TRAINING ON CYBER SECURITY AND FRAUDS PREVENTION FOR BANKS

Starts from: July 24, 2023 8:00AM - 4:30PM
Campus Location

Bank of Tanzania, Dar es Salaam,Dar es Salaam,TZ,Tanzania

Course Feature
Class Description

 

A. OVERVIEW

The Bank of Tanzania Act, 2006 and the Banking and Financial Institutions Act, 2006 mandate the Bank of Tanzania to license, regulate and supervise banking institutions in Tanzania. As a regulator, the Bank of Tanzania is entrusted with the responsibility of ensuring stable, sound and safe financial system in the country. In discharging this responsibility, it is in the interest of the Bank to ensure that banking institutions advocate adequate security measures in their ICT for the purpose of preventing acts of cyber-attacks, which could result in major loss to the banking sector and the national economy.

Cyber security threats in banks are on rise along with a growth in e-services both in private and the government. The linking of every kind of machine and computer with telecommunication has changed what tasks are done by whom and where but the vulnerability is more skewed to the banks. It is from this background, the Training Institute in collaboration with professionals in cybersecurity have prepared this auspicious course.

B. OBJECTIVE OF THE COURSE

At the end of this course, participants will be able to promote proactive intervention on cyber security for their organizations, particularly banking institutions.  The participants will acquire skills of managing ICT systems strategically while protecting their organizations from impending cybercrimes and frauds.

C. TARGET GROUP

The training is intended for ICT personnel, risk managers, finance and auditors, bankers, insurance and security managers.

D. CONTENTS OF THE COURSE

  1. An Overview of Financial Frauds
  2. Types of Fraud and strategies to mitigate fraud risk in Banks
  3. Concepts of whistle blowers and legal framework
  4. Introduction to financial cyber security risk in relation to Fraud (magnitude of cyber security should be included here)
  5. Issues and Challenges of Internet and mobile banking
  6. Physical securities and cyber-crime investigation
  7. Digital forensic investigation
  8. Cyber-crime and legal frameworks in Tanzania
  9. Issues and challenges of cyber-crime in Tanzania
  10. Duties and responsibilities of first responders to the cyber-crime scene
  11. Cyber-crime scene management
  12. Fundamental of investigation report writing
  13. Strategic management of ICT systems

E. SCHEDULED DATE AND DURATION:

Five working days from 24th to 28th July 2023.

F. RESOURCE PERSONS:

Bank of Tanzania Academy in collaboration with Cyber Security Professionals.

G. VENUE:

Bank of Tanzania, Dar es Salaam Sub Head Office

H. COURSE FEES AND MODE OF PAYMENT

The fee for each participant is TZS 1.0 million or USD 500 for non-residents covering tuition, course materials, lunch, and mid-session refreshments. Participants will be responsible for their travel costs and upkeep. Please make the payment of your fees using the following channel:

Bank Transfer through TISS Transferee Bank: Bank of Tanzania

Account Number:            9944713006

Account Name:                Course Fees         

SWIFT CODE:                  TANZTZTXXXX

 

I. HOW TO APPLY

Send a letter, e-mail, or make a phone call to the Academy through any of the mentioned contacts below. The course will accommodate 25 participants and the first come first served principle will apply. Applications should reach us at least two (2) working days before commencement of the course.

All applications should be addressed to:

The Principal,

Bank of Tanzania Academy,

P.O. Box 131, Capri-Point,

MWANZA

+255 (0) 28 2 500 982/709/983 +255 (0) 28 2 500 984

Email: academy@bot.go.tz