NEWS
RBL Bank embraces Finacle Digital Banking Solution Suite on Cloud with containerized platform
capabilities of the cloud-native architecture to realize greater responsiveness , agility and reliability required to succeed in today ’ s digital reality .
Sankarson Banerjee , Chief Information Officer , RBL Bank , said : “ Even as our customers shift and readjust how they bank in these challenging times , it is our continuous endeavor to provide them with a world class customer experience . When combined with the flexibility to elastically scale our applications and microservices , we will be better placed to meet our Digital Transformation goals .
RBL Bank , one of India ’ s leading private sector banks , is migrating from an on-premise deployment to a modern Cloud Native Computing Foundation ( CNCF ) Certified , Kubernetes managed , containerized ecosystem from Finacle .
The shift will enable RBL Bank to power its business with a state-of-the-art private cloud architecture , enabling it to cost-effectively scale at will , while delivering new digital banking capabilities at speed . The bank will gain from the automated , self-service
“ We ’ re investing in this new platform to gain exponential benefits in reducing costs , increasing efficiency , lowering cost to serve and ultimately , a better customer experience . Finacle ’ s microservices and API based architecture forms the foundation on which we react to market requirements faster and remain ever ready to serve digitally native customers .”
New Zealand Reserve Bank responds to illegal breach of data system
The Reserve Bank of New Zealand ( Te
Pūtea Matua ) responded to a breach of a third-party file sharing service used to share information with external stakeholders .
Governor Adrian Orr said the breach was contained but time was needed to determine the impact . “ We are actively working with domestic and international cybersecurity experts and other relevant authorities as part of our investigation . This includes the GCSB ’ s National Cyber Security Centre which has been notified and is providing guidance and advice ,” he said .
“ We have been advised by the third-party provider that this wasn ’ t a specific attack on the Reserve Bank , and other users of the file sharing application were also compromised .
Kevin Reed , CISO at Acronis , said : “ There ’ s no way to trace the breach back to the perpetrator until the investigation is complete
– it could be anything between a state sponsored attack or a simple automated attack on a misconfigured server / system .
“ However , government entities aren ’ t known for paying ransoms , so threatening to leak data will likely not be profitable for the attacker – their goal could be simply to create mayhem . One way this could happen is if an employee of the third-party file sharing service fell victim to a phishing or malspam attack that resulted in either stolen credentials or installation of a trojan , which provided access to the systems .”
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