions.
With this in mind, SBP has issued various regulations and Page 7 of 10  guidelines including the frameworks for Enterprise Technology Governance and Risk Management, Security of Internet Banking and Payment Cards, Prevention against Cyber-Attack, and Risk Management in Outsourcing Arrangements by Financial Institutions.