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Credits: DhakaTribune

Bangladesh Institute of Bank Management conducted the survey on 27 commercial banks–20 private, two state-owned, two specialised and three foreign banks.

At present, 80% banks in the country do not have enough skilled and efficient manpower to face any such as cyber attack, fire in their data centre, according to a research report of Bangladesh Institute of Bank Management (BIMB).

Associate Professor of BIBM Sihab Uddin Khan presented the report at a workshop ‘Disaster Recovery Management in Online Banks: Challenge and Remedial Measures’ at BIBM auditorium in Dhaka’s Mirpur on Thursday.

Deputy Governor of Bangladesh Bank (BB) Abu Hena Mohammad Razee Hassan attended it as the chief guest while BIBM’s acting Director General Dr Shah Md Ahsan Habib presided over the event.

BIBM conducted the survey on 27 commercial banks–20 private, two state-owned, two specialised and three foreign banks.

The report said online banking is increasingly becoming popular but there are 11 challenges in managing the disaster or accident in online banking.

There is lack of skilled manpower and coordination between general banking section and ICT section in 80% banks, it said, adding that 54% banks have shortage of fund for data disaster management.

BB deputy governor Abu Hena Mohammad Razee Hassan said banks must have alternative system to face any accident in online banking.
BB has already prepared a guideline which will have to be implemented properly to protect the interest of the clients of banks, he added.

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