Regulatory Alerts2016-09-07
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BRPD Circular Letter No. 13: Precautionary Measures to Ensure Safety of Banks' Business Centers
The Banking Regulation and Policy Department of Bangladesh Bank directs all scheduled banks to strengthen the physical and cyber security of their business centers, including head offices, branch offices, and ATM booths, during the upcoming Eid-ul-Azha holidays. This directive is issued in response to extended government holidays and increased cybercrime risks, with banks instructed to implement necessary precautions and, if required, arrange for supervisory monitoring by bank directors.
Banking Regulation and Policy Department Bangladesh Bank Head Office Dhaka.
BRPD Circular Letter No. 13 23 Bhadro 1423 Date: ----------------- 7 September 2016
Managing Director / Chief Executive All Scheduled Banks operating in Bangladesh.
Dear Sir,
Regarding precautionary measures to ensure the safety of banks' business centers.
We draw your attention to the guidelines issued through BRPD Circular No. 07, dated 5 July 2015, regarding the assurance of security in banks' branches, and BRPD Circular No. 09, dated 17 September 2015, regarding the more effective and productive handling of IT-related risks.
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In view of the extended government holidays this year on the occasion of the upcoming Eid-ul-Azha, there is a need to strengthen security measures. Specifically, it is necessary to further strengthen the security of business centers of banks and companies to prevent any kind of undesirable incidents and in light of the increasing propensity for cybercrime.
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In this regard, you are hereby directed to ensure the cyber security as well as general security of the bank's head office, branch offices, ATM booths, etc., during the holidays declared for the upcoming Eid-ul-Azha. In this regard, banks may arrange for supervisory monitoring by bank directors if necessary.
Yours faithfully,
(Abu Farah Md. Nasir) General Manager Phone: 9530252 Dnbnr: B.R.P.D.C.M.N
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