NDB Bank recently secured a victory at the prestigious National Best Quality Software Awards (NBQSA) 2023. The bank was honoured with a merit award in recognition of the excellence of its "Secure 360 Security Management Programme."
NDB's achievement was in the "in-house" category, which commended the "Secure360" application, a creation developed exclusively by NDB's IT professionals.
The "Secure360" application operates by providing real-time updates from the National Vulnerability Database, cross-referencing this information with NDB's technology stack. It identifies newly released vulnerabilities and promptly assigns them to the respective system administrators for resolution, based on the vulnerability's criticality and specific timeframes. This proactive approach ensures the swift mitigation of system vulnerabilities, leaving no opportunity for potential attackers to exploit them, thereby maintaining an impeccable infrastructure. The name "Secure360" aptly conveys the comprehensive nature of this security tool.
The 25th edition of the National ICT Awards 2023, held on October 25 under the esteemed patronage of President Ranil Wickramasignhe, was a testament to innovation within the IT industry. This event celebrated pioneering solutions, emphasising their uniqueness, utility, and innovative approaches while providing a prominent platform to represent Sri Lanka on a global scale.
Commenting on this achievement, Mr. Indika Gunawardena, CIO of NDB Bank, expressed his enthusiasm for this achievement, stating that "we take great pride in our dedicated and skilled IT team, whose hard work and innovative approach led to this significant recognition. The Secure 360 Security Management Programme reflects our commitment to safeguarding our systems and protecting customer data. We're excited to further improve this application by integrating cutting-edge AI features into our product roadmap.” He further stated that NDB's strong commitment to cybersecurity assures customers of their trust in us as their preferred banking partner."
In recent times, NDB has fortified its infrastructure, systems, and data security with various enhancements and unique solutions. Notably, NDB IT has achieved dual certifications in ISO27001 for Information Security Management System and ISO22301 for Business Continuity Management System, a first in the banking industry.
NDB Bank is the fourth-largest listed commercial bank in Sri Lanka. The bank was recently named the Retail Bank of the Year (Sri Lanka) at the Asian Banking & Finance Retail Banking Awards 2023 and the Best Corporate Bank 2023 by Asiamoney and also emerged as the Most Awarded Corporate in Sri Lanka in 2022 for the second consecutive year, as per the annual rankings of Sri Lankan publication LMD. The Bank was adjudged the Best Bank in Sri Lanka 2022 by Global Finance USA and Euromoney in their annual best bank awards programmes. Additionally, The Bank was named one of the "Top 50 Best Workplaces in Sri Lanka 2022" by Great Place To Work, USA. NDB is the parent company of the NDB Group, comprising capital market subsidiary companies, together forming a unique banking and capital market services group. The Bank is committed to empowering the nation and its people through meaningful financial and advisory services powered by digital banking solutions.