'Banks are adopting stringent anti-hacking measures'

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Cyber security is one of the key concerns of banking industry in recent times and banks are adopting stringent anti hacking measures to ensure safety of their data, said the Chairman and Managing Director (MD) of Dena Bank, Ashwini Kumar while addressing newsmen here on Wednesday. On what is being termed as biggest data breach with debit card details of reportedly 32 lakh users stolen recently, Kumar said that Dena bank has blocked 17000 cards issued by it as a precautionary measure. He claimed that the bank is adopting system monitoring and has even hired professional hackers to find chinks in its cyber armoury. Kumar said that all the accounts of Dena bank are safe.

On progress of bank in Uttarakhand and future plans, the Dena bank chief said that bank is committed to open new braches in the region though the pace is slow due to current slowdown of the banking sector precipitated by the NPA crisis. He informed that a new branch of bank was opened at Kotdwar town on Wednesday. Dena bank has 17 branches in Uttarakhand while its Dehradun region controls 37 branches located Uttarakhand and western Uttar Pradesh. Kumar said that he has asked the Dehradun region to focus more on Stand up India and Mudra loans so that the economy of the area gets a boost. Under Stand up India scheme each branch of bank should provide a loan to two individuals to start own business. He informed that the Dena bank has cleared six such loans and 28 more would be provided before the end of current fiscal in Uttarakhand. Kumar said that the bank has launched a campaign for home and auto loans in the state.

A credit camp was organised at the regional office of the bank on the occasion of the visit of the chairman and MD. In the camp loan worth `18.20 Crore were disbursed.

The Regional Manager Dehradun Prem Prakash Sachdewa was also present on the occasion.

Daily Pioneer
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