© 2009 IDBI Intech, Inc. All rights reserved.IDBI Intech Confidential 1 Information (Data) Security & Risk Mitigation

© 2009 IDBI Intech, Inc. All rights reserved.IDBI Intech Confidential 2 IT Act 2000 Amendment (Sec 43 A)  Corporate Bodies like Banks handling sensitive personal data to implement and practice reasonable security practices and procedures.  Damages by way of compensation to person affected without any upper limit.

© 2009 IDBI Intech, Inc. All rights reserved.IDBI Intech Confidential 3 Information Security- Myths Passwords are enough to secure our business Data backups are enough Why plan for BCP ? Information Security is responsibility of IT… Our existing Security controls are adequate to prevent any information loss

© 2009 IDBI Intech, Inc. All rights reserved.IDBI Intech Confidential 4 Information Security- Reality  Critical data is accessible to others because I have left my PC/terminal unattended  Worm infecting my machine can bring down the entire network  My account is used to commit fraud because my password is weak /shared

© 2009 IDBI Intech, Inc. All rights reserved.IDBI Intech Confidential 5 Why Information Security?  Confidentiality, Integrity, Availability  People are the weakest link in Information Security  To know Security Responsibilities  To know Information Security Risks associated with their job responsibilities  Adherence to the Organizational security policies

© 2009 IDBI Intech, Inc. All rights reserved.IDBI Intech Confidential 6 Information Security Risks  Online Frauds  Hacking Attacks  Phishing / Vishing Attacks  Spam  Data Theft  Insecure Business Applications  Malware / Spyware  Virus / Worm / Trojan Attacks  Denial of Service (DOS) Attacks  Lack of User Awareness

© 2009 IDBI Intech, Inc. All rights reserved.IDBI Intech Confidential 7 Risk Mitigation Measures  Infrastructure Set up DR Site DR Drills Updated BCP  Critical Applications High Availability Clusters/Multiple Servers Application Security Testing Parameter Fine Tuning Hardened Operating Systems Strong Physical Security/Surveillance Camera/Biometric Access

© 2009 IDBI Intech, Inc. All rights reserved.IDBI Intech Confidential 8 Risk Mitigation Measures  Delivery Channels Secured Indirect Access to CBS Independent Systems Encrypted Data Exchange across systems Multiple Authentication  Outsourced Services Drafting and Monitoring of SLAs Non Disclosure Clauses Review and Monitoring of Reports and Outputs Third Party Employee Background Checks

© 2009 IDBI Intech, Inc. All rights reserved.IDBI Intech Confidential 9 Risk Mitigation Measures  Users Need to know basis Periodic Review of Access rights Strong Authentications Awareness Training  Networks Intrusion Detection/Prevention Systems Internal and External Firewalls Periodic Penetration Testing 24x7 Cyber Policing/Monitoring Attacks Virus/Worm/Malware/Spyware Protection Regular Security Updates – IPS/IDS, Anti-Virus

© 2009 IDBI Intech, Inc. All rights reserved.IDBI Intech Confidential 10 Information Security Practices  Information Security Management System  Information Security Policy & Procedures  Continuous Risk Assessment  Information Security Incident Management  Business Continuity/Disaster Recovery Plans  Information Systems Audit  Network Security Audit  Application Security Testing  Vulnerability Assessment/Penetration Testing  Security Operations Centre (SOC)/Cyber Policing Control Room  Awareness Trainings

© 2009 IDBI Intech, Inc. All rights reserved.IDBI Intech Confidential 11 Thank You