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RA banks overlook IT security audit

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  • RA banks overlook IT security audit

    news.am, Armenia
    Feb 13 2010


    RA banks overlook IT security audit

    13:40 / 02/13/2010Each bank using computers has to conduct an IT
    audit, Belgian IT security auditor Alexis Hirschhorn told
    NEWS.am-Innovation, adding that IT audit in Armenian banks is still at
    a low level.

    `Regular financial audit is carried out in Armenian banks, however
    computers and financial software are not examined,' expert said.

    According to Hirschhorn, IT security audit gives possibility to assess
    security of systems, networks, physical information security and
    probable risks.

    `IT audit enables to define actuality of available decisions and cut
    expenses dramatically. In case of defects' detection more viable and
    optimal solutions will be offered,' stated Hirschhorn. He also added
    that banks planning the issuance of stocks should mandatory conduct IT
    audit.

    The expert noted that auditing allows to have a clear picture of the
    bank's information security level, emphasizing that not only equipment
    auditing is carried out. `Audit also includes physical security of
    servers, and listing of people having access to server room. In
    addition, sensitivity level provided by the bank employees is
    assessed,' said Hirschhorn, stressing that sometimes employees put the
    passwords on a piece of paper and post it on a keyboard in order not
    to forget.

    `Audit is a team work and we intend to cooperate with bankers,'
    Belgian specialist stated, expressing hope that Armenian banks will
    put a greater emphasis on IT security audit.

    A.G.
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