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Cybersecurity summit on banking sector kicks off

TBP Desk
13 Jun 2022 00:00:00 | Update: 13 Jun 2022 00:55:08
Cybersecurity summit on banking sector kicks off
Bangladesh Bank Governor Fazle Kabir inaugurates the Cybersecurity Summit at Pan Pacific Sonargaon on Sunday – Courtesy Photo

The first-ever cybersecurity summit in the banking sector in Bangladesh has kicked off in the capital with over 200 participants from more than 50 banks.

Association of Bankers, Bangladesh Limited (ABB) organized this two-day summit titled ‘Building Cyber Resilience for Banks’ to make the bankers cyber conscious and be more prepared for the future, says a statement.

Bangladesh Bank Governor Fazle Kabir inaugurated the summit as the chief guest at Pan Pacific Sonargaon on Sunday.

Bangladesh Bank Executive Director Debdulal Roy, ABB Chairman and BRAC Bank MD and CEO Selim R.F. Hussain, ABB Vice-Chairman and Sonali Bank MD and CEO Md. Ataur Rahman Prodhan, ABB Vice-Chairman and EXIM Bank MD and CEO Dr. Mohammed Haider Ali Miah, and ABB Secretary-General and Standard Bank MD and CEO Khondoker Rashed Maqsood were also present at the event.

As the banks continue to embrace a digital reality for ensuring a more professional customer experience, integrated cybersecurity has emerged as part and parcel of everyday banking operations. More than 200 participants from the banking industry, including MDs, CEOs, COOs, CTOs, CIOs and CISOs, are participating in the summit.

On the first day of the summit on June 12, 2022, Amol Bhat, Partner, PwC, presented the keynote paper on ‘Cybersecurity Trends 2022 - A Small Insight into What Will Threaten Us’; Md. Mahbubur Rahman Alam, Associate Professor, BIBM on ‘Cybersecurity Landscape of Banking in Bangladesh and recommendations’; Md. Muiz Tasnim Taqui, VP, Ernst and Young LLP on ‘Rethinking Cybersecurity Actions for CEOs in Today’s Digital Age’; Debdulal Roy, Executive Director, Bangladesh Bank, on ‘Cyber Security regulatory perspective’; and Stree Naidu, SVP and GM, Anomali presented a case study on ‘Cyberthreat Intelligence: Collaboration between banks’.

Maruf Ahmed, President, Information Systems Security Association (ISSA), Bangladesh Chapter, presented ‘Thought leadership - Cybersecurity at board level’; Vikas Garg, Partner, Deloitte Touche Tohmatsu India LLP, on ‘Developing Cybersecurity Framework’; and Balaji Raw, Country Manager, India and SAARC, Mandiant, on ‘Establishing Cyber Security for Banking Resilience’.

There was a CEO Panel Discussion on ‘Modernizing banking cyber security approach’ where Dutch Bangla Bank MD and CEO Abul Kashem Md. Shirin, Islami Bank Bangladesh MD and CEO Mohammed Monirul Moula, and Meghna Bank MD and CEO Sohail R. K Hussain participated as the panellists.

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