Kazakhstan's largest banks to join supervisory cyber drills in 2027

September 29, 2026 at 08:16 PM2 min

This digest was compiled by AI from multiple sources — links to the originals are below.

Kazakhstan's largest banks, holding about 90% of banking sector assets, will take part in full-scale supervisory cyber exercises in 2027, the Agency for Regulation and Development of the Financial Market said. First Deputy Chairman Timur Abilkasymov announced the plan at the KazHackStan 2026 cybersecurity conference in Astana. The agency previously conducted pilot supervisory cyber drills to assess banks' resilience to attacks and recovery of information systems.

Key Facts

Banks accounting for about 90% of Kazakhstan's banking sector assets will participate in full-scale supervisory cyber exercises in 2027.
First Deputy Chairman of the Agency for Regulation and Development of the Financial Market Timur Abilkasymov announced the plan at the KazHackStan 2026 conference in Astana.
The agency previously conducted pilot supervisory cyber exercises to assess banks' ability to withstand attacks and restore information systems after incidents.
KazHackStan 2026 was organized by the Ministry of Artificial Intelligence and Digital Development and the Cyber Attack Analysis and Investigation Center.

Supervisory Cyber Exercises

The Agency for Regulation and Development of the Financial Market will involve Kazakhstan's largest banks, which hold about 90% of banking sector assets, in full-scale supervisory cyber exercises in 2027. First Deputy Chairman Timur Abilkasymov announced the plan at the KazHackStan 2026 cybersecurity conference in Astana. The agency previously conducted pilot supervisory cyber exercises that assessed banks' ability to withstand attacks and promptly restore information systems after potential incidents. Abilkasymov said supervisory assessment of banks amid the spread of artificial intelligence includes two areas: corporate governance resources, team staffing, and internal processes, as well as full-scale cyber exercises.

KazHackStan 2026 Conference

KazHackStan 2026 was organized by the Ministry of Artificial Intelligence and Digital Development and the Cyber Attack Analysis and Investigation Center. The conference brought together representatives of government and law enforcement agencies, Kazakhstani and international CERT teams, banks, financial and technology companies, developers, researchers, and experts. Participants discussed the use of artificial intelligence, development of digital technologies, new types of cyber threats and fraud, and ways to protect digital infrastructure and the financial sector.