CPMI-IOSCO Guidance on Cyber Resilience for Financial Market Infrastructures
International guidance establishing cybersecurity and operational resilience expectations for financial market infrastructures (FMIs) including CCPs, CSDs, payment systems, and trade repositories. 5 risk categories covering governance, identification, protection, detection, and response/recovery with 3 maturity levels (evolving, advancing, innovating). Builds on CPMI-IOSCO PFMI Principle 17 and complements national supervisory frameworks.
AC (17) AT (6) AU (14) CA (9) CM (11) CP (10) IA (8) IR (9) MA (2) MP (1) PE (16) PL (7) PM (11) PS (9) PT (2) RA (9) SA (12) SC (16) SI (14) SR (12)
AC Access Control
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| AC-01 | Policy and Procedures | GOV-1PROT-1 |
| AC-02 | Account Management | PROT-1 |
| AC-03 | Access Enforcement | PROT-1 |
| AC-04 | Information Flow Enforcement | PFMI-20PROT-2 |
| AC-05 | Separation of Duties | PROT-1 |
| AC-06 | Least Privilege | PROT-1 |
| AC-07 | Unsuccessful Logon Attempts | PROT-1 |
| AC-08 | System Use Notification | PROT-1 |
| AC-09 | Previous Logon Notification | PROT-1 |
| AC-10 | Concurrent Session Control | PROT-1 |
| AC-11 | Device Lock | PROT-1 |
| AC-12 | Session Termination | PROT-1 |
| AC-16 | Security and Privacy Attributes | ID-4 |
| AC-17 | Remote Access | PROT-1 |
| AC-20 | Use of External Systems | PFMI-20 |
| AC-24 | Access Control Decisions | PROT-1 |
| AC-25 | Reference Monitor | PROT-1 |
AT Awareness and Training
AU Audit and Accountability
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| AU-01 | Policy and Procedures | GOV-1 |
| AU-02 | Event Logging | DET-1 |
| AU-03 | Content of Audit Records | DET-1 |
| AU-04 | Audit Log Storage Capacity | DET-1 |
| AU-05 | Response to Audit Logging Process Failures | DET-1 |
| AU-06 | Audit Record Review, Analysis, and Reporting | DET-1DET-2DET-4 |
| AU-07 | Audit Record Reduction and Report Generation | DET-1 |
| AU-08 | Time Stamps | DET-1 |
| AU-09 | Protection of Audit Information | DET-1 |
| AU-10 | Non-repudiation | DET-1 |
| AU-11 | Audit Record Retention | DET-1 |
| AU-12 | Audit Record Generation | DET-1DET-4 |
| AU-13 | Monitoring for Information Disclosure | DET-1 |
| AU-14 | Session Audit | DET-1 |
CA Security Assessment and Authorization
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| CA-01 | Policy and Procedures | GOV-1 |
| CA-02 | Control Assessments | LE-2SA-3TEST-1TEST-3TEST-4 |
| CA-03 | Information Exchange | GOV-5ID-2PFMI-20PROT-2 |
| CA-04 | Security Certification | TEST-1 |
| CA-05 | Plan of Action and Milestones | LE-1LE-2 |
| CA-06 | Authorization | GOV-2 |
| CA-07 | Continuous Monitoring | DET-1DET-2LE-1LE-2SA-3TEST-1 |
| CA-08 | Penetration Testing | SA-3TEST-1TEST-2TEST-4 |
| CA-09 | Internal System Connections | ID-2PFMI-20 |
CM Configuration Management
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| CM-01 | Policy and Procedures | GOV-1 |
| CM-02 | Baseline Configuration | ID-4 |
| CM-03 | Configuration Change Control | PROT-6 |
| CM-04 | Impact Analyses | PROT-6TEST-3 |
| CM-05 | Access Restrictions for Change | PROT-6 |
| CM-06 | Configuration Settings | PROT-6 |
| CM-08 | System Component Inventory | ID-1ID-2ID-4 |
| CM-09 | Configuration Management Plan | PROT-6 |
| CM-12 | Information Location | ID-1ID-2ID-4 |
| CM-13 | Data Action Mapping | ID-1ID-4 |
| CM-14 | Signed Components | PROT-6 |
CP Contingency Planning
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| CP-01 | Policy and Procedures | GOV-1PFMI-17 |
| CP-02 | Contingency Plan | PFMI-17RR-2RR-5 |
| CP-04 | Contingency Plan Testing | LE-1PFMI-17RR-5TEST-1TEST-4TEST-5 |
| CP-06 | Alternate Storage Site | PFMI-17RR-2 |
| CP-07 | Alternate Processing Site | PFMI-17RR-2 |
| CP-08 | Telecommunications Services | PFMI-17RR-2 |
| CP-09 | System Backup | PFMI-17RR-2RR-3TEST-5 |
