Most of the ICT safety precautions taken by the Finance industry in Sri Lanka are just to be in line with the Base Line Security Standards laid down by Central Bank of Sri Lanka. Whereas with the advent of dangerous malware, ransomware, phishing attacks and viruses, Sri Lankan Finance sector is potentially vulnerable.

Network Access Control mechanisms, Privilege Access Management systems, as well as fully blown cybersecurity platforms, would be needed to address the present day threats. The mobile-based banking applications are even more vulnerable than ever before whereas these applications can be secured during the time of development as well to ensure they adhere to certain security standards which will ensure that the applications are secure from vulnerabilities which could be easily exploited.

Our solutions will ensure hardware-independent network visibility, network automation, orchestration, as well as safe and secure network within all systems. Our solutions can also address erroneous, purposeful or ignorant transmission of data to unintended parties by way of emails or data transfers of a financial institution’s integral financial information of customers.

We also can help the Sri Lankan financial sector to comply with the upcoming GDPR in May 2018, apart from the various other internationally recognized standards compliance requirements such as ISO 27001, PCIDSS which affects all payment card industries, HIPAA, OWASP, and PSD2.

With the threats faced by the Global Banking and Finance Sector, Sri Lanka is an easy target for the prying eyes.

In addition to this with the technologies deployed by Exire Technologies, its easier for the financial sector to establish branch networks in an easy manner. For instance, setting up a branch’s ICT infrastructure will be much easier than previous times as the technologies could orchestrate and automate all ICT infrastructure from a remote location. Its simple as copy and paste a branch ICT infrastructure from another branches ICT infrastructure so the time taken to deploy is faster hence saving time, money and resources.

Exire Technologies along with its global partners in cyber security can help the Financial Sector in Sri Lanka to strengthen their ICT infrastructure to be stronger and more secure.