An industry which includes systems of financial institutions called banks that help people store and use their money. Banks offer clients the opportunity to open accounts for different purposes, like saving or investing their money

Threats & Risks

Physical security threats

These include robberies, burglaries, and vandalism. Banks are particularly vulnerable to these types of threats due to the large amounts of cash and valuable assets that are kept on site.

Natural disasters

Banks may be affected by natural disasters such as floods, hurricanes, earthquakes, and wildfires. These events can cause damage to facilities and disrupt business operations.

Power outages

Banks rely on electricity to power their operations, and a power outage can cause significant disruptions to their ability to provide services to customers.

Infrastructure failures

Banks rely on a complex network of infrastructure, including telecommunications and internet services, to provide services to customers. Any failure in this infrastructure can disrupt operations and compromise customer data.

Standards Compliance Requirement

ISO 27001:2022
Information Security Management System (ISMS)
5.24 – Information security incident management planning and preparation
5.26 Response to information security incidents
ISO 22301
Security and resilience
8.5 – Operations
ISO 27701
Privacy Information Management System
6.13 Information security incident management
6.13.1 Management of information security incidents and improvements

©2023 All rights reserved.

Testmyplan uses cookies to remember users’ custom preferences and to help users complete tasks without having to re-enter information when browsing from one page to another or when visiting the site later.