08 December 2016
Mallik Y


Mallik Y - JMR Infotech

2Posts 7,299Views 6Comments

Cyber Attacks on Banks

19 October 2016  |  4423 views  |  0

Instances of Banks suffering cyber attacks are on the rise. Cyber attacks were reported this week on Banks in India. In fact Reserve Bank of India (India's Central Bank) came out with rigorous guidelines on Cyber Security Framework in June 2016. It is time for the major Central Banks of the world to come together and lead the fight against this economic menace.



Comments: (1)

Mallik Y
Mallik Y - JMR Infotech - Bangalore | 20 October, 2016, 06:32

Today US regulators proposed 'Enhanced Cyber Risk Management Standards' to certain entities with total consolidated assets of $50 billion or more on an enterprise-wide basis.

Proposed standards address five categories of a comprehensive cyber risk management program

1. Cyber risk governance

2. Cyber risk management

3. Internal dependency management

4. External dependency management

5. Incident response, cyber resilience and situational awareness.

It is a welcome step amd would spur the other Country's regulators to frame the cyber security guidelines at the earliest.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Latest posts from Mallik

India demonetizes High Denomination currency - Opportunity for FinTech companies

09 November 2016  |  2877 views  |  0 comments | recomends Recommends 0

Cyber Attacks on Banks

19 October 2016  |  4423 views  |  0 comments | recomends Recommends 0 TagsSecurity

Mallik's profile

job title Principal Consultant, Banking Technology
location Bangalore
member since 2016
Summary profile See full profile »
Principal consultant with JMR Infotech leading ITGC and banking transformation projects for Banks in MEA region.

Mallik's expertise

What Mallik reads
Mallik writes about
Mallik's blog archive
November 2016 (1)October 2016 (1)

Who's commenting on Mallik's posts