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The Bangladesh Bank (BB) has asked commercial banks for taking adequate measures to stop unauthorised access of information, modification, disclosure and destruction to protect the customers' interest.
The central bank issued a guideline on information and communication technology for banks Tuesday and directed the chief executives of all scheduled banks to follow the guideline and implement all security standards by May 15, 2006.
The BB has already sent the guideline through CD-ROM will be the base to develop bank's own IT policy and security standards, official sources said.
Besides, the central bank asked the banks to submit a compliance report to the Banking Regulation and Policy Department (BRPD).
The central bank will monitor the progress of implementation of these security standards through routine inspection.
Sources, however, said the guideline was prepared by focus group with participation from the nationalised commercial banks (NCBs), private commercial banks (PCBs) and foreign banks and the BB's officials.
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