Certification Programmes in IT & Cyber Security for Bank Board Members

          Top Banking honchos will be visiting Hyderabad more often, specifically to attend programs at IDBRT.

          In line with Reserve Bank of India guidelines for Banks Directors to be more aware of IT and Cyber Security issues, IDBRT has unveiled a number of programs aimed at Bank Directors.  

Background :

The Reserve Bank of India has recently emphasised the need to enhance the management's awareness in banks, of the IT and Cyber Security issues in a systematic and structured manner and advised that they undergo awareness /certification programmes in this area.

Accordingly, the Institute for Development and Research In Banking Technology (IDRBT) announces twelve certification programmes from October to December 2018, as per the following schedule:

Certification Programmes in IT & Cyber Security for Board Members

OBJECTIVES

The objective of this programme is to enlighten the participants with the knowledge of cyber defence.

In turn, it will help banks to strengthen their cyber security posture.

The two-day programme aims to cover several aspects of cyber security and cyber forensics.

Exposure to relevant clauses of IT Acts will also help participants to understand their position in the techno-legal scenario that arises due to cyber-attacks.

The programme will strengthen the participants in cyber security.

They will be able to practice appropriate technologies and strategies to counter cyber threats

 Reserve Bank of India Notification No: RBI/2015-16/418 DBS.CO/CSITE/BC.11/33.01.001/2015-16 dt.June 2, 2016 on “Cyber Security Framework in Banks” is the primary reference document for this program.

Cyber Security Framework in Banks

          Over the two days program, participants will be guided through the basics of:

• Principles of Cyber Security --

• IT/Cyber Security Governance --

• IT/Cyber Risk --

• Cyber Risk Mitigation --

• Data Sensitivity/Privacy Issues --

• Cyber Security Operation Centre – Read here Reserve Bank of India guidelines for Setting up and Operationalising Cyber Security Operation Centre (C-SOC)

• Cyber Insurance – This is an emerging area both for bankers as well as Insurance professionals. The Cyber Insurance policies are usually tailor-made depending on the risks of each financial association. The inclusions and exclusions have to be understood for a balanced policy with the best premium.

• Internal Audit framework --

Participants Profiles: Board Members of Banks (including MD & CEO, and EDs). Independent Directors are also encouraged to participate in this program.

Program Duration : This two-day programme will be offered twice during October to Decemb’er 2018 on the following dates:

1. October 4 – 5, 2018

2. December 3 – 4, 2018

Batch size: Fifty Board Members per programme.

Assessment and Certification: The Assessment and Certification process would include Group Discussion, Presentations, Case Study, Online Quiz, etc.

On successful completion, participants would be awarded the “Certificate in IT and Cyber Security”.

The program fees can be remitted electronically through NEFT. This is a non-residential program

Additional Reading Material: Importance of strong Governance & Secure IT Operations for Urban Co-operative Banks to Remain Relevant

Additional Reading: Fraud Risk Management in Banks: The Do’s and Don’ts

On Business in Hyderabad? Where to Eat, Drink, and Extend Your Stay. The tech capital has upped its game in terms of great hotels and restaurants.