Riyadh, July 21, 2024 – The Saudi Central Bank (SAMA) has confirmed the security and stability of its systems, including the national payment systems and banking systems in the Kingdom, following a global technical disruption that affected numerous entities worldwide today.
SAMA stated that it adheres to the highest international standards and operational and cybersecurity practices for its systems and national payment systems, as well as the technical systems connected to other financial institutions.
The central bank also highlighted that it regularly updates its precautionary measures to ensure the efficiency of its business continuity plans and the effectiveness of the banking and national payment systems. This is aimed at enhancing the safety and adequacy of the infrastructure to provide high-efficiency services.
A series of technical issues on Friday disrupted the services of airlines, banks, stock exchanges, and television channels worldwide, triggered by an outage in Microsoft’s cloud computing services.