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Sri Lanka insurance hosts a Cyber Risk Awareness Forum

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Top Left: K. G. P. Sirikumara - Assistant Governor - Central Bank of Sri Lanka Top Right: (L-R) Vijayanand Subramaniam Chief Operating Officer – Transasia Soft Tec and Abhyudaya Das Director - Turtlemint Bottom Right: (L-R) Thanuja Danwatte Chief Executive Officer – Imperial Specialty Insurance Brokers, Chandana L. Aluthgama Chief Executive Officer (SLIC), MPriyantha Perera Chief Operating Officer – General Insurance (SLIC) Bottom Left: Participants at the Cyber Risk Awareness Forum

Sri Lanka Insurance organized a Cyber Risk Awareness Forum for Bankers of Sri Lanka on the 24th of August at Ramada, Colombo. The program was attended by Chief Executive Officers, Chief Risk Officers and Chief Information Officers of Licensed Commercial Banks. Mr. K. G. P. Sirikumara, Assistant Governor of the Central bank of Sri Lanka was the Key Note speaker at this special forum.

This special forum was organized to educate the decision makers of the banking sector about the potential cyber risks and vulnerabilities faced by banks and financial institutions, challenges Chief Risk Officers, Chief Technical Officers, Chief Information Officers have to face, proactive measures a banks needs to take to mitigate cyber risks and enhance the overall cybersecurity position of the bank and encourage them to develop and implement comprehensive cybersecurity policies and procedures.

An interesting and important line up of topics were discussed during the awareness session such as Roles and Responsibilities of external or ancillary stakeholders, exiting policies and regulations and the Data Protection Act 09 of 2022. The key note speech addressed the compliance framework of cyber Insurance & impact on the banking sector which was delivered by the Assistant Governor of CBSL K. G. P. Sirikumara. Furthermore, the resource panel had engaging sessions which gave the opportunity for the participants to have direct dialog and have their queries answered.

Going beyond their call of duty, Sri Lanka Insurance as a responsible corporate citizen continues to add value to its customers, business community and the public through numerous initiatives.



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Cabinet nod to celebrate centenary of Tea Research Institute from 9th November to 14th November 2025

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The Cabinet of Ministers has approved the proposal presented by the Minister of Plantation and Community Infrastructure Facilities to hold the 26th Session of the Intergovernmental Group on Tea of the Food and Agriculture Organization of the United Nations and the 4th Annual Meeting of the Asian Tea Alliance to commemorate the Centenary Anniversary of the Tea Research Institute in Colombo from 9th November to 14th November in 2025 and to take necessary steps in that respect.

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Cabinet green light to establish the Aircraft Accident Investigation Bureau of Sri Lanka (AAIBSL)

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The Cabinet of Ministers granted approval to the resolution furnished by the Minister of Transport, Highways, Ports ad Civil Aviation to prepare the relevant draft bill to establish the Aircraft Accident Investigation Bureau of Sri Lanka (AAIBSL) in accordance with the Civil Aviation Authority of Sri Lanka Act No. 34 of 2002

 

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Protection of Rights of Elders Act No. 9 of 2000 to be amended

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The Cabinet of Ministers granted approval to the resolution furnished by the Minister of Rural Development, Social Security and Community Empowerment to instruct the Legal Draftsmen to prepare a draft bill to amend the Protection of Rights of Elders Act No. 9 of 2000

 

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