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BRAC Bank sets up first ever Cyber Fusion Centre in Bangladesh

BRAC Bank has established the first ever Cyber Fusion Centre (CFC) in the country’s banking sector to ensure cybersecurity, a press release said Sunday.

The bank now can ensure 24/7 cyber vigilance and make its systems and IT infrastructure impregnable to the fraudsters.

The centre equipped with most modern devices, has been modelled to fight against all cybersecurity threats. The initiative bears testimony to the bank’s commitment to safeguarding the information and interests of its customers.

This is the institution where customer information is safe and secured, leaving no vulnerability to data theft and loss.

When data theft incidents and repeated breach attempts by fraudsters globally have increased, and BRAC Bank wants to protect its customers at all costs.

The Bank has undergone a rapid digital transformation over the years, deploying several technology-enabled banking solutions from core banking to card management, app and internet-based banking and many more. The centre will be the driver of change for building resilience through security integration and collective defence.

Managing Director and CEO Selim R. F. Hussain of the bank said, “Keeping customer information safe is of our utmost priority. This is vital to assure our customers that their assets are in safe hands.”

Head of Information Security B. M. Zahid-Ul Haque commented: “Cybersecurity is a journey. This next-generation intelligent security operations center integrates multiple activities into one functional area, like threat Intelligence, analytics, threat detection, Incident response, governance & compliance, threat hunting etc.” 

In its continued pursuit of safety and security this bank achieved PCI-DSS certification for data security in 2021, ISO 27001:2013 accreditation for Information Security Management function in 2017 and ISO 18788 certification for Security Operations & Cyber Fusion Centre in 2020 as the first bank in the country.

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