Banking & Financial Service enterprises have always been at the forefront of leveraging advanced technology to optimize their business processes and operations. But stringent compliance and security issues are a constant concern for these organizations that value confidentiality, availability and integrity. Birlasoft, with extensive functional domain experience in the BFSI industry, provides comprehensive Information Security services that lay emphasis on the safety of information systems from internal and external threats. To ensure integrity of data, Birlasoft provides a systematic approach that assures adequate security controls.
Client Challenges
With technology playing a major operational role in banking and financial service organizations, there is greater vulnerability to security threats. The major challenges for these organizations are:
- Safeguarding information systems vital to operations
- Increasing external security threats in the form of terrorism, sabotage, extortion, industrial espionage, hacking, etc.
- Internal threats of improper disclosure, privacy violation, fraud, embezzlement, etc.
- Service disruptions due to natural disasters, IT systems failures, human errors, etc.
What Birlasoft Provides
To ensure confidentiality, integrity and availability of vital corporate and customer information, Birlasoft leverages the Information Security Management System (ISMS). To enable implementation of the ISMS, we:
- Design and develop the IT Security Charter, which illustrates the roles & responsibilities in the Security Organization Structure as well as the ISMS scope
- Design and develop the Information Security manual
- Document risk mitigation and assessment with a focus on information security
- Coordinate with certifying agencies for ISO 27001:2005 certification
- Create implementation plans for controls in ISMS and guide organizations through the implementation process
Business Value
Organizations can attain numerous operational benefits, as well as, security enhancements from Birlasoft's Information Security solutions, including:
- Improved corporate governance and assurance to all stake holders - partners, shareholders and customers
- Reduced likelihood of information misuse / security deviations
- Assured reliability of Information and Information systems
- Compliance to Industry Standard regulations and statutory requirements
- Independent verification of organizational risks with proper identification, assessment and management, while formalizing information security processes, procedures and documentation