| CP-10 | System Recovery and Reconstitution | PFMI-17RR-2RR-3 |
| CP-12 | Safe Mode | PFMI-17RR-2 |
| CP-13 | Alternative Security Mechanisms | PFMI-17RR-2 |
IA Identification and Authentication
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| IA-01 | Policy and Procedures | GOV-1PROT-1 |
| IA-02 | Identification and Authentication (Organizational Users) | PROT-1 |
| IA-03 | Device Identification and Authentication | PROT-1 |
| IA-04 | Identifier Management | PROT-1 |
| IA-05 | Authenticator Management | PROT-1 |
| IA-06 | Authentication Feedback | PROT-1 |
| IA-08 | Identification and Authentication (Non-organizational Users) | PROT-1 |
| IA-12 | Identity Proofing | PROT-1 |
IR Incident Response
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| IR-01 | Policy and Procedures | GOV-1PFMI-17RR-1 |
| IR-02 | Incident Response Training | RR-1 |
| IR-03 | Incident Response Testing | RR-1RR-5TEST-1TEST-4 |
| IR-04 | Incident Handling | DET-4LE-1PFMI-17RR-1 |
| IR-05 | Incident Monitoring | LE-1RR-1 |
| IR-06 | Incident Reporting | LE-1RR-1RR-4SA-2 |
| IR-07 | Incident Response Assistance | RR-1RR-4 |
| IR-08 | Incident Response Plan | PFMI-17RR-1RR-5 |
| IR-09 | Information Spillage Response | RR-1 |
MA Maintenance
MP Media Protection
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| MP-01 | Policy and Procedures | GOV-1 |
PE Physical and Environmental Protection
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| PE-01 | Policy and Procedures | GOV-1PROT-5 |
| PE-02 | Physical Access Authorizations | PROT-5 |
| PE-03 | Physical Access Control | PROT-5 |
| PE-04 | Access Control for Transmission | PROT-5 |
| PE-05 | Access Control for Output Devices | PROT-5 |
| PE-06 | Monitoring Physical Access | PROT-5 |
| PE-08 | Visitor Access Records | PROT-5 |
| PE-09 | Power Equipment and Cabling | PROT-5 |
| PE-10 | Emergency Shutoff | PROT-5 |
| PE-11 | Emergency Power | PROT-5 |
| PE-12 | Emergency Lighting | PROT-5 |
| PE-13 | Fire Protection | PROT-5 |
| PE-14 | Environmental Controls | PROT-5 |
| PE-15 | Water Damage Protection | PROT-5 |
| PE-17 | Alternate Work Site | PROT-5 |
| PE-18 | Location of System Components | PROT-5 |
PL Planning
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| PL-01 | Policy and Procedures | GOV-1GOV-2PFMI-2 |
| PL-02 | System Security and Privacy Plans | GOV-1PFMI-3 |
| PL-03 | System Security Plan Update | LE-2 |
| PL-04 | Rules of Behavior | PROT-4 |
| PL-09 | Central Management | GOV-1GOV-2PFMI-2PFMI-3 |
| PL-10 | Baseline Selection | GOV-3PFMI-3 |
| PL-11 | Baseline Tailoring | GOV-3PFMI-3 |
PM Program Management
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| PM-01 | Information Security Program Plan | GOV-1GOV-2PFMI-2PFMI-3 |
| PM-02 | Information Security Program Leadership Role | GOV-2GOV-4PFMI-2 |
| PM-04 | Plan of Action and Milestones Process | LE-2 |
| PM-09 | Risk Management Strategy | GOV-2GOV-3PFMI-2PFMI-3 |
| PM-11 | Mission and Business Process Definition | ID-1ID-2 |
| PM-13 | Security and Privacy Workforce | GOV-2GOV-4 |
| PM-14 | Testing, Training, and Monitoring | GOV-2 |
| PM-15 | Security and Privacy Groups and Associations | GOV-5LE-3REG-1RR-4SA-1SA-2 |
| PM-16 | Threat Awareness Program | DET-3ID-3LE-3RR-5SA-1SA-2 |
| PM-25 | Minimization of Personally Identifiable Information Used in Testing, Training, and Research | REG-1 |
| PM-26 | Complaint Management | REG-1 |
PS Personnel Security
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| PS-01 | Policy and Procedures | GOV-1GOV-4 |
| PS-02 | Position Risk Designation | GOV-4 |
| PS-03 | Personnel Screening | GOV-4 |
| PS-04 | Personnel Termination | GOV-4 |
| PS-05 | Personnel Transfer | GOV-4 |
| PS-06 | Access Agreements | GOV-4 |
| PS-07 | External Personnel Security | GOV-4GOV-5 |
| PS-08 | Personnel Sanctions | GOV-4 |
| PS-09 | Position Descriptions | GOV-4 |
