+RTS ICT Risk Management T. II Ch. II Art. 20 , 1

1. Overview

RTS ICT Risk Management T. II Ch. II Art. 20 , 1

1. As part of their control of access management rights, financial entities shall develop, document, and implement identity management policies and procedures that ensure the unique identification and authentication of natural persons and systems accessing the financial entities’ information to enable assignment of user access rights in accordance with Article 21.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
NOREA ICT (Security) Systems, tools, and solutions
Design, procure, and implement security solutions and tooling with the goal to ensure resilience, continuity, and CIA of ICT systems, particularly those supporting critical or important functions.
NOREA Data Protection Practices
Establish a secure configuration baseline for ICT assets, incorporating industry practices and techniques to minimize exposure to cyber threats. Deploy security measures to ensure CIA, prevent data loss and leakage, and protect against malicious codes. Protect data from risks arising from data management, including poor administration, processing risks, and human error. Ensure secure transfer of data and minimize the risk of data corruption or loss, unauthorized access, and technical flaws that may hinder business activity. Implement access restrictions based on data classification schemes. Regularly verify the effective deployment of these baselines.
NOREA Vendor Recommended Security Settings

Consider the security measures and settings recommended by the third-party service provider delivering the ICT service. Implement technical and organisational measures to minimise the risks related to the infrastructure used and managed by the ICT third-party service provider.
NOREA Endpoint Devices
Enforce usage requirements for portable and nonportable endpoint devices. Ensure that only authorized data storage media, systems, and endpoint devices are used to transfer and store data. Implement security measures to ensure that teleworking and the use of private endpoint devices do not adversely impact the overall security of the entity. This includes having a centralized management solution to remotely manage and wipe endpoint devices, security mechanisms that cannot be modified, removed, or bypassed, and the use of removable data storage devices only when the residual ICT risk remains within predefined risk tolerance levels. Enforce security measures to allow only authorized software installation on systems and endpoint devices.
NOREA Secure Data Deletion and Disposal
Establish a process to securely delete data on and offpremises. Establish a process to securely dispose or decommission data storage devices on and offpremises that contain confidential information.
NOREA Authentication Methods
Use authentication methods commensurate with the classification and risk profile of ICT assets. Implement strong authentication methods, particularly for remote access, privileged access, and access to critical ICT assets.
NOREA Identity Management

Assign a unique identity to each staff member or staff of the third-party service provider accessing information and ICT assets. Implement a lifecycle management process for identities, covering creation, change, recertification, temporary deactivation, and termination of user accounts. Utilize automated solutions where applicable.
NOREA Privilige Access Management

Define access rights based on need-to-know, need-to-use, and least privilege principles, including provisions for remote and emergency access. Enforce segregation of duties to prevent unjustified access or combinations that could circumvent controls. Ensure user accountability by limiting generic and shared user accounts, enabling user identification for all ICT system actions. Implement controls and tools to restrict unauthorized access.
NOREA Account Management

Establish procedures for granting, changing, and revoking access rights, specifying roles and responsibilities. Define retention periods for access logs. Assign privileged, emergency, and administrator access on a need-to-use or ad-hoc basis, with automated solutions for privilege access management. Withdraw access rights promptly upon termination of employment or when no longer required. Conduct periodic reviews of access rights, ensuring at least annual reviews for non-critical ICT systems and semi-annual reviews for critical systems.
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