Financial news: Operators of major card payment systems: new information security requirements.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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The Bank of Russia published document On the requirements for hardware and software for devices used in significant card payment systems. These include hardware security modules (HSMs) for payment system information infrastructure, payment devices with a terminal core, ATMs, and payment cards.

The requirements establish parameters for developers of such systems and will replace the approaches in effect since 2020. They take into account the regulator's new measures to protect information during transfers and are also aimed at improving the efficiency of the import substitution process.

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