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



For more information, please contact:
Mr Ragesh T V at itwing.kgb@keralagbank.com


(The content on the page is provided by the Exhibitor)

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