Cyber security has transformed from a technical issue to a banking business risk of critical nature, impacting financial assets, business continuity and trust and reputation.
In this background, CAFRAL and ReBIT have joined hands to a Business Leaders’ Forum (BLF) - platform for continuous dialogue on Cyber Security amongst the key stakeholders. The main purpose of this initiative is to sensitise and create awareness at the level of Top Management & Boards of banks and through them improve the internal threat mitigation policies and processes.
This forum is envisaged to work at the decision-making level, over and above other forums or collaboration that may exist at the level of the Chief Information Security Officer (CISO), etc. The Forum will work on continuing basis and meet at periodical intervals.
BLF is structured to focus on three key aspects in cyber security preparedness:
1. Situational awareness through discussions on compliance, governance, regulatory requirements and cyber security case studies
2. Programs and initiatives for mitigation strategies that can be implemented
3. Good practices in crafting an optimal response
Shri. N. S. Vishwanathan, Deputy Governor, will be delivering the key note address