A total of 52% banks in the country are at high risk of cyber security, said Bangladesh Institute of Bank Management in its study. Of the banks, 16% are at a very high risk and 36% at high risk. Cyber security has become the country’s most-talked-about issue in the recent time, especially after Bangladesh Bank lost $81 million from its reserves to international hackers last year. 32% banks reported that they are under moderate risks whereas 12% and 4% banks are low and very low risks respectively.”Deputy Governor of Bangladesh Bank Abu Hena Mohd Razee Hassan while inaugurating the workshop said: “Though the banks are using different costly foreign software, they are not free from information security risk. If, all the Bangladeshi banks use the same software, it would lessen both cyber security risk and financial loss.”He said some banks are at cyber security risk as their budget for IT security as well as operation system are poor.

Source: Dhaka Tribune May 04, 2017 18:45 UTC