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