Cybercrime has plagued the global banking system over the last few years. The amount of money being taken in cyber-heists, in both banking and elsewhere, has reached staggering levels. Last year, the theft of $81 million in February 2016 from Bangladesh’s central bank using SWIFT messages rocked the banking industry. Recently on October 2017, hackers managed to pinch $60m from the Far Eastern International Bank in Taiwan by infiltrating malware in the system and gain control over the SWIFT access. Reserve Bank of India (RBI) reported 16,468 instances of financial cybercrime in 2015-16.
Like other Global Banking Industry, Nepalese Banking Industry has recently witnessed its vulnerability with recent cyber heists. Therefore, strengthening security guideline and cyber security posture and revamping their security practices has been of paramount importance to banking industry.
In order to make professional aware, explore mitigant and intervene control mechanism from the policy level, NBI proudly announces Cyber Security Conference with participation from local as well as international speakers