Meeting RMiT Requirements with Netwrix Change Tracker

In common with other financial markets around the world, the Bank Negara Malaysia has taken a lead in defin- ing a stringent security controls framework for Malaysian financial institutions. Sustained, APT attacks on the banking industry such as the Carbanak hack shook the banking world. This coordinated and sophisticated attack really was a wake-up call to banks that cyber-crime was becoming more organized and effective. Carbanak not only resulted in core banking systems being infiltrated allowing fraudulent electronic fund transfers to be used, but ATM systems were also hacked to allow cash to be stolen directly.

The RMiT provides clear guidance for minimum expected standards in cyber security and serves to provide a level of confidence within the market, covering everything from the data center to the ATM/SST.