Page 17 - ASR_Forewords
P. 17

Foreword
        Early Warning System





                E areinthe ageofany meanywhere
        Wbanking. Technology innova on has moved
        banking to desktops, laptops, tablets and mobiles.
        Thecustomerhasgrabbedbankingintoherpalm.

        Yet, she has issues with the new era digital banking
        because of the increasing trend in failed or
        fraudulenttransac ons.Afewoftherecentincidents
        in the banking sector have shaken her confidence.
        Banks have suffered financial losses on a few
        occasions, but their reputa on loss is a ma er of
        greater concern. The trust the customers need to
        have in banks for parking with their hard earned
        fundsiscri calforbanking.A erall,bankingisbased
        ontrust.

        It is the responsibility of the banks to put in place all  ISOC for banks. During interac on with the
        necessary infrastructure and systems to ensure that   concerned employees of banks, a need was felt to
        digital banking is safe and secure. They have to      bringoutaHandbookonISOCtohelpbanks.
        ensure confiden ality, integrity and availability, the
        threekeyrequirementsofsecuredbanking.                 Accordingly, IDRBT with the ac ve par cipa on of
                                                              banks and solu on providers, prepared the current
        Banks have been working on security solu ons at       Handbook on ISOC. It presents in detail the steps to
        various levels. In order to put all such solu ons     be taken during conceiving, designing, building,
        together and to build a system that not only          maintaining and managing various phases of ISOC. It
        integrates the best features of the solu ons but also  is expected that all security prac  oners in banks
        a super structure that iden fies abnormali es early    would benefit from the handbook in every stage of
        and alerts stakeholders immediately, banks have       ISOCimplementa on.
        started working on Informa on Security Opera on
        Centers(ISOCs).                                       As the general principles and prac ces of security are
                                                              common among several organisa ons, the
        Though there has been considerable work done by       handbook may be useful not only to banks but also to
        academicians, security solu on providers and banks    financialins tu onsandotherorganiza ons.
        in the realm of ISOC, there are s ll several issues and
        concerns at the stage of implementa on of ISOC.       The team that worked on the handbook deserve best
        IDRBT has been organizing training programmes on      compliments.







        Date: September 01, 2017                                                         (Dr. A. S. Ramasastri)
        Place: Hyderabad                                                                       Director, IDRBT





        Handbook on Information Security Operations Center                                                    01
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