Kenyan Banking Security Regulation Spurs Growth of Data Centers

[InfoSec News <alerts () infosecnews org>]

http://www.csoonline.com/article/691438/kenyan-banking-security-regulation-spurs-growth-of-data-centers

By Rebecca Wanjiku
CSO
October 10, 2011

The Kenyan government's regulations for back up and disaster recovery 
plans in the banking sector has spurred growth in data centers, as 
businesses move to comply to new rules.

The Central Bank of Kenya has strict risk and compliance guidelines that 
compel banks to put in place mechanisms to guarantee business continuity 
in case of disaster, forcing banks to invest in data centers or to lease 
space within existing data centers.

Safaricom has four tier-three data centers and tier-four facility in the 
pipeline, Kenya Data Centers recently launched its own facility covering 
four floors of an ultra modern building while Equity and other banks 
have put up data centers to cater for internal and external demands.

"Regulatory requirements for backup and business continuity plans 
especially in banking have led to increase in awareness," for security 
said Nzioka Waita, Safaricom corporate affairs director.

Kenyan banks offer mobile-phone based and online applications, and 
disaster recovery has become a major concern.

[...]


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