With rapid advances in Information Technology (IT), institutions engaged in the financial services sector have actively begun to utilize systems using open networks as typified by the Internet. IS or IT Audit is “the process of collecting and evaluating evidence to determine whether a computer system safeguards assets, maintains data integrity, allows organizational goals to be achieved effectively and uses resources efficiently.”
Vulnerabilities in the Bank’s Information System Include:
- Improper system/network design.
- Programming errors, weak or inadequate physical/logical access controls.
- Absence of or poorly designed procedural controls.
- Lack of backup/contingency procedures.
- Ineffective employee supervision, and management controls.
- Lack of awareness among employees etc.
Financial threats are still profitable for cyber criminals and therefore continue to be an enduring part of the threat landscape. From financial malwares that attack online banking, to attacks against ATMs and fraudulent interbank transactions, there are many different attack vectors utilized by criminals. Most of the banks or financial institutions operate with the use of technology, including the Internet. Without good cyber security measures in place, your bank’s sensitive data could be at risk. Here are some biggest threats to a bank’s cyber security :
- Mobile Banking Risks
- Social Networks and Web 2.0
- Malware, Trojan, Botnets, and DDoS Attacks
- ACH Fraud: Corporate Account Takeover
- Inside Attacks
- First-Party Fraud
- Unencrypted Data
- Third Party Services that aren’t Secure
- Data Breaches
What We Deliver ?
Xiarch offers the Information Security (IS) audit service specifically addressing the PCI requirements towards Information System (IS) Audits. To ensure compliance with the PCI IS Audit guidelines, our process incorporates the scoping guidelines from PCI.
Our experts will furnish an itemized security evaluation report with legitimate remediation steps to be taken.
Distinguish Security Weaknesses inside your Digital Asset permitting you to proactively remediate any issues that emerge and improve your security act.
Constantly updating Vulnerability Information to stay in touch with the emerging threat landscape.
Receive overview and trend data of all of the current security issues you face in your organisation. All viewable on an Digital Report.
We also assured you that your assessments are executed by Qualified Experts.
Our group of security specialists holds industry capabilities, for example, CHECK Team Member and Team Leader, CEH, ECSA, OSCP, CISA, CISSP, and many more.
Why Xiarch ?
Xiarch is a CERT-IN Empanelled & ISO 9001:2015 | ISO 27001-2013 Licensed Cyber Security Company and IT Services Company with solutions providers in Information Security like VAPT Services, Penetration Testing Services, Vulnerability Assessment Services, Among our consumers we proudly work for Government Organizations, Fortune one thousand Companies and countless start-up companies. We are additionally Value Added Partners, Authorized Re-sellers & Distributor of Leading Web Application Security Testing Tools.
We are headquartered in Delhi and have branch presence in Gurugram, Mumbai and Chennai - India
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Test the effectiveness of your own security controls before malicious parties do it for you. Our security experts are here to help — schedule a call today.
Xiarch Security is an global security firm that educates clients, identifies security risks, informs intelligent business decisions, and enables you to reduce your attack surface digitally, physically and socially.
Certified Security Experts
Our security experts are exceptionally qualified and confirmed by CEH, ECSA, OSCP, CISA, CISSP, and numerous others.
Communication & Collaboration
After surveying the code our specialists shared the best answers to correct them. Our experts will communicate with you for any further implementations.
We hold industry-leading certifications and dedicate part of every day to research the latest exploit techniques to ensure our clients remain protected from evolving online attacks.
Free Remediation Testing
Once your team addresses remediation recommendations, Xiarch will schedule your retest at no additional charge.