Poging GOUD - Vrij

Emphasizing cybersecurity for digital transformation

Banking Frontiers

|

July 2021

Response from IT companies has definitely changed in many ways during the pandemic times

- mehul

Emphasizing cybersecurity for digital transformation

Vitthal Dhanani reveals that Varachha Urban Cooperative has onboarded vendors for ATM e-surveillance, SIEM and SOC

Technology has always remained a priority at Varachha Urban Cooperative Bank, ever since the Surat-based bank became one of the firsts to introduce IT for its operations so that its progressive customers could derive benefits. And in implementing IT-related projects, information security has been one of its focus areas. Says Vitthal Dhanani, CEO of the bank: “To create awareness and educate our customers about information security, we regularly make use of social media platforms, send emails and SMSes with security tips, especially during festivals. Moreover, we keep fresh content on our website and promote new and existing products on social media networks regularly. We also keep our employees updated on various aspects of information security and also undertake periodic training sessions through webinars. Recently, we had come out with a book, titled ‘Digital Banking & Cyber Security Awareness’ mainly to create awareness among customers and employees. Post pandemic, we have started using digital marketing as much as possible. Every weekend we are marketing one product, which is invariably put on all mediums like website, WhatsApp, social media network etc. Also, we have been spreading customer awareness about cybercrime using the same mediums.”

TESTING CHALLENGES

MEER VERHALEN VAN Banking Frontiers

Banking Frontiers

Enhanced use of AI ensures optimal growth for banks

A recent Accenture study underlines the need for enterprises to go beyond the implementation of Al-based chatbots and make AI a part of their strategic bets:

time to read

4 mins

September 2025

Banking Frontiers

Banking Frontiers

State Bank of India for New Branch Channel

For the Finnoviti 2025 Awards, State Bank of India filed a nomination for its largest CBS transformation program.

time to read

1 mins

September 2025

Banking Frontiers

Banking Frontiers

It's imperative for banks to use PETS

A recent report by a global consultancy strongly recommends that Indian banks should make use of PETs, or Privacy-Enhancing Technologies:

time to read

3 mins

September 2025

Banking Frontiers

Banking Frontiers

Aaya hoon toh kuch leke jaunga

Two things unlearned in 2024: Unlearning can be one of the most challenging aspects of life because what we've learned often stays with us. (i) However, one of the most important things I've unlearned is taking my health for granted. After facing significant health challenges, I've made a conscious effort to prioritize my well-being and gradually detoxify my lifestyle. (ii) Another key realization for me has been that there’s no age limit to learning. When I took on the role of CEO at ITI Mutual Fund, I had to step into a new world filled with fresh responsibilities and learning opportunities. As the saying goes, 'with great power comes great responsibility,' and I believe that to lead effectively, one must be committed to continuous learning and personal growth.

time to read

5 mins

September 2025

Banking Frontiers

Banking Frontiers

Bank of Baroda for use of IT to accelerate Competence, Commitment & Culture

For the Finnoviti 2025 Awards, Bank of Baroda filed a nomination for use of IT to accelerate HR objectives.

time to read

1 mins

September 2025

Banking Frontiers

Airtel Payments Bank for Face Match

For the Finnoviti 2025 Awards, Airtel Payments Bank filed a nomination for AI/ML based face match for proactive fraud prevention.

time to read

1 mins

September 2025

Banking Frontiers

Banking Frontiers

Canara Bank for Junior Savings Account

For the Finnoviti 2025 Awards, Canara Bank filed a nomination for its youth oriented junior savings account.

time to read

2 mins

September 2025

Banking Frontiers

Banking Frontiers

HDFC Bank for Vigil Aunty Concept and Camapign

For the Finnoviti 2025 Awards, HDFC Bank filed a nomination for cyber fraud awareness & secure banking education.

time to read

2 mins

September 2025

Banking Frontiers

Banking Frontiers

CMO's Festive Playbook: Schemes, Campaigns & AI

The annual festive season opens new doors for banks. MVS Murthy, Chief Marketing Officer at Federal Bank and Sujit Shakya, Sr. Dy. CEO at Nabil Bank, reveal their playbook for the 2025 festive season:

time to read

4 mins

September 2025

Banking Frontiers

Banking Frontiers

State Bank of India for MPLADS e-Sakshi App

For the Finnoviti 2025 Awards, State Bank of India filed a nomination for its MPLADS e-Sakshi App.

time to read

1 min

September 2025

Translate

Share

-
+

Change font size