On April 8, 2021, the People’s Bank of China officially released the financial industry standard " JR/T 0223-2021 Financial data security—Security specification of data life cycle".Based on the classification of data security, this standard combines the characteristics of financial data, sorts out data security protection requirements, forms differentiated financial data security protection requirements covering the entire data life cycle, and builds a financial data security management framework. This standard provides guidance for financial industry institutions to carry out data security protection work, and provides references for third-party security assessment agencies and other entities to conduct data security inspections and assessments.
The release and implementation of this standard will help financial institutions to programme and establish a complete financial data security protection system, and promote data security management in a standardized and orderly manner through rational deployment and optimized configuration of security control measures. At the same time, the standard application can also further enhance the overall data security protection capabilities of the financial industry, and provide powerful guarantee for the steady development of data-related businesses in the financial industry.
This standard was prepared by China Financial Standardization Technical Committee, proposed and drafted by the Technology Department of the People’s Bank of China with the participation of relevant institutions from the industry. After extensively consultation and demonstration, this standard has passed the review of China Financial Standardization Technical Committee.
For detailed standards, please visit Financial Industry Standard Full Text System (see: http://www.cfstc.org/bzgk).