BNM Restores CTOS’ Access to CCRIS After Nearly 2 Months Suspensionby Fintech News Malaysia November 18, 2021 0 comments
CTOS’ access to the Central Credit Reference System (CCRIS) has been restored by Bank Negara Malaysia (BNM) effective Wednesday onwards.
On 30 September 2021, BNM issued a temporary suspension of CCRIS’ access to all Credit Reporting Agencies as a precaution against what was described as a “credible threat”.
CTOS said that it has concluded a comprehensive and detailed review with independent global cybersecurity experts as required by the central bank.
After nearly two months of losing access to CCRIS, users can finally purchase their credit score reports from CTOS.
On October 25th, Experian was the first to have its access to CCRIS restored by BNM after it had similarly satisfied the central bank with its security assessment.