Finance & Banking , Industry Specific , Next-Generation Technologies & Secure Development

Why Banks Need to Invest in Monitoring

Security Head of Modhumoti Bank in Bangladesh Discusses Tech Investment Priorities
Why Banks Need to Invest in Monitoring

Enterprises in Bangladesh need to invest more in monitoring capabilities because that is how they will be able to understand the threats coming in their systems, says Pallab Goswami, first assistant, vice president, ICT security, governance and compliance, at Modhumoti Bank Ltd.

"Banks in Bangladesh have invested a lot in information security technologies, but when it comes to monitoring capabilities, we need to do a lot more," Goswami says in an interview with Information Security Media Group.

Goswami says monitoring is a proactive approach toward cybersecurity rather than a reactive one.

In this interview (see audio link below photo), Goswami also discusses:

  • Why "zero trust"and SASE have proven useful;
  • The security tools banks should acquire;
  • Important security lessons from 2020.

At Modhumoti Bank, Goswami is responsible for designing and developing security architecture and implementing access controls, data loss prevention and fraud prevention. Previously, he was information security manager at Meghna Bank.

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