Dhaka, July 31 -- Amid rising concerns over global cyber-threats, Bangladesh Bank has issued an urgent directive to all banks, financial institutions, mobile financial service providers, and relevant government bodies, calling for immediate action to fortify their cybersecurity systems.

The central bank, in a circular on July 30, warned that the country's financial sector could face serious cyberattacks if adequate preventive measures are not taken without delay.

Signed by Md. Tofayel Ahmad, Director of the Information and Communication Technology Operations Division of Bangladesh Bank, the circular outlines a comprehensive set of security protocols that all institutions concerned must implement without exception.

The instructions, wri...