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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p>
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include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p>
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September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. The central bank has also instructed BFIs to audit their information technology system.
Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.
The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.
The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.
NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.
The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.
Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs.
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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[main] - APP/webroot/index.php, line 117
file not found!
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. The central bank has also instructed BFIs to audit their information technology system.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p>
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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include - APP/View/Articles/view.ctp, line 391
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
