IT Risk and Cyber Security Initiatives – Kerala Gramin Bank
Enhanced Cybersecurity and Data Protection Measures
Problem
- Increasing risks from DDoS attacks, phishing, and malware that threaten the security and continuity of banking services.
- Insufficient measures to protect sensitive customer data from unauthorized access and breaches.
- Difficulty in meeting evolving data protection laws and maintaining regulatory standards.
- Lack of effective systems for patch management and incident response.
- Insufficient efforts to educate customers about cyber risks and best practices.
Solution
- Acquired Anti-DDoS services and 24/7 threat monitoring, along with Network Access Control (NAC) and threat monitoring systems.
- Established comprehensive cybersecurity policies, including data encryption, access controls, and secure web gateways.
- Installed next-generation network firewalls, conducted secure coding practices, and performed vulnerability assessments.
- Utilized centralized patch management, integrated incident management tools, and ran customer awareness campaigns on cyber risks.
- Updated security policies for regulatory compliance and implemented advanced Level 4 security measures
Outcomes
- Improved threat detection and mitigation through SIEM, PIM, and WAF, reducing cyber incident risks.’
- Ensured data confidentiality and integrity with encryption and TLS/SSL protocols.
- Minimized unauthorized access with two-factor authentication and Active Directory controls.
- Maintained service availability and customer trust with Anti-DDoS services and continuous monitoring.
- Achieved compliance with evolving data protection regulations through regular policy updates.
SKOCH Award Nominee
Category: Technology
Sub-Category: Technology
Project:IT Risk and Cyber Security Initiatives
Start Date: 01-04-2023
Organisation: Kerala Gramin Bank
Respondent: Mr Ragesh T V
https://keralagbank.com/
Level: BFSI 1
Video
Gallery
For more information, please contact:
Mr Ragesh T V at itwing.kgb@keralagbank.com
(The content on the page is provided by the Exhibitor)