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Financial Institution Cybersecurity Threats Loom Large in Bhutan

As the world becomes increasingly dependent on digital transactions, cybersecurity threats have become a major concern for financial institutions across the globe, including Bhutan. In recent years, there has been an alarming rise in cases of victims falling prey to scams and phishing incidents, resulting in significant financial losses.

Addressing the Growing Menace

To address this growing menace, the Bhutan Computer Incident Response Team (BtCIRT) is launching a week-long cybersecurity awareness campaign from December 20 to 25, 2021, marking the country’s first-ever Cyber Security Week. The initiative aims to:

• Create awareness among the general public
• Educate and inspire students
• Upskill ICT professionals

Partnership and Agenda

The event is being conducted in partnership with the Financial Institutions Cyber Response Team (FICRT), comprising representatives from all banks and financial institutions, as well as key players such as ISPs, DHI, Thimphu TechPark Ltd., private entities, an international cybersecurity partner, and sponsors APNIC, ISOC, and Team Cymru.

The agenda for the cybersecurity week includes:

• Network security workshop
• Web application security webinar
• MANRS for network operators
• Cybersecurity awareness workshop
• Cybersecurity conference
• Cyber hygiene screening
• Fun activities such as social media hashtag challenges, quizzes, and Catch The Flag (CTF)

Registration and Expectations

The BtCIRT has extended an invitation to interested participants to join the available sessions, which can be registered for through the provided links. With cybersecurity threats posing a significant risk to financial institutions in Bhutan, this initiative is expected to bring all key stakeholders together for a collaborative and inclusive approach to address these concerns.

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