Assume that you have been hired by a bank to harden their defenses. The step are: Determine the types of information a bank has that needs to be protected. Rank the types of information that you have identified from most to least critical and briefly state why they received that ranking. What would you suggest to the bank as ways to protect the online information or mitigate the damage if the information is compromised? What would you suggest to the bank as ways to protect against physical intrusion by robbers or people trying to compromise computer systems?
Q). Assume that you have been hired by a bank to harden their defenses. The step are: Determine the types of information a bank has that needs to be protected. Rank the types of information that you have identified from most to least critical and briefly state why they received that ranking. What would you suggest to the bank as ways to protect the online information or mitigate the damage if the information is compromised? What would you suggest to the bank as ways to protect against physical intrusion by robbers or people trying to compromise computer systems?
Ans: - Banks needs to protect their information and harden their security defences. That’s why they hire Cyber Security Analyst or Specialist to protect bank from cyber-attacks. Banks should have strong security system so that they can protect from different security threats. Every individual account in the bank should remain secure and protected.The defence mechanism of the banks should protect it from hacking attacks. If there is any vulnerability in the defence mechanism it can be a threat to the banks. Cyber Security analyst is responsible for finding those vulnerabilities and fix these vulnerabilities.
Types of information that bank needs to protect: -
Software Information: Bank needs to protect their softwares from any unauthorized access. Because the information of every individual is stored in a database of the bank’s softwares or website. So it is needed to be protected from different cyber-attacks. If there is any vulnerabilities in the system software that needs to be identified and fixed by the security analyst.
Admin: - Admin information is critical. For e.g. If a hacker gets access to the login credentials of a bank manager than it can be threat to the Banks.
Flow of information: - There should be flexible flow of information. It means different members should have user level access to the bank’s systems. For eg. Bank users can open an account in bank, deposit money, withdraw money and FD etc.
Technical security controls: - Technology security controls of the bank systems should be protected. Firewalls can be used to protect the bank’s confidential information.
Environmental security: - There should be strong and protected security environment so that hackers could not get unauthorized access to bank’s sytems.
Every single piece of information is confidential it needs to be properly secured by the banks. There is no need of the prioritization of the data or information.
But Admin’s information can be most important that his login credentials should not be known by the hackers or any other members of the bank.
Then user information is also a very important factor. User can never share their Credit or Debit car information with others no matter how close and familiar that person is.
A security analyst of the bank should continuously work to improve the bank’s defense mechanism. The online information should not be exposed at any cost. OTP authentication method is used to protect the online transaction but this can also be bypassed. There should be 2-Factor authentication for making transactions more secure. Security Firewalls can be used to make systems secure.
Physical security should be more effective which can protect the physical money in the banks.
Assume that you have been hired by a bank to harden their defenses. The step are:...
Assume that you have been hired by a bank to harden their defenses. The step are: Determine the types of information a bank has that needs to be protected. Rank the types of information that you have identified from most to least critical and briefly state why they received that ranking. What would you suggest to the bank as ways to protect the online information or mitigate the damage if the information is compromised? What would you suggest to the bank as ways to...
Assume that you have been hired by a bank to harden their defenses. The step are: Determine the types of information a bank has that needs to be protected. Rank the types of information that you have identified from most to least critical and briefly state why they received that ranking. What would you suggest to the bank as ways to protect the online information or mitigate the damage if the information is compromised? What would you suggest to the...
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