“Cyber Risk for Banks & Approaches to strength the cyber security system”

Abstract

The Internship program creates the opportunities to gain the practical knowledge from different corporations. This program also gives the scope to learn the corporate environment and helps to work on technical things. I worked three month period in Shahjalal Islami Bank Ltd. as an intern to complete my report. I worked there in General Banking division (GB) where I work for opening new account. The main concern of my report is how Shahjalal Islami Bank handles their cyber risk and security system. I describe my in report how Shahjalal Islami Bank Ltd. cope with that scenario. I made this report based on seven chapters. In the 1st chapter I discussed about Company overview where I include company history, product & services, mission, vision, strategy, motto and company organoram. In 2nd chapter I discussed about the cyber risk and security and types of cyber security and safeguard software, importance of cyber security, emerging threat for digital world and losses make from cyber attack. In 3rd chapter I discussed the vulnerability of cyber risk of Bangladesh. And discuss some guideline from Bangladesh Bank and a case study. In 4th chapter I discussed the cyber risk and security system of Shahjalal Islami Bank. Here I explain which area increases the risk and how they can protect these. In 5th chapter I describe how Bangladesh and first world countries handle the cyber risk. In chapter 6 I make SWOT analysis and find the major problems in SJIBL. In chapter 7 I recommend some important things for the SJIBL and make a conclusions.