SAMA Identity Based Network Security
The Shared Password Crisis Undermining Banking Security:
Shared network credentials—a practice that remains prevalent in banking sectors globally—create a fundamental accountability gap: when multiple staff members use the same login credentials to access network infrastructure, forensic investigations cannot attribute actions to individuals. As Saudi Arabia Monetary Authority’s (SAMA) cybersecurity framework mandates identity attribution and continuous authentication for Saudi banks, the architectural shift from shared credentials to strong, identity-based access control using 802.1x RADIUS authentication on HFCL switches integrated with Active Directory addresses both a global security vulnerability and a specific regulatory requirement.