Evaluation of ICT Security Implementation in Banks: Bangladesh Perspective

Abstract

Nowadays, banks are the foundation of a strong economy in any country, whereas information and communication technology (ICT) has become the heart of any bank. As a result, one of the major challenges has become ensuring the security of the banks. Whenever ICT security comes up, the foremost thing that needs to be considered is” PAM, PCI DSS, SIEM, and ICT risk management,” which measures are improving immensely day by day. Under the ICT security guidelines of Bangladesh Bank, all banks are implementing many security measures to ensure ICT security standards. This paper mainly emphasis on the implementation of ICT security measures such as PAM, PCI DSS, SIEM, and ICT risk management through surveys from different banks. It also focuses on the challenges and future prospects of ICT security measures