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×The SAMA Compliance Framework is a cybersecurity regulation by the Saudi Arabian Monetary Authority (SAMA) to protect financial institutions' critical information and online services. It controls access to financial systems and ensures compliance with cybersecurity requirements. It also integrates best practices from global standards like NIST, PCI DSS, ISO 27001, and Basel II, helping organizations manage and deal with evolving cybersecurity threats.
The SAMA Certification process requires financial institutions to assess and address gaps in their cybersecurity practices to align with the SAMA Cybersecurity Framework. It involves conducting a self-assessment to identify vulnerabilities, implementing necessary controls and policies to meet compliance standards, and performing an internal review to ensure readiness.
An authorized third-party auditor then evaluates the organization’s adherence to the framework through an external audit. Once the audit is completed, a report is submitted to SAMA, which issues the compliance certification, validating the institution’s robust cybersecurity posture and regulatory adherence.
miniOrange provides robust cybersecurity solutions that streamline the creation, submission, and compliance of self-assessment reports, particularly for compliances like the SAMA Certification. The comprehensive solutions involve Identity and Access Management (IAM) solutions designed to help organizations achieve compliance with the SAMA Certification.
It also includes Multi-Factor Authentication (MFA), Single Sign-On (SSO), Privileged Access Management (PAM), and compliance auditing tools, enabling centralized authentication, granular access control, and robust data protection.Additionally, it seamlessly integrates with existing systems for accurate report generation, leveraging advanced analytics to reduce manual effort and minimize errors.
The compliance management features ensure adherence to evolving regulatory standards through real-time monitoring and alerts. For SAMA Certification needs, miniOrange offers tailored solutions that interpret and adhere to local regulations.
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