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Sunday, January 21, 2018

Bank of Moscow implements new risk management system

A new project aimed at creating an information risk management system -SURIB - for the Bank of Moscow has been completed as of Feb. 17.

The system was created by Informzashchita to identify information security risks in various categories and to determine risk reduction steps and evaluate their effectiveness.

SURIB was created using Bank of Russia's security standards and was adapted to satisfy the current needs of the Bank of Moscow.

To create SURIB, Informzashchita collected data on the bank's information infrastructure. It also looked at information security incidents from the last five years. The research analyzed data form 100 divisions of the bank and 50 information systems. Research included the use of 1,000 types of file resources and paper documents.

The research identified seven information systems with a maximum risk factor, Lev Fisenko, the financial institutions department director for Informzashchita, said.