Staff Reporter :
Speakers at a workshop on Sunday said, Information Technology (IT) security in the banking sector is a must to ensure safety of banking services at home through electronic banking.
They also emphasized the need for mass awareness among the customers and employees to improve the level of knowledge and ensure foolproof IT security in the banking sector.
The workshop on “Handling the Challenges of IT Risk Management in Banks” was held at Bangladesh Institute of Bank Management (BIBM) auditorium in the city.
BIBM Director General Dr Toufic Ahmad Choudhury delivered the welcome speech while BIBM Associate Professors M Shihab Uddin Khan and M Mahbubur Rahman Alam, 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.
“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,” Syed Faridul Islam, Deputy Managing Director of Prime Bank said in the open discussion.
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.