PT Personally Identifiable Information Processing and Transparency
RA Risk Assessment
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| RA-01 | Policy and Procedures | GOV-1GOV-3ID-3PFMI-3 |
| RA-02 | Security Categorization | ID-1ID-3ID-4 |
| RA-03 | Risk Assessment | GOV-3ID-3PFMI-3RR-5SA-1 |
| RA-04 | Risk Assessment Update | LE-2 |
| RA-05 | Vulnerability Monitoring and Scanning | DET-3ID-3SA-1SA-3TEST-1 |
| RA-06 | Technical Surveillance Countermeasures Survey | TEST-2 |
| RA-07 | Risk Response | GOV-3ID-3PFMI-3 |
| RA-09 | Criticality Analysis | ID-1ID-2RR-2 |
| RA-10 | Threat Hunting | DET-3ID-3SA-1 |
SA System and Services Acquisition
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| SA-01 | Policy and Procedures | GOV-1 |
| SA-03 | System Development Life Cycle | PROT-6 |
| SA-04 | Acquisition Process | PROT-6PROT-7 |
| SA-05 | System Documentation | ID-1 |
| SA-08 | Security and Privacy Engineering Principles | LE-3PROT-6 |
| SA-09 | External System Services | GOV-5ID-2PFMI-20PROT-7 |
| SA-10 | Developer Configuration Management | PROT-6 |
| SA-11 | Developer Testing and Evaluation | PROT-6SA-3TEST-1TEST-3 |
| SA-15 | Development Process, Standards, and Tools | PROT-6 |
| SA-17 | Developer Security and Privacy Architecture and Design | PROT-6 |
| SA-21 | Developer Screening | PROT-7 |
| SA-22 | Unsupported System Components | PROT-7 |
SC System and Communications Protection
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| SC-01 | Policy and Procedures | GOV-1 |
| SC-02 | Separation of System and User Functionality | PROT-2 |
| SC-03 | Security Function Isolation | PROT-2 |
| SC-04 | Information in Shared System Resources | PROT-3 |
| SC-05 | Denial-of-service Protection | DET-2 |
| SC-07 | Boundary Protection | DET-4PFMI-20PROT-2 |
| SC-08 | Transmission Confidentiality and Integrity | PROT-3RR-3 |
| SC-12 | Cryptographic Key Establishment and Management | PROT-3 |
| SC-13 | Cryptographic Protection | PROT-3 |
| SC-16 | Transmission of Security and Privacy Attributes | PROT-3 |
| SC-24 | Fail in Known State | PFMI-17RR-2RR-3 |
| SC-28 | Protection of Information at Rest | PROT-3 |
| SC-32 | System Partitioning | PROT-2 |
| SC-39 | Process Isolation | PROT-2 |
| SC-46 | Cross Domain Policy Enforcement | PROT-2 |
| SC-47 | Alternate Communications Paths | RR-4 |
SI System and Information Integrity
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| SI-01 | Policy and Procedures | GOV-1 |
| SI-02 | Flaw Remediation | PROT-6SA-3 |
| SI-03 | Malicious Code Protection | DET-3 |
| SI-04 | System Monitoring | DET-1DET-2DET-3DET-4 |
| SI-05 | Security Alerts, Advisories, and Directives | DET-3ID-3SA-1SA-3 |
| SI-06 | Security and Privacy Function Verification | DET-2DET-4TEST-3 |
| SI-07 | Software, Firmware, and Information Integrity | PROT-3PROT-6RR-3TEST-5 |
| SI-08 | Spam Protection | DET-3 |
| SI-10 | Information Input Validation | PROT-3RR-3 |
| SI-12 | Information Management and Retention | PROT-3 |
| SI-16 | Memory Protection | DET-2 |
| SI-19 | De-identification | PROT-3 |
| SI-20 | Tainting | DET-2 |
| SI-21 | Information Refresh | LE-3SA-1 |
SR Supply Chain Risk Management
| Control | Name | IOSCO Cyber Resilience References |
|---|---|---|
| SR-01 | Policy and Procedures | GOV-1GOV-5PROT-7 |
| SR-02 | Supply Chain Risk Management Plan | GOV-5PROT-7 |
| SR-03 | Supply Chain Controls and Processes | GOV-5PROT-7 |
| SR-04 | Provenance | PROT-7 |
| SR-05 | Acquisition Strategies, Tools, and Methods | PROT-7 |
| SR-06 | Supplier Assessments and Reviews | GOV-5PROT-7TEST-4 |
| SR-07 | Supply Chain Operations Security | PROT-7 |
| SR-08 | Notification Agreements | PROT-7 |
| SR-09 | Tamper Resistance and Detection | PROT-7 |
| SR-10 | Inspection of Systems or Components | PROT-7 |
| SR-11 | Component Authenticity | PROT-7 |
| SR-12 | Component Disposal | PROT-7 |