Experts for mass awareness to ensure IT security in banks

Experts at a workshop yesterday emphasised the need for mass awareness among both customers and employees to improve the level of knowledge and ensure foolproof Information Technology (IT) security in the banking sector, reports BSS.
"Customers are now getting many banking services at home through electronic banking. So authorities of banks will have to take adequate security measures and also create awareness among the customers and employees for safe e-banking in the country," said Syed Faridul Islam, deputy managing director of Prime Bank.
He said this while taking part in the open discussion on the workshop on "Handling the Challenges of IT Risk Management in Banks" at Bangladesh Institute of Bank Management (BIBM) auditorium in the capital.
Debdulal Roy, general manager of Information Systems Development Department (ISDD) at Bangladesh Bank, Monitur Rahman, technology head of Standard Chartered Bank and Amjad H Khan, managing director of Bangla Phone, also took part in the open discussion.
Describing security threat to the banking sector as a major factor, Faridul said one banker by sharing experiences with other bankers on different types of fraud in banks can further strengthen the IT security.
He also underscored the need for increasing investment for IT division for strengthening further the security system in banks.
Monitur Rahman recommended appointment of the head of IT through Bangladesh Bank's approval for creating more importance of IT division in banking industry.
BIBM Director General Dr Toufic Ahmad Choudhury delivered the welcome speech while BIBM Associate Professors M Shihab Uddin Khan and M Mahbubur Rahman Alam, BIBM Assistant Professor Kaniz Rabbi and Executive Vice President of Eastern Bank Omar F Khandaker presented the research paper.
The research papers brought forth different issues and challenges including proper IT strategy aligned with the business strategy, preparing effective Management Information System (MIS) report, measuring service level agreement (SLA) and ensure IT Risk Management (ITRM) framework.

Experts for mass awareness to ensure IT security in banks

Experts at a workshop yesterday emphasised the need for mass awareness among both customers and employees to improve the level of knowledge and ensure foolproof Information Technology (IT) security in the banking sector, reports BSS. Customers are now getting many banking services at home through electronic banking. So authorities of banks will have to take adequate security measures and also create awareness among the customers and employees for safe e-banking in the country, said Syed Faridul Islam, deputy managing director of Prime Bank. He said this while taking part in the opendiscussion on the workshop on Handlingthe Challenges of IT Risk Management inBanks at Bangladesh Institute of Bank Management (BIBM) auditorium in the capital. Debdulal Roy, general manager of Information Systems Development Department (ISDD) at Bangladesh Bank, Monitur Rahman, technology head of Standard Chartered Bank and Amjad H Khan, managing director of Bangla Phone, also took part in the open discussion. Describing security threat to the banking sector as a major factor, Faridul said one banker bysharing experiences with other bankers on different types of fraud in banks can further strengthen the IT security. He also underscored the need for increasing investment for IT division for strengthening further the security system in banks. Monitur Rahman recommended appointment of the head of IT through Bangladesh Banks approval for creating more importance of IT division in banking industry. BIBM Director General Dr Toufic Ahmad Choudhury delivered the welcome speech while BIBM Associate Professors M Shihab Uddin Khan and M Mahbubur Rahman Alam, BIBM Assistant Professor Kaniz Rabbi and Executive Vice President of Eastern Bank Omar F Khandaker presented the research paper. The research papers brought forth different issues and challenges including proper IT strategy aligned with the business strategy, preparing effective Management Information System (MIS) report, measuring service level agreement (SLA) and ensure IT Risk Management (ITRM) framework.