Author's Posts

IT Risk Management in Banks

Posted by: Harish Sudhamalal | December 04, 2012

Risk management is very critical to the functioning of banks. There are therefore several regulations and ordinances, such as Basel II and III, PCI-DSS and SOX to name a few, that address the enterprise risks that banks face on an ongoing basis. In addition, there are pre-built frameworks that can be deployed on several industry-leading risk and compliance platforms, including SAP, Archer and Oracle. But, what about IT infrastructure? How can banks ensure that risks to their IT infrastructure are contained and addressed?