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Azerbaijan's National Depository Center implementing strict data protection measures

Economy Materials 20 September 2024 11:56 (UTC +04:00)
Azerbaijan's National Depository Center implementing strict data protection measures
Alyona Pavlenko
Alyona Pavlenko
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BAKU, Azerbaijan, September 20. Azerbaijan's National Depository Center (NDC) is implementing strict data protection measures, NDC's Deputy Chairman of the Executive Board Rana Isgandarova said at a conference dedicated to “Cybersecurity for the Green Economy” in Baku, Trend reports.

"We possess key national information and may be subject to cyberattacks. We are implementing strict data protection measures, including encryption, access control, and data minimization, to ensure the security of the information we hold," she said.

According to her, the center's mission is to create a reliable, efficient, and sustainable depository ecosystem focused on the development of the capital market and the promotion of digital services as a priority, which is detailed in the center's strategy.

Isgandarova emphasized that the center is currently undergoing a digitalization process, for which a high-quality IT system is essential.

To note, the conference “Cybersecurity for the Green Economy” is organized by the State Special Communication and Information Security Service of Azerbaijan and PROSOL. It is attended by local and foreign specialists working in the field of cyber security, as well as persons responsible for this sphere in state institutions, private enterprises, and organizations.

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